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The median home value in Canyon Lake, CA is $706,725 as of 2026-07-31, up 1.17% from a year earlier.
Median Home Value
$706,725
Year-over-Year
+1.17%
Population
11,100
Canyon Lake ranks #223 of 396 California cities tracked here by median home value, and sits 7.7% below the state's city median of $765,555. It sits in Riverside County, where the county-wide median is $610,513.
Median household income in Canyon Lake is $126,926, so the typical home value is about 5.6× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Canyon Lake police recorded a violent crime rate of 45 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 757 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Canyon Lake, that value is $706,725. That's up 1.17% from a year earlier. It is about 7.7% below the typical California city tracked here.
Homes in Canyon Lake are more expensive than Riverside County as a whole, where the median is $610,513 — a difference of about 15.8%.
Median household income here is $126,926, so the typical home value is about 5.6× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Canyon Lake police reported 45 violent crimes per 100,000 residents, covering a population of about 11,100. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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