The median sale price of a home sold in April 2021 in Lake Elsinore rose by $77,000 while total sales increased by 145.2%, according to BlockShopper.com.
In April 2021, there were 76 homes sold, with a median sale price of $480,000 – a 19.1% increase over the $403,000 median sale price for the same period of the previous year. There were 31 homes sold in Lake Elsinore in April 2020.
The median sales tax in Lake Elsinore for the most recent year with available data, 2019, was $3,981, approximately 0.8% of the median home sale price for April 2021.
The following table compares Lake Elsinore to other Riverside County cities with similar median sale prices in April 2021:
| City | Apr. 2021 Home Sales | Apr. 2020 Home Sales | % change (Total Home Sales) | Apr. 2021 Median Sales Price | Apr. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Canyon Lake | 22 | 6 | 266.7% | $537,500 | $447,500 | 20.1% |
| Wildomar | 60 | 8 | 650% | $520,500 | $422,500 | 23.2% |
| Winchester | 53 | 18 | 194.4% | $520,000 | $430,000 | 20.9% |
| Riverside | 299 | 77 | 288.3% | $500,000 | $425,000 | 17.6% |
| Calimesa | 12 | 3 | 300% | $492,000 | $460,000 | 7% |
| Lake Elsinore | 76 | 31 | 145.2% | $480,000 | $403,000 | 19.1% |
| Bermuda Dunes | 19 | 3 | 533.3% | $471,500 | $459,000 | 2.7% |
| Nuevo | 5 | 1 | 400% | $460,000 | $318,000 | 44.7% |
| Menifee | 161 | 50 | 222% | $450,000 | $360,000 | 25% |
| Homeland | 1 | 1 | 0% | $450,000 | $585,000 | -23.1% |
| Thousand Palms | 2 | 0 | – | $432,500 | $0 | – |
