Menifee, CA

Balanced market+1.7% YoY

Housing market overview · Updated weekly

$572,503median sale price

Homes sold

97

Last 12 weeks

Days on market

69

Average pace

Active listings

312

3.2 months supply

Sale-to-list

99.5%

Below asking

The Menifee housing market is currently classified as a balanced market with a median sale price of $572,503. Prices have risen 1.7% compared to last year, with homes spending an average of 69 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Menifee

There are currently 312 homes listed for sale in Menifee, California. The median listing price is $600K.

Active listings

312

Homes on market

Median list price

$600K

Avg. days on market

69

Days until sale

New this week

141

Newly listed

Price drops:20.2%of listings
Sale-to-list:99.5%

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Frequently asked questions

What is the average home price in Menifee?

The median home sale price in Menifee is $572,503, up 1.7% from last year.

How long do homes stay on market in Menifee?

Homes typically spend 69 days on market before going under contract.

Is Menifee a buyer's or seller's market?

With 3.2 months of supply, Menifee is currently a balanced market.

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