45 homes in zoned to Herk Bouris Elementary
Lake Elsinore, CA

About Lake Elsinore: Herk Bouris Elementary is located in Lake Elsinore. 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.
These are homes for sale inside the attendance boundary for Herk Bouris Elementary in Lake Elsinore (Topfind School Score: 7/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 156 active listings.
Topfind Market Read
Buyers hold the edge right now. 12.0 months of supply is more than current demand absorbs, and 52% of sellers have trimmed their asking price. At the same time, sale prices are up 10% over the last six months and 5% over the past year, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$725K
↑ 5% 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
12.0 months of supply
Ample Supply156 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~56 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 slowdown has deepened 8% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 47% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Herk Bouris Elementary Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
72%
Homeowners
28%
Renters
Homeownership is 16.5 points higher than the California average (55.5%)
20,416 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $58K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$341K)
Price Reductions
81 listings have reduced their price
52% of active listings
Average reduction: 5.6% (~$41K)
As an elementary school, Herk Bouris Elementary operates within the Menifee Union district. It earns a Topfind School Score of 7. The homes on this page fall inside the school's attendance zone, so students at these addresses are assigned to Herk Bouris Elementary. The median list price in the Herk Bouris Elementary attendance zone is $725,000. Compared with Lake Elsinore overall, that is a 16.9% premium. Current inventory stands at 156 active listings. February to July saw the median price go from $600,000 to $640,000, up about 6.7%.
Browse homes for sale in cities near Lake Elsinore
There are currently 156 homes for sale in Herk Bouris Elementary Area, ranging from $399,900 to $2,395,000. 16 of them hit the market within the last week.
The median list price in Herk Bouris Elementary Area is $725,000. Price per square foot averages $348. Prices are up 5.0% compared to a year ago.
Homes in Herk Bouris Elementary Area currently average 56 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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