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Featured local agent — Elizabeth Lake, CA
Sarah Mitchell
Compass Real Estate · Elizabeth Lake, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elizabeth Lake, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$465,000median sale price
How is the Elizabeth Lake, CA housing market right now?
The median home sale price in Elizabeth Lake, CA is $465,000, up 16.3% year-over-year. Homes sell in an average of 20 days with 12 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Elizabeth Lake a buyer's or seller's market?
Elizabeth Lake, CA is currently a leaning buyer's, based on 12.0 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
20
Fast-moving
Active listings
12
12.0 months supply
Sale-to-list
102.4%
Above asking
What does the Elizabeth Lake housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $465,000 |
| Median list price | $477,445 |
| Year-over-year price change | +16.3% |
| Average days on market | 20 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 102.4% |
| Median price per sq ft | $263/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 4 |
| Listings with a price cut | 16.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Elizabeth Lake by property type?
How the Elizabeth Lake, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $465,000 | $263/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Elizabeth Lake housing market is currently classified as a leaning buyer's with a median sale price of $465,000. Prices have risen 16.3% compared to last year, with homes spending an average of 20 days on market, indicating 12.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Elizabeth Lake
There are currently 12 homes listed for sale in Elizabeth Lake, California. The median listing price is $477K.
Active listings
12
Homes on market
Median list price
$477K
Avg. days on market
20
Days until sale
New this week
4
Newly listed
Who lives in Elizabeth Lake?
Population
1,677
Median income
$102,333/yr
Median age
35.6 years
Owner-occupied
86.8%
College grads
24.3%
Avg commute
45.2 min
Source: U.S. Census Bureau ACS
What is it like to live in Elizabeth Lake?
Elizabeth Lake is a community of approximately 2K residents with a median age of 35.6 years.The median household income is $102,333, which reflects a relatively affluent area with strong earning potential. 24.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 86.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 45.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Elizabeth Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Elizabeth Lake, CA?
Want a head-to-head view? Compare Elizabeth Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elizabeth Lake?
The median home sale price in Elizabeth Lake is $465,000, up 16.3% from last year.
How long do homes stay on market in Elizabeth Lake?
Homes typically spend 20 days on market before going under contract.
What is the median income in Elizabeth Lake?
The median household income is $102,333 per year.
Is Elizabeth Lake a buyer's or seller's market?
With 12.0 months of supply, Elizabeth Lake is currently a leaning buyer's.
How much does a single-family home cost in Elizabeth Lake?
The median single-family home price in Elizabeth Lake, CA is $465,000 (about $263 per square foot).
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