Lake Elsinore, CA Real Estate & Property Data

Lake Elsinore Real Estate Market Trends
Last Updated: April 27, 2024

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Lake Elsinore, CA. ATTOM offers up to date Lake Elsinore real estate data that is refreshed daily. Current market trends reveal that in the past year, 988 residential properties have been sold in Lake Elsinore, CA, with a median home price of $567,000. The average square footage of these properties is 2,022 sq ft, and the effective property tax rate is 0.96%. Additionally, there have been 19 foreclosures in the area in the past month. ATTOM is your one-stop-shop for detailed property data in Lake Elsinore, CA, providing you with the real estate information you need.

Lake Elsinore Real Estate Market Trends
Total Residential Properties 23,654
Total Commercial Properties 1,532
Avg. Home Age (Single Family Home) 29 Years
Avg. Square Feet (Single Family Home) 2,022
Total 2024 Residential Sales (year-to-date) 139
% of Homes Seriously Underwater (Q2 2024) 0.6%
Total 2023 Residential Sales 922
% of Equity Rich Homes (Q2 2024) 43.36%
Effective 2023 Property Tax 0.96%
Total Foreclosure Filings (year-to-date) 30
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Lake Elsinore, CA Real Estate Overview

In the last year, 988 residential properties were sold in Lake Elsinore, CA, with a median home value of $575,250. Lake Elsinore, CA has a total of 23,654 residential properties, including properties across 2 zip codes and 1294 streets.

Median Sales Price i
$567,000
(Feb 2024)
+3.1%
year-over-year
y-o-y
  • February '24 Feb '24 $567,000
  • January '24 Jan '24 $550,000
  • December '23 Dec '23 $578,000
  • November '23 Nov '23 $580,000
  • October '23 Oct '23 $575,000
  • September '23 Sep '23 $566,000
  • August '23 Aug '23 $577,500
  • July '23 Jul '23 $585,000
  • June '23 Jun '23 $579,000
  • May '23 May '23 $579,000
  • April '23 Apr '23 $550,000
  • March '23 Mar '23 $550,500
Median Down Payment i
$26,975
(Feb 2024)
+70.7%
year-over-year
y-o-y
  • February '24 Feb '24 $26,975
  • January '24 Jan '24 $15,000
  • December '23 Dec '23 $31,400
  • November '23 Nov '23 $29,450
  • October '23 Oct '23 $30,625
  • September '23 Sep '23 $25,225
  • August '23 Aug '23 $30,275
  • July '23 Jul '23 $91,500
  • June '23 Jun '23 $30,625
  • May '23 May '23 $16,350
  • April '23 Apr '23 $59,000
  • March '23 Mar '23 $29,825
Number of Homes Sold i
72
(Feb 2024)
+10.8%
year-over-year
y-o-y
  • February '24 Feb '24 72
  • January '24 Jan '24 67
  • December '23 Dec '23 58
  • November '23 Nov '23 68
  • October '23 Oct '23 61
  • September '23 Sep '23 85
  • August '23 Aug '23 76
  • July '23 Jul '23 86
  • June '23 Jun '23 100
  • May '23 May '23 82
  • April '23 Apr '23 81
  • March '23 Mar '23 87
Number of Purchase Loans i
60
(Feb 2024)
+7.1%
year-over-year
y-o-y
  • February '24 Feb '24 60
  • January '24 Jan '24 58
  • December '23 Dec '23 68
  • November '23 Nov '23 64
  • October '23 Oct '23 69
  • September '23 Sep '23 78
  • August '23 Aug '23 62
  • July '23 Jul '23 75
  • June '23 Jun '23 90
  • May '23 May '23 75
  • April '23 Apr '23 68
  • March '23 Mar '23 65
Number of REFI Loans i
72
(Feb 2024)
+75.6%
year-over-year
y-o-y
  • February '24 Feb '24 72
  • January '24 Jan '24 64
  • December '23 Dec '23 56
  • November '23 Nov '23 57
  • October '23 Oct '23 75
  • September '23 Sep '23 57
  • August '23 Aug '23 69
  • July '23 Jul '23 53
  • June '23 Jun '23 53
  • May '23 May '23 57
  • April '23 Apr '23 49
  • March '23 Mar '23 55
Number of HELOC Loans i
19
(Feb 2024)
+90%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 24
  • December '23 Dec '23 21
  • November '23 Nov '23 15
  • October '23 Oct '23 24
  • September '23 Sep '23 26
  • August '23 Aug '23 27
  • July '23 Jul '23 18
  • June '23 Jun '23 16
  • May '23 May '23 24
  • April '23 Apr '23 21
  • March '23 Mar '23 11

Lake Elsinore, CA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Lake Elsinore, CA Foreclosure Activity

There were a total of 19 Lake Elsinore, CA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 11 Lake Elsinore, CA properties and repossessed 1 Lake Elsinore, CA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
19
(Feb 2024)
+26.7%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 11
  • December '23 Dec '23 17
  • November '23 Nov '23 19
  • October '23 Oct '23 16
  • September '23 Sep '23 17
  • August '23 Aug '23 15
  • July '23 Jul '23 10
  • June '23 Jun '23 18
  • May '23 May '23 13
  • April '23 Apr '23 23
  • March '23 Mar '23 23
Foreclosure Starts i
11
(Feb 2024)
+10%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 10
  • December '23 Dec '23 13
  • November '23 Nov '23 14
  • October '23 Oct '23 12
  • September '23 Sep '23 13
  • August '23 Aug '23 13
  • July '23 Jul '23 8
  • June '23 Jun '23 13
  • May '23 May '23 9
  • April '23 Apr '23 15
  • March '23 Mar '23 15
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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