1 day on Rocket
$8,431 Closing Credit¹
#PW25054261, Dave Cochems, Listing Office: C & M Real Estate Services
Lake Elsinore Hills Housing Market Report February 2025•Riverside County, California
Housing Prices in Lake Elsinore Hills, CA
How much do homes in Lake Elsinore Hills, CA cost?
Housing Market Conditions
Is Lake Elsinore Hills, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lake Elsinore Hills is a Seller's Market
Difference Since February 2024
At the same time last year, Lake Elsinore Hills was a Neutral Market.
Insight
Lake Elsinore Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$625,000$262/SqFt
+$29,000
+4.9%
Based on all homes sold in the last 12 months
Insight
Homes in Lake Elsinore Hills have sold for 4.9% more than they did a year ago.
Summary: The median home sold price in Lake Elsinore Hills was $625,000 in February 2025, up 4.9% from last year, and the median price per square foot was $262.
Median Sold Price By Neighborhoods
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Riverview | $421K | $500K | +18.8% |
| Lake Elsinore Hills | $596K | $625K | +4.9% |
| East Lake District | $570K | $585K | +2.6% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $420K | $435K | +3.6% |
| 33 Bedrooms | $544.2K | $565K | +3.8% |
| 44 Bedrooms | $597.9K | $625K | +4.5% |
| 55+ Bedrooms | $660K | $699K | +5.9% |
Summary: Lake Elsinore Hills housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.6%. The home price for 3 bedroom homes increased by +3.8%. The home price for 4 bedroom homes increased by +4.5%. The home price for 5 bedroom homes increased by +5.9%.
How does Lake Elsinore Hills, CA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lake Elsinore Hills, CA
Housing supply in Lake Elsinore Hills, CA
How many homes are available in Lake Elsinore Hills, CA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 121Last MonthFeb 2025 | ||
| 1072 months agoJan 2025 | +13.1 % Change MoMJan – Feb |
Summary: The Lake Elsinore Hills real estate market had 121 homes for sale in Feb 2025, a 13.1 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthFeb 2025 | ||
| 132 months agoJan 2025 | +69.2 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 0 | -100.0% |
| 33 Bedrooms | 38 | 47 | +23.7% |
| 44 Bedrooms | 45 | 55 | +22.2% |
| 55+ Bedrooms | 23 | 19 | -17.4% |
Summary: Lake Elsinore Hills housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes increased by +23.7%. The inventory for 4 bedroom homes increased by +22.2%. The inventory for 5 bedroom homes decreased by -17.4%.
Asking Price vs. Sold Price
How much do homes in Lake Elsinore Hills, CA cost?
Over Asking Price6 Homes
At Asking Price7 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in Lake Elsinore Hills, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Lake Elsinore Hills in February 2025, up by 69.2% month-over-month. Of the 22 sold homes, 41% were sold under asking, 32% were sold at asking, and and 27% were sold over asking.
Days on Market for Lake Elsinore Hills, CA
How long does it take to sell a home in Lake Elsinore Hills, CA?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days8 Homes
Over 90 Days7 Homes
Insight
Avg time on Rocket Homes in Lake Elsinore Hills has remained consistent over time.
Summary: During February 2025, 22 homes were sold in Lake Elsinore Hills; 32% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 67 DaysThis YearFeb 2025 | ||
| 79 Days1 year agoFeb 2024 | -14.4 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Lake Elsinore Hills had an average listing age of 67 days in Feb 2025, down by 14.4% compared to the previous year.
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Newest Listings in Lake Elsinore Hills, CA
What homes are available in Lake Elsinore Hills, CA?
2 days on Rocket
$6,709 Closing Credit¹
#DW25051698, Herlinda Valdovinos, Listing Office: Anvil Real Estate
2 days on Rocket
$7,897 Closing Credit¹
#GD25054392, Emilia Ghukasyan, Listing Office: Project Realty Group
3 days on Rocket
$7,066 Closing Credit¹
#SW25054153, Douglas Wilson, Listing Office: Realty ONE Group Southwest
4 days on Rocket
$8,075 Closing Credit¹
#SW25050646, Tiffany Williams, Listing Office: Williams Realty Group, Inc.
5 days on Rocket
$7,481 Closing Credit¹
#OC25043355, Denise Dyer, Listing Office: Integrity Realty Group inc
5 days on Rocket
$5,676 Closing Credit¹
#AR25048246, Gloria Chuang, Listing Office: Tendwell Realty & Invest.
7 days on Rocket
$8,313 Closing Credit¹
#DW25050787, Oscar Caballero, Listing Office: RISE Real Estate Group
$9,618 Closing Credit¹
#SW25043650, Val Ives, Listing Office: LPT Realty, Inc
$6,519 Closing Credit¹
#TR25049417, Kimberly Avila, Listing Office: Realty Masters & Associates
$8,133 Closing Credit¹
#SW25043850, Tiffany Williams, Listing Office: Williams Realty Group, Inc.
$8,074 Closing Credit¹
#DW25046932, Anthony Luevanos, Listing Office: eXp Realty of California Inc.
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 03/01/2023 - 03/01/2025
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.