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Menifee Lakes

MENIFEE, CA 92584

Real Estate Market Report  ·  Riverside County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
221
⇧ 19.5% vs 185 last year
Pending
68
31% pending ratio
Median Price
$649,000
⇩ 1.6% vs $659,850 last year
Average Price
$678,265
⇩ 1.3% vs $687,412 last year
Days on Market
66
⇧ 10% vs 60 days last year

Market Context

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

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

Market Analysis

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

The MENIFEE, CA real estate market (92584) currently shows 221 active listings, with 68 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 66 days on market compared to 60 days last year.

The median listing price has fallen 1.6% year-over-year, from $659,850 to $649,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 221 this year vs 185 last year
  • Days on market: 66 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $649,000 (-1.6% YoY)
  • Average: $678,265 (-1.3% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.4 miles — 1,360 listings ($1,046,043,270 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92584Menifee, CA 925840.0 mi221$149,896,565$649,000$678,265
92587Menifee, CA 925874.7 mi91$89,854,492$749,000$987,412
92585Menifee, CA 925855.6 mi98$59,490,410$607,990$607,045
92596Winchester, CA 925966.1 mi181$121,651,367$645,990$672,107
92548Homeland, CA 925488.2 mi20$12,444,100$570,000$622,205
92591Temecula, CA 925919.7 mi125$127,662,250$789,500$1,021,298
92530Lake Elsinore, CA 9253011.6 mi166$114,042,332$580,000$687,002
92567Nuevo, CA 9256712.1 mi16$10,388,208$599,000$649,263
92590Temecula, CA 9259012.5 mi35$80,275,020$2,075,000$2,293,572
92582San Jacinto, CA 9258213.6 mi102$55,440,468$540,000$543,534
92551Moreno Valley, CA 9255115.4 mi55$30,159,690$535,210$548,358
92555Moreno Valley, CA 9255517.9 mi71$46,170,874$629,000$650,294
92883Corona, CA 9288318.4 mi179$148,567,494$759,000$829,986

Frequently Asked Questions

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

As of January 2026, there are 221 active listings in MENIFEE, CA (zip code 92584), compared to 185 the prior year.

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

The median listing price in MENIFEE, CA 92584 is $649,000 as of January 2026, a 1.6% decrease from $659,850 the prior year.

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

Homes in MENIFEE, CA 92584 spend an average of 66 days on the market before going under contract, compared to 60 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 January 2026, MENIFEE, CA 92584 is currently a Buyer's Market. Inventory has increased compared to last year, with 36 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 60 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 $12,980 compared to a typical 5% commission on the median listing price of $649,000. 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.