Call or Text (240) SELL-123
Quail Valley Quail Valley (historical)

MENIFEE, CA 92587

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 92587

Quail Valley · Quail Valley (historical)

Market Analysis

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

The MENIFEE, CA real estate market (92587) currently shows 110 active listings, with 28 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55 days on market compared to 56 days last year.

The median listing price has risen 7% year-over-year, from $744,750 to $797,000.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for MENIFEE, CA 92587 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 18,926  ·  Density: 1,021.5/mi²  ·  Median household income: $96,955

Typical home value: $518,309  ·  Homeownership: 76.6%

Market Overview

Active Listings
110
⇧ 29.4% vs 85 last year
Pending
28
25% pending ratio
Median Price
$797,000
⇧ 7% vs $744,750 last year
Average Price
$1,043,340
⇧ 5.1% vs $993,124 last year
Days on Market
55
⇩ 1.8% vs 56 days last year

Price Per Square Foot

Median $/sqft
$369
⇧ 0.8% vs $366/sqft last year
Median Home Size
2,300 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 110 this year vs 85 last year
  • Days on market: 55 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $797,000 (+7% YoY)
  • Average: $1,043,340 (+5.1% 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 17.2 miles — 1,209 listings ($814,891,780 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92587Menifee, CA 925870.0 mi91$89,854,492$749,000$987,412
92586Menifee, CA 925863.1 mi101$41,335,159$404,000$409,259
92595Wildomar, CA 925955.4 mi74$55,213,620$722,450$746,130
92570Perris, CA 925707.2 mi87$69,480,114$670,000$798,622
92548Homeland, CA 925489.5 mi20$12,444,100$570,000$622,205
92596Winchester, CA 9259610.6 mi181$121,651,367$645,990$672,107
92567Nuevo, CA 9256712.4 mi16$10,388,208$599,000$649,263
92545Hemet, CA 9254512.7 mi155$67,748,795$439,999$437,089
92883Corona, CA 9288313.8 mi179$148,567,494$759,000$829,986
92508Riverside, CA 9250814.2 mi73$65,368,507$795,000$895,459
92582San Jacinto, CA 9258215.4 mi102$55,440,468$540,000$543,534
92553Moreno Valley, CA 9255315.8 mi59$31,228,582$529,900$529,298
92555Moreno Valley, CA 9255517.2 mi71$46,170,874$629,000$650,294

Frequently Asked Questions

How many homes are for sale in MENIFEE, CA 92587?

As of February 2026, there are 110 active listings in MENIFEE, CA (zip code 92587), compared to 85 the prior year.

What is the median home price in MENIFEE, CA 92587?

The median listing price in MENIFEE, CA 92587 is $797,000 as of February 2026, a 7% increase from $744,750 the prior year.

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

Homes in MENIFEE, CA 92587 spend an average of 55 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in MENIFEE, CA 92587?

Based on current inventory and days-on-market data as of February 2026, MENIFEE, CA 92587 is currently a Balanced Market. Inventory has increased compared to last year, with 25 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 56 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 92587 save an estimated $15,940 compared to a typical 5% commission on the median listing price of $797,000. 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.