The story of this market
The typical home in ZIP 92532 sells for about $650,000, or $263 per square foot.
Prices are up +7.4% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,812 a month.
ZIP 92532 — Lake Elsinore
The 92532 housing market remains somewhat competitive, with a median price of $650,000 reflecting a 7.4% year-over-year increase. Demand is supported by families seeking newer construction, though higher interest rates have moderated the pace of sales compared to previous years.
This ZIP is ideal for family buyers and commuters seeking newer, larger homes in master-planned communities with resort-style amenities, while offering a suburban lifestyle away from the dense urban core.
Median prices moved up 7.4% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
25% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 92532, Riverside County, CA
Crime rates in Lake Elsinore are generally consistent with regional averages for Riverside County, with property crime being the most frequently reported category.
Schools serving the 92532 area are part of the Lake Elsinore Unified School District, which maintains a mix of ratings across its elementary, middle, and high school campuses.
The area is subject to standard Southern California wildfire risk protocols and requires mandatory fire insurance coverage for many residential properties.
The region is experiencing steady residential expansion with new master-planned communities and infrastructure improvements supporting the growing population.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
Residents primarily commute via I-15 toward employment hubs in Corona, Riverside, and the broader Inland Empire.
The area features proximity to Lake Elsinore for water sports, numerous community parks, and access to regional hiking trails in the surrounding hills.
The rental market is characterized by high demand for single-family homes, with limited vacancy pressure and steady rent growth driven by the area's family-oriented appeal.
The local economy is driven by retail, construction, and services, with many residents commuting to larger employment centers in the Inland Empire.
The area is served by the I-15 corridor, providing the primary transit link for regional commuting.
Development is focused on residential infill and the expansion of master-planned communities in the southern portion of the city.
The Riverside County Assessor manages property valuations, utilizing a standard ad valorem tax system with annual adjustments.
Parcels in this ZIP are frequently subject to Mello-Roos special tax districts to fund local infrastructure and school facilities.
Property insurance premiums are rising due to regional wildfire risk, necessitating comprehensive coverage for homeowners.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Tom's Farms4.515 mi
- John's Incredible Pizza - Riverside3.819.2 mi
- Round1 Bowling & Arcade - Moreno Valley4.119.1 mi
- Round1 Bowling & Arcade - Temecula4.111.4 mi
- Mulligan Family Fun Center- Murrieta4.28 mi
- Wilson Creek Winery4.614.8 mi
- Europa Village Wineries & Resort4.614 mi
- K1 Circuit - Outdoor Go Kart Track and Event Venue4.410.1 mi
- Eagle Glen Golf Club4.318.6 mi
- Diamond Stadium of Lake Elsinore4.62.5 mi
- Southern California Railway Museum4.67 mi
- K1 Circuit - Outdoor Go Kart Track and Event Venue4.410.1 mi
- Reading Cinemas at Cal Oaks Plaza with TITAN LUXE4.67.7 mi
- Regal Edwards Temecula4.411.4 mi
- Skull Canyon Ziplines4.810.8 mi
- Southern California Railway Museum4.67 mi
- Tom's Farms4.515 mi
- March Field Air Museum4.815.3 mi
- Lorimar Vineyards and Winery4.414.5 mi
- Western Science Center4.515.8 mi
- Los Alamos Hills Sports Park4.77.7 mi
- Sommers Bend Sports Park4.812.4 mi
- Canyon Hills Community Park4.60.9 mi
- Rosetta Canyon Sports Park4.74.4 mi
- Tenaja Falls4.610.8 mi
- Diamond Valley Lake Marina4.315.1 mi
- Lake Skinner Marina4.513.6 mi
- Cross Creek Golf Club4.411.8 mi
- Menifee Lakes Country Club4.36.1 mi
- The Golf Club at Rancho California3.99.7 mi
- Bear Creek Golf Club4.75.6 mi
- Canyon Lake Golf & Country Club4.40.7 mi
- Promenade Temecula4.511.4 mi
- WinCo Foods4.611.1 mi
- Outlets at Lake Elsinore3.85.6 mi
- WinCo Foods4.56.9 mi
- 88 Ranch Marketplace Temecula4.212.6 mi
- SBD International Airport4.630.2 mi
- Chino Airport4.730.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Major regional attraction for boating, fishing, and water sports.
Large community park with sports fields and playgrounds serving the local neighborhood.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.