October's First-Time Homebuyer Report for Canyon Lake

Canyon Lake is a small city in California with a median income of $71,629 per household. Besides being affluent, its population is younger than others with a median age of 44 years. The Canyon Lake market almost exclusively consists of detached houses, accounting for 95% of the current homes in the area. Topping the list of best schools in the city is Quail Valley Elementary School.

Price Range

The housing prices of Canyon Lake are close to the state average with a median home value of $242,500 and a current average list price of $494,078.

Curious as to which homes have been getting the most attention in Canyon Lake? These listings have stirred up interest and produced the most views:

$639K   $228K   $2M  

Typical Dwelling

A three-bedroom detached home valued around $412,024 is considered a typical dwelling in Canyon Lake. If a buyer was looking for a similar home, they would need good credit and a $82,405 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,064 and the property tax rate is $9.19 per $1,000 of taxable assessed value.

Get started right now by checking out Canyon Lake homes for sale or reviewing Canyon Lake real estate trends.


Data reported through 10/13/2016

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ERA Donahoe Realty
6 reviews
12 snaps
Snapped 3 homes in this area
Brenson Realty
Snapped 2 homes in this area

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