Lake Elsinore, CA 92531 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Lake Elsinore, CA — 92531
Median Listing Price
--
Population
--
Households
775,335
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
869K
units
Occupied
775,335
89.2%
Vacant
94,079
10.8%
2024 Tenure
775K
occupied
Owner
535,986
69.1%
Renter
239,349
30.9%
Renter Share
30.9%
-0.9% YoY
Total Housing Units
869,414
+1.1% YoY
FY2026 Fair Market Rent — Riverside County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,692
/month
1 BR
$1,777
/month
2 BR
$2,201
/month
3 BR
$2,912
/month
4 BR
$3,514
/month
FMR Trends — Riverside County
Source: HUD Fair Market Rents
County Demographics
Median Age
37.0
2024
Population
Riverside County Population
2,529,933
+1.1% YoY
Households
Total Households
775,335
+1.7% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
3.15
-0.6% YoY
Age
2024 Age Mix
2.5M
residents
Under 18
597,369
24.1%
Adults 18–64
1,498,343
60.5%
65 & Over
382,888
15.4%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
597,369
-0.2% YoY
Population 65 & Over
382,888
+3.2% YoY
Median Age
37.00
+0.8% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
90.6%
Moved (within US)
9.0%
Other
0.4%
Veterans
5.8%
-3.3% YoY
County Economy
Income
Median Household Income
$93K
+3.8% YoY
Per-Capita Income
$38K
+3.1% YoY
Mean Household Income
$119K
+2.8% YoY
Poverty
Below Poverty Level
10.6%
-4.5% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
73.3%
Public transit
0.7%
Worked from home
12.3%
Other
13.7%
Worked From Home
12.3%
+12.8% YoY
Mean Commute
33.80
0.0% YoY
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