Bankruptcy Homes in Canyon Lake, CA

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View this home at Ketch Dr Canyon Lake CA 92587
$565,376 EMV

3 Bed | 2.5 Bath | 1,860 Sq. Ft.

View this home at Sierra Trl Canyon Lake CA 92587
$483,549 EMV

3 Bed | 2.5 Bath | 1,521 Sq. Ft.

View this home at White Wake Dr Canyon Lake CA 92587
$684,772 EMV

3 Bed | 2.5 Bath | 2,650 Sq. Ft.

View this home at Railroad Canyon Rd Canyon Lake CA 92587
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Foreclosure Homes in Canyon Lake, CA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Canyon Lake, CA area at Get information on foreclosure homes for rent, how to buy foreclosures in Canyon Lake, CA and much more. Save thousands at closing with home foreclosure listings in Canyon Lake, CA — up to 75% off market value!

Top Reasons To Live In Canyon Lake, CA In 2023

Canyon Lake is located in Riverside, California, with an estimated municipal population of 11,280 residents. All of the best foreclosed homes for sale in Canyon Lake are located in the following zip code areas on 92587. The estimated population per square kilometer (.62 miles) in Canyon Lake is 1,113.

Cost Of Living In Canyon Lake, CA

So, about how much do homes cost in Canyon Lake? The most recent median value of resident-owned homes in Canyon Lake is 439,877. An estimated 78.5 percent of households in Canyon Lake own their homes, with an average family size of 3. The median household income in Canyon Lake is 100,682, with50.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Canyon Lake, the median commute time of resident workers (in minutes) is 43.6. And last, but certainly not least, are you looking for homes to rent in Canyon Lake? If so, the average rent price paid by renters in Canyon Lake is 2,060, according to recent statistics.

Diversity And Demographics In Canyon Lake, California

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Canyon Lake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Canyon Lake is 45.3, split between 52.6 percent male versus 47.4 female. The percentage of residents who report being married in Canyon Lake is 59, with an average family size of 3.

The percentage of residents who report their race in Canyon Lake is as follows:

White 86.3%
Black / African American 0%
Asian 4.5%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0.8%
Multi-racial 3.9%
Other 4.2%

Looking for family-friendly neighborhoods in and/or near Canyon Lake? Or maybe you are searching for 55+ active adult communities in and/or near Canyon Lake?

The percentage of residents who report their age in Canyon Lake is as follows:

Under 10 11.6%
Aged 10-19 10.3%
20s 9.9%
30s 11.8%
40s 13.3%
50s 15.6%
60s 14.4%
70s 7.3%
80+ 5.8%

Best Schools In Canyon Lake, California

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Canyon Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Canyon Lake.

Pros And Cons Of Living In Canyon Lake, California

How do you know that living in -- or moving to -- Canyon Lake is right where you need to be? Perhaps you grew up in Canyon Lake or already live nearby; therefore, the decision to buy a home in Canyon Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Canyon Lake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Canyon Lake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Canyon Lake.

Reasons To Move To Canyon Lake, California, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Canyon Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Canyon Lake, meanwhile, can field multiple offers from more qualified buyers.

Canyon Lake, CA Bankruptcy Homes


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