Lake Arrowhead Housing Market Report – May 2026
Here's a look at how the Lake Arrowhead, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 49
- Median Sale Price: $585,000
- Average Sale Price: $854,194
- Average Price Per Sq Ft: $478
- Average Days on Market: 116
- Sale-to-List Price Ratio: 95.1%
Month-Over-Month Trends
Compared to April, the median sale price in Lake Arrowhead moved 5.6% down (from $620,000 to $585,000). The number of homes sold was 14.0% down compared to the prior month (57 vs. 49). Average days on market shifted 0.9% up (115 days to 116 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 7.3% up (from $545,000 to $585,000). Sales volume is 48.5% up year-over-year.
What This Means
Lake Arrowhead's housing market is showing mixed signals as we head into summer. While year-over-year median prices are up a healthy 7.3 percent, this month saw a slight pullback with prices dropping 5.6 percent from April. That said, homes are still selling close to asking price at 95.1 percent, suggesting underlying demand remains solid despite the monthly dip. The real concern is that inventory is piling up—714 active listings is substantial for this mountain community, and those listings are sitting longer, averaging 140 days on market compared to just 116 for homes that actually sold.
The uptick in days on market, while modest month-over-month, suggests the spring surge may be cooling. Buyers appear more selective now, and sellers are adjusting accordingly, which explains the slight price decline. With summer typically bringing stronger activity to mountain communities, the current slowdown could simply reflect seasonal timing rather than market weakness. However, the glut of inventory means sellers shouldn't expect multiple offers—this is increasingly a buyer's market where pricing competitively matters.
Lake Arrowhead Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92352 | 46 | $572,500 | $491 | 98 |
| 92317 | 1 | $585,000 | $345 | N/A |
| 92321 | 1 | $1,265,000 | $320 | 707 |
| 92391 | 1 | $1,000,000 | $234 | N/A |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 43 | $625,000 | $486 |
| CONDOS | 3 | $390,000 | $363 |
| LAND | 2 | $76,250 | N/A |
| OTHER | 1 | $500,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 5 |
| $200K - $299K | 3 |
| $300K - $399K | 5 |
| $400K - $499K | 4 |
| $500K - $749K | 14 |
| $750K+ | 17 |
Current Active Listings
As of this report, there are 714 active listings in Lake Arrowhead with a median asking price of $644,500 and an average of 140 days on market.
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