36 homes in zoned to Lakeland Village
Lake Elsinore, CA

About Lake Elsinore: Lakeland Village 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 Lakeland Village in Lake Elsinore (Topfind School Score: 2/10). Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 36 active listings.
Topfind Market Read
The picture is mixed here. Selling times have improved 46% versus six months ago, yet sale prices have eased 8% over the last six months and are 15% below a year ago, and 39% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$500K
↓ 15% 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
4.5 months of supply
Balanced Supply36 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 ~52 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 46% 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 47% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Lakeland Village 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 $426K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$976K)
Price Reductions
14 listings have reduced their price
39% of active listings
Average reduction: 5.7% (~$28K)
As an elementary school, Lakeland Village operates within the Lake Elsinore Unified district. The school carries a Topfind School Score of 2. Listings shown here sit within the mapped attendance boundary, meaning homes here are assigned to Lakeland Village. The median list price in the Lakeland Village attendance zone is $499,900. That runs roughly 19.4% lower than Lake Elsinore as a whole. Current inventory stands at 36 active listings. February to July saw the median price go from $498,000 to $527,500, up about 5.9%.
Browse homes for sale in cities near Lake Elsinore
There are currently 36 homes for sale in Lakeland Village Area, ranging from $312,000 to $4,195,000. 2 of them hit the market within the last week.
The median list price in Lakeland Village Area is $499,900. Price per square foot averages $442. Prices are down 15.0% compared to a year ago.
Homes in Lakeland Village Area currently average 52 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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