MZ Homes Southern California

Market Report

Lake Elsinore Housing Market

The median Lake Elsinore home sold for $589,500 over the last 90 days — up 1.6% from a year ago.

Updated August 30, 2026. Source: CRMLS closed sales.

$589,500
Median sale price (90 days)
+1.6%
Year over year
31
Median days on market (90 days)
234
Homes closed (90 days)

Median sale price by month — Lake Elsinore

Monthly median closed sale price, Jul 2025 to Aug 2026. Bars are scaled between the low and high months to show month-to-month change, not from $0. Range: $557,500 to $618,000.

Market pace

66
homes closed in the last 30 days
234
closed in the last 90 days
857
closed in the last 12 months
$291
median price per square foot (sold)

Homes for sale in Lake Elsinore right now

270 active listings. Median list price $625,000; most fall between $449,900 and $859,888.

By price

Under $400K 16
$400K – $600K 103
$600K – $800K 119
$800K – $1M 14
Over $1M 18

By bedrooms

1–2 beds 45
3 beds 103
4 beds 84
5+ beds 38

Browse Lake Elsinore homes for sale →

A median is not your house.

These numbers tell you what Lake Elsinore did. They do not tell you what your layout, lot, and condition are worth. I will walk your home and give you a real number — including if it is lower than you hoped.

Get your home's value

Common questions

Are home prices in Lake Elsinore going up or down?

The median sale price in Lake Elsinore over the last 90 days was $589,500 — up 1.6% from the same period a year ago. Month to month over the past year it has stayed within a fairly narrow range.

How long does it take to sell a home in Lake Elsinore?

Homes that closed in Lake Elsinore over the last 90 days spent a median of 31 days on the market before going under contract.

Are Lake Elsinore homes selling above or below asking price?

The median home in Lake Elsinore sold for about 100.0% of its list price over the last 90 days.

How many homes are for sale in Lake Elsinore right now?

There are currently 270 active residential listings in Lake Elsinore, with a median list price of $625,000.

What is my Lake Elsinore home worth?

The median Lake Elsinore sale over the last 90 days was $589,500, but an individual home’s value depends on its condition, location, upgrades, and timing. Request a broker-prepared valuation from MZ Homes for a figure specific to your home.

Based on 857 closed residential sales reported to CRMLS in Lake Elsinore between July 1, 2025 and August 28, 2026. Statistics are medians computed August 30, 2026 and are provided for general information; they are not an appraisal or a prediction of any individual home’s value.

Mike Zwarg, Broker/Owner · MZ Homes · CA DRE #01890233 Equal Housing Opportunity
Mike Zwarg, Broker / Owner
Helping you buy and sell with confidence.
951.528.0626 mike@mzhomes.us mzhomes.us
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