16 homes in zoned to Rice Canyon Elementary
Homes Zoned to Rice Canyon Elementary
Lake Elsinore, CA
About Homes Zoned to Rice Canyon Elementary
About Lake Elsinore: Rice Canyon 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 Rice Canyon 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 16 active listings.
Rice Canyon Elementary Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.7 months of supply, yet 38% of sellers have trimmed their asking price, and sale prices have eased 2% over the last six months, though they remain 8% above 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
↑ 8% 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
2.7 months of supply
Tight Supply16 active listings against the current sales pace works out to about 2.7 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~42 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. That said, the pace has eased 18% versus six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Rice Canyon 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 $25K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$49K)
Price Reductions
6 listings have reduced their price
38% of active listings
Average reduction: 2.7% (~$17K)
Rice Canyon Elementary Attendance Zone Market Overview
Rice Canyon Elementary is an elementary school in the Lake Elsinore Unified district. Its Topfind School Score is 7. Buyers in the Rice Canyon Elementary attendance zone are looking at a median list price of $630,000. That is about 1.8% above the Lake Elsinore median. Since February, the median price has moved up about 12.8% to $665,000 as of July. The Rice Canyon Elementary attendance zone has 16 active listings on the market right now. This page is limited to homes zoned to Rice Canyon Elementary, based on its mapped attendance boundary.
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Nearby Schools
Frequently Asked Questions about Homes near Rice Canyon Elementary
How many homes are for sale in Rice Canyon Elementary Area, CA?
There are currently 16 homes for sale in Rice Canyon Elementary Area, ranging from $543,600 to $739,900.
What is the median home price in Rice Canyon Elementary Area?
The median list price in Rice Canyon Elementary Area is $630,000. Price per square foot averages $334. Prices are up 8.0% compared to a year ago.
How fast do homes sell in Rice Canyon Elementary Area?
Homes in Rice Canyon Elementary Area currently average 42 days on the market, a steady pace.