Homes for Sale Under 250K in Lake Elsinore, CA

173 Homes for Sale

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Lake Elsinore, CA Housing Market Overview

Lake Elsinore is a balanced market, giving buyers and sellers room to negotiate. With 2.2 months of supply and homes averaging 72 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

72

Inventory

143

Sep 2021Jun 2024Sep 2026

Median Home Price

$605,000Up 1.68%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
143 Down 12.80%
Newly Listed Homes
267 Up 0.75%
Months of Supply
2.2 Down 8.33%

Housing Demand

Homes Sold
193 Down 6.76%
Sale-to-List Ratio
100.2% Up 0.45%
Homes Sold Above List
44.6% Up 24.64%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

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    Based on information from California Regional Multiple Listing Service, Inc. as of Oct 9, 2026, 8:45 AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

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Lake Elsinore, CA Housing Marketlink qauare
Homes Available icon

173

Homes Available

Median List Price icon

$ 605,000

Median List Price

Avg on Market icon

72 Days

Avg on Market

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