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Market Intelligence · CA / Riverside County

Lake Elsinore, CA home prices and housing market

2 ZIP markets liveData updated September 2026Typical value$591K1-yr changeUp0.2%

The typical home value in Lake Elsinore, CA is $591K as of September 2026, up 0.2% from a year ago, based on the Zillow Home Value Index. In the typical Lake Elsinore ZIP code, the median list price is $617K and homes spend a median of 56 days on market as of September 2026 (Realtor.com).

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The coverage

Lake Elsinore, by the numbers.

Typical home valueZillow ZHVI, September 2026
$591K
1-yr changeMedian across Lake Elsinore ZIPs
+0.2%
ZIP markets live3 tracked in Lake Elsinore
2
County
Riverside County

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12-month value trend

+0.2% over 12 months

Typical home value in Lake Elsinore over the last 12 months: $590K in Sep 2025 to $591K in Sep 2026 (+0.2%).

Sep 2025$590K

Sep 2026$591K

Median Zillow home value index across Lake Elsinore's ZIP codes.

Context

Lake Elsinore's housing market shows modest stability heading into fall 2026. The typical home value sits at $591,461, up 0.2% over the past year. There are 209 homes for sale with a median list price of $616,500, and 100 new listings came to market in September. Homes spend a median of 56 days on the market, while 17.8% of listings have seen a price cut. If you're considering selling, the low price appreciation and moderate inventory suggest you should focus on your personal timeline rather than waiting for stronger gains.

The numbers

What is the housing market like in Lake Elsinore, CA?

Typical home value

$591K

Up0.2%YoY

Median list price

$617K

Days on market

56

Homes for sale

209

Price cuts

17.8%

New listings

100

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Lake Elsinore's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Lake Elsinore, CA home prices over time

Typical home values in Lake Elsinore, CA are up 0.2% over the past year, from $590K in September 2025 to $591K in September 2026.

Typical home value in Lake Elsinore, CA, September of each year
MonthTypical value1-yr change
September 2026$591,461+0.2%
September 2025$590,282No prior year

Typical value is the median Zillow Home Value Index across Lake Elsinore ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Lake Elsinore, CA a buyer's or seller's market?

Lake Elsinore, CA is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 56 days on market and 18% of listings with a price cut in the typical Lake Elsinore ZIP code, and 100 new listings against 209 active listings across Lake Elsinore, as of September 2026 (Realtor.com).

The outlook

Lake Elsinore housing market forecast 2027

+0.2%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 2 Lake Elsinore ZIP codes, points to typical home values holding roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in Lake Elsinore rose 0.2%, per the Zillow Home Value Index.

Will home prices drop in Lake Elsinore?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Lake Elsinore shows typical home values holding roughly flat by September 2027 (up 0.2%), after a 0.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 2 Lake Elsinore ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Lake Elsinore?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 3 Lake Elsinore ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Lake Elsinore, CA home prices.

What's the typical home value in Lake Elsinore?

The typical home value in Lake Elsinore is $591,461 as of September 2026, up 0.2% over the past year.

How many homes are for sale in Lake Elsinore?

There are 209 homes for sale in Lake Elsinore as of September 2026, with 100 new listings that month.

How long do homes take to sell in Lake Elsinore?

Homes spend a median of 56 days on the market in Lake Elsinore, and 17.8% of listings have received a price cut.

Are home prices going up or down in Lake Elsinore, CA?

Typical home values in Lake Elsinore, CA are up 0.2% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Lake Elsinore, CA a buyer's or seller's market?

Lake Elsinore, CA is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 56 days on market and 18% of listings with a price cut in the typical Lake Elsinore ZIP code, and 100 new listings against 209 active listings across Lake Elsinore, as of September 2026 (Realtor.com).

Nearby markets

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