Lake Elsinore Housing Market Report – August 2026
Here's a look at how the Lake Elsinore, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 105
- Median Sale Price: $590,000
- Average Sale Price: $525,725
- Average Price Per Sq Ft: $303
- Average Days on Market: 117
- Sale-to-List Price Ratio: 98.1%
Month-Over-Month Trends
Compared to July, the median sale price in Lake Elsinore moved 0.9% up (from $584,500 to $590,000). The number of homes sold was 15.3% down compared to the prior month (124 vs. 105). Average days on market shifted 28.6% up (91 days to 117 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 5.3% up (from $560,544 to $590,000). Sales volume is 16.7% up year-over-year.
Lake Elsinore Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92530 | 80 | $557,500 | $321 | 127 |
| 92532 | 25 | $635,000 | $268 | 94 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 62 | $605,000 | $304 |
| LAND | 31 | $592,000 | N/A |
| CONDOS | 8 | $469,972 | $292 |
| TOWNHOMES | 2 | $481,657 | $267 |
| CONDO | 1 | $481,500 | N/A |
| MOBILE | 1 | $410,000 | $388 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 11 |
| $100K - $199K | 3 |
| $200K - $299K | 1 |
| $300K - $399K | 5 |
| $400K - $499K | 12 |
| $500K - $749K | 68 |
| $750K+ | 5 |
Current Active Listings
As of this report, there are 802 active listings in Lake Elsinore with a median asking price of $500,000 and an average of 149 days on market.
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