All Home Types
Lake Elsinore, CA Housing Market
What is the housing market like in Lake Elsinore today?
In May 2025, Lake Elsinore home prices were up 3.2% compared to last year, selling for a median price of $620K. On average, homes in Lake Elsinore sell after 37 days on the market compared to 31 days last year. There were 71 homes sold in May this year, up from 65 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$619,990
+3.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Lake Elsinore, CA
$619,990
+3.2%
United States
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Lake Elsinore Migration & Relocation Trends
In Feb '25 - Apr '25, 23% of Lake Elsinore homebuyers searched to move out of Lake Elsinore, while 77% looked to stay within the metropolitan area.
- Across the nation, 4% of homebuyers searched to move into Lake Elsinore from outside metros.
- Houston homebuyers searched to move into Lake Elsinore more than any other metro followed by San Francisco and Hermiston.
Where are people moving to Lake Elsinore from?
- 77% of Lake Elsinore homebuyers searched to stay within the Lake Elsinore metropolitan area.
- Las Vegas was the most popular destination among Lake Elsinore homebuyers followed by San Diego and Bakersfield.
Where are people from Lake Elsinore moving to?
Number of People Moving to Lake Elsinore
least
most
People are moving to Lake Elsinore from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 1,150 | ||
| 2 | 854 | ||
| 3 | 42 | ||
| 4 | 7 | ||
| 5 | 6 | ||
| 6 | 5 | ||
| 7 | 5 | ||
| 8 | 4 | ||
| 9 | 2 | ||
| 10 | 1 | ||
People are leaving Lake Elsinore for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Feb '25 - Apr '25 | ||
| 1 | 6,194 | ||
| 2 | 6,111 | ||
| 3 | 3,957 | ||
| 4 | 3,918 | ||
| 5 | 2,581 | ||
| 6 | 2,437 | ||
| 7 | 2,211 | ||
| 8 | 1,924 | ||
| 9 | 1,903 | ||
| 10 | 1,590 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lake Elsinore.
Provided by First Street Foundation
Transportation in Lake Elsinore
Learn about the walkability, bikeability, and transit-friendliness of Lake Elsinore
Car-Dependent
Walk Score®
Somewhat Bikeable
Bike Score®
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