Housing in Canyon Lake, CA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$765,000
Median List Price
$849,999
Price Per Sq Ft
$308
Days on Market
144
Active Inventory
64
Months of Supply
9.1
Buyer's market
Zillow Home Value
$684,953
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
42.9%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
97.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
7
New Listings
23
Pending Sales
14
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$308
Median List $/SF
$381
Canyon Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Canyon Lake is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$647,300
Median Rent
$2,524
Total Housing Units
4,434
Vacancy Rate
7.8%
Owner Occupied
79.0%
Renter Occupied
21.0%
Median Property Tax
$5,384
per year
Monthly Cost (w/ Mortgage)
$2,399
Housing Types
The current median sale price in Canyon Lake, CA is $765,000 according to Redfin data. Homes spend a median of 144 days on the market. 42.9% of homes sold above asking price. The market has 9.1 months of supply. The median price per square foot is $308. The median rent is $2,524 per month (Census ACS). About 79.0% of housing units are owner-occupied. The median year homes were built is 1985. There are 4,434 total housing units.