10 homes in Lake Mathews

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 10 homes for sale at a median price of $1,500,000, typically selling in about 67 days.
Median Home Price
$1.70M
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs. Sales 93% faster than 6 months ago.
Inventory Distribution
Homes are taking longer to sell—a larger share of listings remain on the market beyond 30 days, giving buyers more leverage.
Housing Tenure in Lake Mathews
Homeownership is significantly higher than average—this is a homeowner-dominated market with more long-term residents.
77%
Homeowners
23%
Renters
Homeownership is 21.5% higher than the California average (55.5%)
1,694 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $55K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$280K)
Price Reductions
7 listings have reduced their price
70% of active listings
Average reduction: 9.8% (~$147K)
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