Lake Elsinore, CA Home Values & Market Trends
Real estate market trends reflect that there have been 928 transactions over the past year in Lake Elsinore. The median value for residential home transactions that occurred over the previous year is $575,472.24. The number of current listings in Lake Elsinore is 125, and the percentage of properties for sale in the city is 125.00%. Lake Elsinore, CA currently has 119 properties in foreclosure, 3 bank owned properties, 18 properties headed for auction, and 125 properties for sale.
Lake Elsinore, CA Real Estate Market Overview
Housing Market Summary for Lake Elsinore, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $572.4K | $568.1K | -0.74% |
| Median Sold Price | $576.4K | $568.1K | -1.43% |
| Homes For Sale | 118 | 129 | 9.32% |
| Homes Sold | 722 | 705 | -2.35% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Elsinore, CA
Browse Homes in Lake Elsinore, CA
Lake Elsinore home values range from $75,599 to $2,938,040. The median estimated value of a home in Lake Elsinore is $575,472.24. The median list price of a home is 580,000, and the total count of properties in the city is 23,429.
- Pre-ForeclosurePre-foreclosure homes account for 0.42% of all residential properties in Lake Elsinore, CA with 92530 containing 62 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Lake Elsinore, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $759,999 in 92532 to the lowest home value of $284,500 in 92530.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Elsinore, CA ranges from the highest value of $523,250 in 92530 to the lowest value of $485,250 in 92530. Bank owned homes and properties account for 0.01% of properties in Lake Elsinore, CA. There are 2 zips within Lake Elsinore, CA; 92530 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92530 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Elsinore, CA. Auction homes and other auction properties account for 0.08% of all properties in Lake Elsinore, CA. There are 2 zips within Lake Elsinore, CA; of those zips, the median estimated home value for homes going to auction ranges from $922,800 in 92532 to the lowest value of $240,000 in 92532.
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Guide for Lake Elsinore, CA
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