Zip 92587 (Canyon Lake, CA) Housing

The housing market in 92587 Canyon Lake, CA is currently very strong with the median value of homes coming in at $608,300. This is nearly double the national median house value of $338,100. In the past year, the appreciation of house values has been 8.27% nationally and 9.15% in Canyon Lake specifically, indicating that this is an excellent time to buy property there. The housing market in Canyon Lake appears to be booming and investors should definitely take advantage of this great opportunity.

The median home cost in Canyon Lake (zip 92587) is $608,300. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Canyon Lake (zip 92587) is up 17.4%.

Average Age of Homes

- The median age of Canyon Lake (zip 92587) real estate is 32 years old

The Rental Market in Canyon Lake (zip 92587)

- Renters make up 16.4% of the Canyon Lake (zip 92587) population
- 0.3% of houses and apartments in Canyon Lake (zip 92587), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Canyon Lake, California	United States
	6,298.0	139,647,020.0
	37	42
	$608,300	$338,100
	17.4%	16.6%
	68.6%	57.0%
	193.0%	101.1%
	$8.38	$10.98
	$3,712	$2,690
	69.5%	57.4%
	6.5%	11.2%
	24.0%	31.4%
Vacant Housing
	0.3%	1.9%
	0.6%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	3.3%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.5%	2.4%
	0.3%	2.8%
	0.2%	3.9%
	0.3%	4.5%
	0.7%	11.3%
	3.5%	13.0%
	11.6%	20.1%
	22.8%	13.6%
	22.0%	8.3%
	28.0%	9.7%
	6.6%	3.9%
	1.8%	2.2%
	0.2%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.2%	13.6%
	16.2%	13.6%
	8.5%	13.6%
	38.1%	13.2%
	25.1%	14.8%
	8.5%	13.6%
	2.6%	10.0%
	1.1%	4.7%
	0.0%	12.2%

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