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Menifee

Why you'd want to live in Menifee

Menifee presents an attractive choice for individuals seeking a growing community with a suburban feel while still being close to urban conveniences. Over recent years, Menifee has experienced rapid development which has led to an expansion of housing options ranging from affordable homes to more upscale properties catering to various demographics. The city emphasizes community involvement through events such as farmers’ markets and seasonal festivals that bring residents together and promote local businesses. Menifee also prioritizes education with several reputable schools within its boundaries that serve families well. For outdoor enthusiasts, Menifee features numerous parks and recreational facilities where residents can engage in sports or simply enjoy nature walks with family or friends. Furthermore, Menifee’s location allows easy access to nearby attractions like Lake Elsinore or the mountains further inland while maintaining a peaceful residential atmosphere conducive to raising families or enjoying retirement years comfortably.

Menifee Market Report

$579,383

AVERAGE PRICE OF 775 HOMES

$538,207

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,010,829

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$660,778

AVERAGE PRICE OF 132 NEWLY BUILT HOMES

$550,870

AVERAGE PRICE OF 233 HOMES WITH A POOL

$547,511

AVERAGE PRICE OF 39 REDUCED PRICE HOMES

Average Home

Average Price $579,383
Avg Bedrooms 2.83 beds
Avg Bathrooms 2.18 baths

Average Price by Bedrooms

1 bedroom $232,500
2 bedrooms $362,999
3 bedrooms $586,858
4 bedrooms $673,932
5 bedrooms $748,884
Menifee Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 750 688 618 666 683
Average Price $580,819 $560,399 $562,674 $546,364 $546,184
Avg Price Change +3.64% -0.41% +2.99% +0.03% +0.11%
Median Price $564,310 $551,956 $546,149 $527,103 $531,988
Med Price Change +2.24% +1.06% +3.61% -0.93% -0.77%
Avg Bedrooms 2.75 beds 2.71 beds 2.62 beds 2.55 beds 2.6 beds
Avg Bathrooms 2.13 baths 2.1 baths 2.02 baths 1.96 baths 1.99 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Paloma Valley 45 $642,986 41 days
Total Homes Average Price Avg Days on Site
All Homes 775 $579,383 92 days
Distressed Homes 6 $538,207 113 days
Multi-Million Dollar Homes 33 $2,010,829 206 days
Newly Built Homes 132 $660,778 70 days
Homes with a Pool 233 $550,870 59 days
Reduced Price Homes 39 $547,511 63 days
Zutila, Inc.
Alyssa Martin | Daniel Evans
4000 Barranca Pkwy #105
Irvine, CA 92604
949-681-8300

Based on information from California Regional Multiple Listing Service, Inc. as of April 23, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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