Menifee, CA Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $572,503 |
| Median list price | $600,000 |
| Year-over-year price change | +1.7% |
| Average days on market | 69 days |
| Active inventory | 312 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 99.5% |
| Market condition | Balanced 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
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
Santa Rosa Academy
Grades K-12 · 1,636 students
Ethan A Chase Middle
Grades 6-8 · 1,359 students
Bell Mountain Middle
Grades 6-8 · 1,090 students
Menifee Valley Middle
Grades 6-8 · 919 students
Southshore Elementary
Grades K-5 · 881 students
Boulder Ridge Elementary
Grades K-5 · 873 students
Evans Ranch Elementary
Grades K-5 · 803 students
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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