71 homes in near Alberhill Elementary
Lake Elsinore, CA

About Lake Elsinore: Alberhill 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 within about 2 miles of Alberhill Elementary in Lake Elsinore (Topfind School Score: 6/10). The area around the school has 71 active listings.
Topfind Market Read
The picture is mixed here. Supply sits at 3.7 months, roughly in step with demand, yet 42% of sellers have trimmed their asking price, and sale prices have eased 5% over the last six months and are 2% below a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$630K
↓ 2% 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
3.7 months of supply
Balanced Supply71 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 ~43 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 10% faster than 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 56% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Alberhill 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 increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $114K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$207K)
Price Reductions
30 listings have reduced their price
42% of active listings
Average reduction: 4.5% (~$28K)
Browse homes for sale in cities near Lake Elsinore
There are currently 71 homes for sale in Alberhill Elementary Area, ranging from $249,900 to $915,990. 3 of them hit the market within the last week.
The median list price in Alberhill Elementary Area is $630,000. Price per square foot averages $318. Prices are down 2.0% compared to a year ago.
Homes in Alberhill Elementary Area currently average 43 days on the market, a steady pace.