Canyon Lake Housing Market Report – August 2026
Here's a look at how the Canyon Lake, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 25
- Median Sale Price: $624,000
- Average Sale Price: $719,436
- Average Price Per Sq Ft: $423
- Average Days on Market: 114
- Sale-to-List Price Ratio: 96.5%
Month-Over-Month Trends
Compared to July, the median sale price in Canyon Lake moved 1.3% down (from $632,500 to $624,000). The number of homes sold was 16.7% down compared to the prior month (30 vs. 25). Average days on market shifted 44.3% up (79 days to 114 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 12.8% down (from $715,500 to $624,000). Sales volume is 13.6% up year-over-year.
Canyon Lake Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92587 | 25 | $624,000 | $423 | 114 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 19 | $749,999 | $432 |
| LAND | 5 | $150,000 | N/A |
| MOBILE | 1 | $450,000 | $251 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 4 |
| $200K - $299K | 1 |
| $300K - $399K | 1 |
| $400K - $499K | 3 |
| $500K - $749K | 7 |
| $750K+ | 9 |
Current Active Listings
As of this report, there are 190 active listings in Canyon Lake with a median asking price of $715,000 and an average of 117 days on market.
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