9 homes in Lake Mathews
Homes for Sale in Lake Mathews, CA
About Lake Mathews, CA Real Estate
Lake Mathews is a census-designated place in Riverside County, California. Lake Mathews sits at an elevation of 1,775 feet (541 m). The 2020 United States census reported Lake Mathews's population was 5,972.
Lake Mathews is a community in California offering diverse housing options and local amenities. The city provides residents with access to quality schools, parks, shopping, and dining, making it an attractive option for homebuyers seeking comfortable living in California's mountain communities.
Today, Lake Mathews has 9 homes for sale at a median price of $1,500,000, typically selling in about 71 days.
Why Live in Lake Mathews?
- Local schools and educational opportunities
- Parks and recreational facilities
- Shopping and dining options
- Access to major freeways and transportation
Lake Mathews Market Pulse
Topfind Market Read
Buyers hold the edge right now. The typical home takes about 71 days to sell, and 78% of current listings have been up for more than 30 days. At the same time, sales volume is up 33% versus six months ago, which keeps well-priced homes moving. Buyers are firmly in control and can negotiate hard, while sellers need sharp pricing to draw attention.
Median Home Price
$1.50M
Chart shows the median closed sale price by month
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Lake Mathews
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
77%
Homeowners
23%
Renters
Homeownership is 21.5 points higher than the California average (55.5%)
1,694 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $55K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$415K)
Price Reductions
6 listings have reduced their price
67% of active listings
Average reduction: 10.4% (~$156K)
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