In July 2020, there were 64 homes sold, with a median sale price of $410,000 - a 6.4% increase over the $385,500 median sale price for the same period of the previous year. There were 80 homes sold in Lake Elsinore in July 2019.
The median sales tax in Lake Elsinore for the most recent year with available data, 2016, was $3,573, approximately 0.9% of the median home sale price for July 2020.
The following table compares Lake Elsinore to other Riverside County cities with similar median sales prices in July 2020:
| City | July 2020 Home Sales | July 2019 Home Sales | % change (Total Home Sales) | July 2020 Median Sales Price | July 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Winchester | 40 | 51 | -21.6% | $442,500 | $420,000 | 5.4% |
| Aguanga | 5 | 9 | -44.4% | $439,000 | $340,000 | 29.1% |
| Homeland | 2 | 0 | - | $425,000 | $0 | - |
| Rubidoux | 12 | 18 | -33.3% | $420,000 | $431,000 | -2.6% |
| Bermuda Dunes | 8 | 17 | -52.9% | $418,750 | $395,000 | 6% |
| Lake Elsinore | 64 | 80 | -20% | $410,000 | $385,500 | 6.4% |
| Menifee | 122 | 183 | -33.3% | $370,000 | $349,000 | 6% |
| Moreno Valley | 94 | 208 | -54.8% | $370,000 | $335,000 | 10.4% |
| Cathedral City | 35 | 72 | -51.4% | $366,000 | $326,000 | 12.3% |
| Palm Desert | 135 | 205 | -34.1% | $362,000 | $359,000 | 0.8% |
| Beaumont | 39 | 75 | -48% | $359,000 | $350,000 | 2.6% |
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