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Menifee Lakes

MENIFEE, CA 92584

Real Estate Market Report  ·  Riverside County
Balanced Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 92584

Menifee Lakes

Market Analysis

Data as of July 2026. Source: Realtor.com.

The MENIFEE, CA real estate market (92584) currently shows 283 active listings, with 96 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are selling faster, averaging 47 days on market compared to 51 days last year.

The median listing price has risen 3.4% year-over-year, from $649,962 to $671,995.

Whether you are buying or selling in MENIFEE, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 54,663  ·  Density: 725.1/mi²  ·  Median household income: $111,057

Typical home value: $494,277  ·  Homeownership: 82.6%

Market Overview

Active Listings
283
⇧ 6.8% vs 265 last year
Pending
96
34% pending ratio
Median Price
$671,995
⇧ 3.4% vs $649,962 last year
Average Price
$723,191
⇧ 5% vs $688,852 last year
Days on Market
47
⇩ 7.8% vs 51 days last year

Price Per Square Foot

Median $/sqft
$279
⇩ 1.8% vs $284/sqft last year
Median Home Size
2,456 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 283 this year vs 265 last year
  • Days on market: 47 now vs 51 last year

Median & Average Pricing

Year over Year
  • Median: $671,995 (+3.4% YoY)
  • Average: $723,191 (+5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.4 miles — 1,486 listings ($1,154,451,360 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92584Menifee, CA 925840.0 mi234$165,723,246$654,000$708,219
92587Menifee, CA 925874.7 mi110$114,767,400$797,000$1,043,340
92585Menifee, CA 925855.6 mi91$54,671,526$599,900$600,786
92596Winchester, CA 925966.1 mi212$144,275,964$649,675$680,547
92548Homeland, CA 925488.2 mi18$11,569,806$648,139$642,767
92591Temecula, CA 925919.7 mi140$136,941,280$765,000$978,152
92530Lake Elsinore, CA 9253011.6 mi174$119,493,456$574,995$686,744
92567Nuevo, CA 9256712.1 mi20$12,918,620$644,675$645,931
92590Temecula, CA 9259012.5 mi37$85,302,316$2,222,000$2,305,468
92582San Jacinto, CA 9258213.6 mi107$58,222,124$541,400$544,132
92551Moreno Valley, CA 9255115.4 mi54$29,830,032$536,225$552,408
92555Moreno Valley, CA 9255517.9 mi91$58,231,446$614,250$639,906
92883Corona, CA 9288318.4 mi198$162,504,144$760,000$820,728

Frequently Asked Questions

How many homes are for sale in MENIFEE, CA 92584?

As of July 2026, there are 283 active listings in MENIFEE, CA (zip code 92584), compared to 265 the prior year.

What is the median home price in MENIFEE, CA 92584?

The median listing price in MENIFEE, CA 92584 is $671,995 as of July 2026, a 3.4% increase from $649,962 the prior year.

How long do homes stay on the market in MENIFEE, CA?

Homes in MENIFEE, CA 92584 spend an average of 47 days on the market before going under contract, compared to 51 days the prior year.

Is it a seller's or buyer's market in MENIFEE, CA 92584?

Based on current inventory and days-on-market data as of July 2026, MENIFEE, CA 92584 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 51 days last year.

How much can I save on real estate commission in MENIFEE, CA?

With SELL123.com's maximum 3% commission, sellers in MENIFEE, CA 92584 save an estimated $13,440 compared to a typical 5% commission on the median listing price of $671,995. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.