What is the median home value in Lake Elsinore, CA?

Name: Home values in Lake Elsinore, CA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in Lake Elsinore, CA is $566,000 (±$11,930), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Lake Elsinore, the median home value went from $352,600 in 2015–2019 to $566,000 in 2020–2024 (+60.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $566,000 (±$11,930)
Owner-occupied homes: 14,532 (±645)
Most common range: $500,000 to $999,999

Home values in Lake Elsinore

Owner-occupied homes by value, 2020–2024
Value	Lake Elsinore	Riverside County	California	United States
Less than $50,000	2.3% (±1.0 points)	3.6%	2.5%	5.3%
$50,000 to $99,999	1.6% (±0.7 points)	2.9%	1.7%	6.1%
$100,000 to $149,999	0.7% (±0.5 points)	1.8%	1.3%	6.8%
$150,000 to $199,999	0.6% (±0.5 points)	1.6%	1.4%	9.0%
$200,000 to $299,999	1.7% (±0.9 points)	5.1%	4.3%	17.8%
$300,000 to $499,999	28.2% (±3.1 points)	26.6%	17.1%	26.9%
$500,000 to $999,999	63.7% (±3.2 points)	51.8%	42.1%	20.9%
$1,000,000 or more	1.1% (±0.5 points)	6.6%	29.6%	7.1%

The most common range is $500,000 to $999,999, 63.7% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Lake Elsinore against Riverside County, its state and the nation

Estimate (90% margin of error)
	Lake Elsinore	Riverside County	California	United States
Median home value	$566,000 (±$11,930)	$557,300 (±$2,765)	$734,700 (±$1,307)	$332,700
Owner-occupied homes	14,532 (±645)	535,986 (±3,538)	7,567,568 (±37,334)	84,210,142

In Lake Elsinore, the median home value is not measurably different from Riverside County ($557,300).

It is also lower than in California ($734,700).

It is higher than the national figure ($332,700).

In Riverside County, Lake Elsinore ranks 24 of 70 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 582 of 1,059.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Lake Elsinore have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$352,600 (±$4,183)	$566,000 (±$11,930)	+60.5%	Up after inflation
Median owner cost with a mortgage	$2,114 (±$53)	$2,819 (±$115)	+33.3%	Up after inflation
Median real estate taxes	$4,780 (±$304)	$5,404 (±$531)	+13.1%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Lake Elsinore

Nearest places with a published estimate, compared with Lake Elsinore
Place	Distance	Median home value	Compared with this place
Lake Elsinore	—	$566,000 (±$11,930)	—
Warm Springs	1.4 mi	$329,100 (±$89,971)	Lower
Lakeland Village	3.1 mi	$463,500 (±$24,764)	Lower
Meadowbrook	4.0 mi	$264,600 (±$135,699)	Lower
Canyon Lake	4.1 mi	$699,600 (±$28,169)	Higher
Wildomar	6.5 mi	$552,400 (±$19,889)	Not measurably different
Good Hope	6.7 mi	$391,700 (±$79,356)	Lower
Menifee	8.7 mi	$537,300 (±$12,050)	Lower
Temescal Valley	9.1 mi	$710,400 (±$22,000)	Higher

Nearby places with a measurably lower figure: Warm Springs, CA ($329,100), Lakeland Village, CA ($463,500), Meadowbrook, CA ($264,600).

Nearby places with a measurably higher figure: Canyon Lake, CA ($699,600), Temescal Valley, CA ($710,400).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Riverside County, place by place

Rank	Place	Median home value
18	Coronita	$597,400 (±$103,960)
19	Bermuda Dunes	$596,300 (±$57,398)
20	Riverside	$584,800 (±$5,570)
21	Jurupa Valley	$574,600 (±$13,081)
22	Sage	$569,300 (±$99,567)
23	Desert Palms	$567,400 (±$30,244)
24	Lake Elsinore	$566,000 (±$11,930)
25	Wildomar	$552,400 (±$19,889)
26	Lakeview	$548,800 (±$82,566)
27	Palm Desert	$542,000 (±$25,109)
28	Home Gardens	$538,700 (±$28,051)
29	Menifee	$537,300 (±$12,050)
30	Nuevo	$535,900 (±$47,144)

Showing 13 of 70 places in Riverside County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Lake Elsinore

What is the average home value in Lake Elsinore, CA?

The Census Bureau publishes the median: $566,000 (±$11,930) for owner-occupied homes in Lake Elsinore (2020–2024 American Community Survey).

Have home values in Lake Elsinore gone up?

In Lake Elsinore, the median home value went from $352,600 in 2015–2019 to $566,000 in 2020–2024 (+60.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Lake Elsinore sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Elsinore city, California (place:39486, in state:06).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.