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The median home value in Lake Elsinore, CA is $589,630 as of 2026-07-31, down 0.5% from a year earlier.
Median Home Value
$589,630
Year-over-Year
-0.5%
Population
73,871
Lake Elsinore ranks #272 of 396 California cities tracked here by median home value, and sits 23.0% 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 Lake Elsinore is $101,888, so the typical home value is about 5.8× 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).
Lake Elsinore police recorded a violent crime rate of 173 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,853 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 Lake Elsinore, that value is $589,630. That's down 0.5% from a year earlier. It is about 23.0% below the typical California city tracked here.
Homes in Lake Elsinore are cheaper than Riverside County as a whole, where the median is $610,513 — a difference of about 3.4%.
Median household income here is $101,888, so the typical home value is about 5.8× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Lake Elsinore police reported 173 violent crimes per 100,000 residents, covering a population of about 73,871. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.