Lake Forest, CA Housing Market
Median List Price
$1,250,000
Updated August 2026
Today, Lake Forest has 211 homes for sale at a median list price of $1,250,000, typically selling in about 51 days.
Lake Forest Market Analysis
Homes in Lake Forest, CA carry a median list price of $1.3M. Median pricing works out to $650 per square foot. The median price has been flat over the last six months, $1.2M in February and $1.2M in July.
The typical listing reaches pending status in about 12 days. Homes move quickly at that pace, which favors sellers and rewards buyers who come prepared. Right now 211 homes are on the market in Lake Forest, CA. 62 new listings came on the market in the last 30 days.
Five bedroom homes carry the highest medians at $2.4M, with one bedroom homes starting the range at $422,450. Single family homes make up about 56.4% of current inventory, with condos accounting for another 37.4%. Addresses here fall across the 92630, 92610, and 92679 ZIP codes.
Lake Forest Rental Market
Rentals in Lake Forest, CA carry a median asking rent of $5,375. The median rent moved from $4,400 in February to $4,500 in July, a 2.3% increase over six months. Right now 48 rentals are on the market in Lake Forest, CA.
Lake Forest Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 10% over the last six months and 11% over the past year, yet 52% of sellers have trimmed their asking price, and 59% of current listings have been up for more than 30 days, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.25M
↑ 11% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.1 months of supply
Balanced Supply211 active listings currently on the market.
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 ~51 days.
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 54% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 41% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Lake Forest
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
71%
Homeowners
29%
Renters
Homeownership is 15.5 points higher than the California average (55.5%)
30,246 households (2023)
Affordability Snapshot
Typical home cost
$8,363/mo
Actual housing expense
Affordable budget (28%)
$3,065/mo
Based on median income
Median household income
$10,948/mo
Lake Forest
A typical home costs about 76% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$358K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $468K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$643K)
Price Reductions
110 listings have reduced their price
52% of active listings
Average reduction: 5.7% (~$71K)
Browse Lake Forest Listings
Frequently Asked Questions about the Lake Forest, CA Housing Market
What is the median home price in Lake Forest, CA?
The median list price in Lake Forest is $1,250,000 as of August 2026, based on 211 active listings.
Is Lake Forest a buyer's market or a seller's market?
Lake Forest currently reads as a balanced market. Active inventory works out to about 4.1 months of supply at the recent sales pace.
How fast do homes sell in Lake Forest?
Homes that closed in the last 90 days typically went under contract in about 12 days. The average home currently for sale has been on the market for 51 days.
Are home prices in Lake Forest going up or down?
The median sale price in Lake Forest is up about 11.2% compared with a year ago.
How many homes are for sale in Lake Forest, CA?
There are 211 homes for sale in Lake Forest right now, including 13 listed within the last week.
What is the median rent in Lake Forest?
The median asking rent in Lake Forest is $5,375 per month, across 48 active rental listings.