Menifee, CA Housing Market & Real Estate

Balanced market+1.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Menifee, CA is $572,503, up 1.7% year-over-year. Homes sell in an average of 69 days with 312 active listings. The market is currently a balanced market.

$572,503median sale price

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

Balanced market3.2 months of supply69 avg. days on market

Menifee, CA is currently a balanced market, based on 3.2 months of supply and homes selling in about 69 days. How we determine this →

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

Menifee, CA market data

Current housing market statistics for Menifee, CA
MetricValue
Median sale price$572,503
Median list price$600,000
Year-over-year price change+1.7%
Average days on market69 days
Active inventory312 listings
Months of supply3.2 months
Sale-to-list price ratio99.5%
Market conditionBalanced market

Source: Redfin · Updated weekly

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%

Top public schools in Menifee

17 schools tracked · 13,852 students

The largest public schools serving Menifee, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Paloma Valley High

Grades 9-12 · 2,593 students

Public

Santa Rosa Academy

Grades K-12 · 1,636 students

Charter

Ethan A Chase Middle

Grades 6-8 · 1,359 students

Public

Bell Mountain Middle

Grades 6-8 · 1,090 students

Public

Menifee Valley Middle

Grades 6-8 · 919 students

Public

Southshore Elementary

Grades K-5 · 881 students

Public

Boulder Ridge Elementary

Grades K-5 · 873 students

Public

Evans Ranch Elementary

Grades K-5 · 803 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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