If you need assistance, please call 949-681-8300

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

$559,422

AVERAGE PRICE OF 602 HOMES

$384,449

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,177,303

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$694,590

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$497,200

AVERAGE PRICE OF 151 HOMES WITH A POOL

$496,056

AVERAGE PRICE OF 23 REDUCED PRICE HOMES

Average Home

Average Price $559,422
Avg Bedrooms 2.58 beds
Avg Bathrooms 1.99 baths

Average Price by Bedrooms

1 bedroom $216,225
2 bedrooms $338,482
3 bedrooms $572,030
4 bedrooms $720,548
5 bedrooms $741,234
Menifee Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 666 683 692 669 683
Average Price $546,364 $546,184 $545,563 $548,981 $552,826
Avg Price Change +0.03% +0.11% -0.63% -0.70% -0.92%
Median Price $527,103 $531,988 $536,083 $549,855 $547,873
Med Price Change -0.93% -0.77% -2.57% +0.36% -0.79%
Avg Bedrooms 2.55 beds 2.6 beds 2.61 beds 2.57 beds 2.59 beds
Avg Bathrooms 1.96 baths 1.99 baths 2 baths 1.97 baths 1.98 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Paloma Valley 23 $699,512 86 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 602 $559,422 113 days
Distressed Homes 5 $384,449 113 days
Multi-Million Dollar Homes 31 $2,177,303 246 days
Newly Built Homes 65 $694,590 83 days
Homes with a Pool 151 $497,200 83 days
Reduced Price Homes 23 $496,056 96 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 January 14, 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.
This site powered by CINC: www.cincpro.com