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Menifee Lakes

MENIFEE, CA 92584

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 92584

Menifee Lakes

Market Analysis

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

The MENIFEE, CA real estate market (92584) currently shows 234 active listings, with 93 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 48 days on market compared to 40 days last year.

The median listing price has risen 2.5% year-over-year, from $638,000 to $654,000.

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 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
234
⇧ 0.4% vs 233 last year
Pending
93
40% pending ratio
Median Price
$654,000
⇧ 2.5% vs $638,000 last year
Average Price
$708,219
⇧ 5.9% vs $668,602 last year
Days on Market
48
⇧ 20% vs 40 days last year

Price Per Square Foot

Median $/sqft
$285
⇩ 5.3% vs $301/sqft last year
Median Home Size
2,370 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 234 this year vs 233 last year
  • Days on market: 48 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $654,000 (+2.5% YoY)
  • Average: $708,219 (+5.9% 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 — 1,360 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 February 2026, there are 234 active listings in MENIFEE, CA (zip code 92584), compared to 233 the prior year.

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

The median listing price in MENIFEE, CA 92584 is $654,000 as of February 2026, a 2.5% increase from $638,000 the prior year.

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

Homes in MENIFEE, CA 92584 spend an average of 48 days on the market before going under contract, compared to 40 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 February 2026, MENIFEE, CA 92584 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 48 days on market compared to 40 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 $13,080 compared to a typical 5% commission on the median listing price of $654,000. 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.