1 / 20
Price cut: $200,001 (7/15)
$449,999FOR SALE
3 beds · 2 baths · 1,344 sqft
Keller Williams Realty
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69 homes in 92532
Homes for Sale in 92532
Lake Elsinore, CA
18306 Oleander Street, Lake Elsinore, CA 92532
1 / 35
Price cut: $115,112 (3/12)
VIRTUAL TOUR
$859,888FOR SALE
5 beds · 5 baths · 4,021 sqft
Century 21 Affiliated
1 / 20
Price cut: $70,001 (6/16)
3D TOUR
$599,999FOR SALE
4 beds · 3 baths · 2,647 sqft
T.N.G. Real Estate Consultants
1 / 20
Price cut: $50,000 (7/29)
VIDEO TOUR
$949,999FOR SALE
5 beds · 4 baths · 3,721 sqft
Homequest Real Estate
1 / 20
VIRTUAL TOUR
$465,000FOR SALE
3 beds · 2 baths · 1,305 sqft
First Team Real Estate
1 / 20
Price cut: $75,001 (7/31)
$599,999FOR SALE
5 beds · 3 baths · 2,671 sqft
Platinum Real Estate & Inv.
1 / 73
NEW 2 DAYS AGO
3D TOUR
$660,000FOR SALE
4 beds · 4 baths · 2,774 sqft
Oscar Tortola Group Real Estate Services
1 / 20
Price cut: $11,000 (8/21)
$509,000FOR SALE
3 beds · 2 baths · 1,400 sqft
RE/MAX One
1 / 20
Price cut: $10,000 (8/12)
VIRTUAL TOUR
$669,950FOR SALE
5 beds · 3 baths · 2,921 sqft
Douglas Elliman of California, Inc.
1 / 20
Price cut: $75,100 (6/10)
$589,900FOR SALE
3 beds · 2 baths · 1,682 sqft
Elevate Real Estate Agency
1 / 20
Price cut: $25,001 (7/24)
VIRTUAL TOUR
$699,999FOR SALE
5 beds · 3 baths · 2,589 sqft
RE/MAX New Dimension
1 / 20
Price cut: $5,000 (8/10)
$544,999FOR SALE
3 beds · 2 baths · 1,551 sqft
American Homes Realty Group
1 / 36
Price cut: $30,750 (4/29)
VIRTUAL TOUR
$509,000FOR SALE
4 beds · 3 baths · 2,118 sqft
Villa Realty, Inc.
1 / 34
Price cut: $40,100 (8/11)
VIDEO TOUR
$699,900FOR SALE
4 beds · 3 baths · 3,315 sqft
Coldwell Banker Assoc.Brks-CL
1 / 3
Price cut: $654 (7/23)
VIRTUAL TOUR
$589,000FOR SALE
3 beds · 3 baths · 2,013 sqft
TRI Pointe Homes, Inc
1 / 56
NEW 7 HRS AGO
$629,000FOR SALE
4 beds · 3 baths · 2,620 sqft
LEGACY HOMES REALTY
About 92532 Real Estate
About Lake Elsinore: The 92532 ZIP code is in Lake Elsinore, CA. Lake Elsinore is a city in western Riverside County, California, United States. Established as a city in 1888, it is on the shore of Lake Elsinore, a natural freshwater lake about 3,000 acres (1,200 ha) in size. The city has grown from a small resort town in the late 19th and early 20th centuries to a suburban city with a population of 70,265 as of the 2020 census.
Today, the 92532 area has 69 homes for sale with a median listing price of $635K. The average price per square foot is $288.
92532 Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 30% versus six months ago, yet 54% of sellers have trimmed their asking price, and the typical home takes about 56 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$628K
↓ 1% over the past yearChart shows the median closed sale price by month
$714K$651.5K$590.8K$530.1K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
4.3 months of supply
Balanced Supply68 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
4.3
0369+
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~56 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 30% over the last six months.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 47% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 92532 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
HomeownersRenters
72%
Homeowners
28%
Renters
Homeownership is 16.5 points higher than the California average (55.5%)
Higher ownership rates often reflect more stable neighborhoods and longer-term residents.
20,416 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
2 Bed$405K
3 Bed$535K
4 Bed$680K
5 Bed$700K
6 Bed$613K
Each additional bedroom adds about $52K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$145K)
Price Reductions
37
37 listings have reduced their price
54% of active listings
Average reduction: 4.8% (~$30K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Lake Elsinore
Frequently Asked Questions about Homes for Sale in 92532, CA
How many homes are for sale in 92532, CA?
There are currently 69 homes for sale in 92532, ranging from $325,000 to $1,500,000. 9 of them hit the market within the last week.
What is the median home price in 92532?
The median list price in 92532 is $635,000. Price per square foot averages $288. Prices are down 1.1% compared to a year ago.
How fast do homes sell in 92532?
Homes in 92532 currently average 54 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Looking for a home in 92532?
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