$3,200
- 3 bd
- 2 ba
- 1,440 sqft
23597 Brook Dr
Canyon Lake, CA Housing Market
$703,487
2.2% 1-yrThe average Canyon Lake, CA home value is $703,487, up 2.2% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Canyon Lake Key Takeaways
Typical Home Values: $703,487
1-Year Value Change: +2.2%
(Data through September 30, 2026)
Canyon Lake Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 119 ()
New Listings: 20 ()
Median Sale to List Ratio: --
Median Sale Price: --
Median List Price: $857,150 ()
Percent of Sales Over List Price: --
Percent of Sales Under List Price: --
Median Days to Pending: --
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Canyon Lake
- NameMedian ZHVI
- Quail Valley$402,304
- Sun City$427,315
- Romoland$590,637
- Horsethief Canyon Ranch$666,136
- Sycamore Creek$797,326
- Lake Mathews$1,032,873
- Lasselle$579,696
- Rainbow Ridge$546,053
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Canyon Lake Rental Market Trends
Average Rent: $3,767 ()
National Average Rent: $1,932 ()
Month-Over-Month Change: 2% ()
Year-Over-Year Change: --
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Canyon Lake, CA?
The median home value in Canyon Lake, CA is $703,487 as of September 2026. This represents a 0.2% increase compared to last month and a 2.2% increase year-over-year.
How have home values changed in Canyon Lake, CA?
Home values in Canyon Lake, CA have increased by 0.2% month-over-month and 2.2% year-over-year.
How do home values in Canyon Lake, CA compare to Riverside County, California, and the national average?
The median home value in Canyon Lake, CA ($703,487) compares to: Riverside County ($602,790), California ($761,538), and the U.S. national median ($366,157).
