Menifee Housing Market Report – August 2026
Here's a look at how the Menifee, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 171
- Median Sale Price: $575,000
- Average Sale Price: $584,540
- Average Price Per Sq Ft: $292
- Average Days on Market: 84
- Sale-to-List Price Ratio: 99.8%
Month-Over-Month Trends
Compared to July, the median sale price in Menifee moved 2.5% down (from $590,000 to $575,000). The number of homes sold was 15.8% down compared to the prior month (203 vs. 171). Average days on market shifted 1.2% up (83 days to 84 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 1.5% down (from $583,500 to $575,000). Sales volume is 14.1% down year-over-year.
Menifee Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92584 | 79 | $629,000 | $294 | 85 |
| 92586 | 48 | $415,500 | $281 | 82 |
| 92585 | 38 | $591,500 | $299 | 86 |
| 92587 | 6 | $480,000 | $335 | 77 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 134 | $569,500 | $294 |
| LAND | 30 | $651,500 | N/A |
| MOBILE | 6 | $300,000 | $251 |
| OTHER | 1 | $250,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 3 |
| $100K - $199K | 4 |
| $200K - $299K | 3 |
| $300K - $399K | 19 |
| $400K - $499K | 28 |
| $500K - $749K | 93 |
| $750K+ | 21 |
Current Active Listings
As of this report, there are 1,102 active listings in Menifee with a median asking price of $585,000 and an average of 83 days on market.
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