Homes Under $500K in Lake Elsinore, CA

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12 of 156 Listings

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Thomas O'Leary

Realty.com

Lic. #01840925

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40Active
$480,000
3 bd · 2 ba · 1,387 sqft
29421 Hazel, Lake Elsinore, CA
Josephine Sharma · LEGACY HOMES REALTY
10Active
$380,000
3 bd · 2 ba · 1,344 sqft
32901 Crescent, Lake Elsinore, CA
Thomas Montes · Divina Realty
Open house Sat, Oct 24 · 11:00 AM34Active
$450,000
4 bd · 2 ba · 1,456 sqft
17624 Brightman, Lake Elsinore, CA
Hector Gutierrez · Keller Williams, The Lakes

Listing data & MLS disclosures

The MLS (CLAW): The multiple listings information is provided by The MLS/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 The MLS/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
San Diego MLS: This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS.

About Homes Under $500K in Lake Elsinore, CA

Homes Under $500K in Lake Elsinore, CA: 156 active listings as of October 24, 2026, 08:25 UTC.

Property types among these 156 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Single Family Residence	64	41.0%
Condominium	47	30.1%
Manufactured Home	20	12.8%
Manufactured On Land	11	7.1%
Townhouse	7	4.5%

Lake Elsinore housing market

September 2026

Selling at 100.0% of asking price

Sales here are closing essentially at asking. MLS · 72 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 30, 2026

Median sale price: $585,000$472,500–$655,500 typical range
Price per sq. ft.: $281
Sales: 103
Paid in cash: 17.5%

Homes on the market · MLS, as of Sep 27, 2026

Median list price: $615,000
Homes for sale: 235

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: -2.5%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 1,948 sq. ft.

Lake Elsinore, CA community profile

Population: 73,646
Median income: $83,921
Housing units: 22,113
People per sq. mi.: 581.7
Area: 126.6 sq. mi.

Source: HJN community data

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Listing data & MLS disclosures

About Homes Under $500K in Lake Elsinore, CA

Lake Elsinore housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Lake Elsinore, CA community profile

Explore Lake Elsinore homes

Listing data & MLS disclosures

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Lake Elsinore, CA community profile

Lake Elsinore housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026