39 homes sold in Lake Mathews in the last year, at a typical $959K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Mathews homes are listed.
Every place Lake Mathews homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lake Mathews.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Lake Mathews’ sales, at a typical $959K
39 homes sold in the year to May 2026.
typical sale · 39 sold in 12 months
- Per square foot
- $366CA $494
- Days to sell
- 80
- Sold over asking
- 18%
- Listings with a price cut
- 23%
Fewer homes sell than before 2022, at 1.8 times the 2016 price
39 sales in the last year, against 97 in 2021 and a low of 34 in 2025. The typical sale went from $520K in 2016 to $959K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $950K buys in Lake Mathews
Check a listing against what Lake Mathews homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lake Mathews are back to pre-pandemic levels, but 44% fewer homes come up for sale
We read every month of Lake Mathews’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 39 sales.
If you’re buying in Lake Mathews
- Shop in April. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- Some room to negotiate. 23% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 98.4% of the list price on average; 18% paid over.
- You’ll usually have time. Only 15% of homes go under contract within two weeks; the typical one takes 80 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 9 a month), but March is the most competitive: 45% of March sales close over asking. April offers nearly as much choice with fewer homes bid up (25%). December has the least competition (13%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than California
| Lake Mathews now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 18% | 19% | 46% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 15% | 19% | 40% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | 21% | 19% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 98.4% | 98% | 100.7% | 99.7% |
| Days to sellMedian days from listing to contract | 80 | 76 | 42 | 44 |
16 homes for sale on a typical day
That’s 1.4 times the 2023 low (11), 44% fewer than in 2017–19 and well under 2018’s 30.
1 in 4 listings has cut its price
23% in the last year, against 21% in 2017–19 and 24% across California.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lake Mathews home costs about $5,490 a month
Price: Lake Mathews’ typical sale, last 12 months. Property tax at Lake Mathews’ 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Mathews is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $959K home, about $5,840 a year.
Taxes vs. neighborsSchools
The schools grade for Lake Mathews, from test results, graduation and how much students grow.
Schools in Lake MathewsTypical commute
The average one-way trip to work for people who live in Lake Mathews.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Mead Valley, Temescal Valley and Perris sell for less a square foot
The busier markets within 25 miles of Lake Mathews, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Riverside | 1,927 | $641K | $388 | 43% | 48 |
| Perris | 517 | $567K | $274 | 49% | 51 |
| Temescal Valley | 376 | $730K | $354 | 27% | 68 |
| Woodcrest | 147 | $995K | $364 | 28% | 63 |
| Home Gardens | 52 | $615K | $414 | 38% | 66 |
| Mead Valley | 47 | $674K | $330 | 49% | 87 |
| Lake Mathews | 39 | $959K | $366 | 18% | 80 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lake Mathews, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Mathews. People who follow the town see it, and so do people comparing Lake Mathews with their own town. No commission, no listing fee.
Questions about buying a home in Lake Mathews
What do homes sell for in Lake Mathews, CA?
39 homes sold in the year to May 2026 at a typical $959K, $366 a square foot.
Is Lake Mathews a buyer’s or seller’s market?
A seller’s market: 13 homes were for sale in May 2026 and 4 sold, about 3.3 months of supply. Buyers paid 98.4% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Lake Mathews?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lake Mathews?
About 0.6% of a home’s value a year. On a $959K home that’s near $5,840.
Where can I see homes for sale in Lake Mathews?
Zillow, Redfin, Realtor.com and Homes.com all carry Lake Mathews’ MLS listings; the search links above open each one filtered to Lake Mathews.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).