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Market Intelligence · CA / Riverside County

Menifee, CA home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$612K1-yr changeUp0.2%

The typical home value in Menifee, CA is $612K as of September 2026, up 0.2% from a year ago, based on the Zillow Home Value Index. In the typical Menifee ZIP code, the median list price is $635K and homes spend a median of 51 days on market as of September 2026 (Realtor.com).

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The coverage

Menifee, by the numbers.

Typical home valueZillow ZHVI, September 2026
$612K
1-yr changeMedian across Menifee ZIPs
+0.2%
ZIP markets live
4
County
Riverside County

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12-month value trend

+0.2% over 12 months

Typical home value in Menifee over the last 12 months: $611K in Sep 2025 to $612K in Sep 2026 (+0.2%).

Sep 2025$611K

Sep 2026$612K

Median Zillow home value index across Menifee's ZIP codes.

Context

Menifee's housing market shows modest momentum as of September 2026. The typical home value stands at $611,835, having increased 0.2% over the past year. There are 479 homes for sale with a median list price of $635,000, and homes are spending a median of 51 days on market. New listings total 208, though 22.9% of listings carry a price cut, indicating some sellers are adjusting expectations. For homeowners considering a sale, the market is stable but not particularly fast-moving; pricing strategy and condition matter more than timing.

The numbers

What is the housing market like in Menifee, CA?

Typical home value

$612K

Up0.2%YoY

Median list price

$635K

Days on market

51

Homes for sale

479

Price cuts

22.9%

New listings

208

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Menifee's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Menifee, CA home prices over time

Typical home values in Menifee, CA are up 0.2% over the past year, from $611K in September 2025 to $612K in September 2026.

Typical home value in Menifee, CA, September of each year
MonthTypical value1-yr change
September 2026$611,835+0.2%
September 2025$610,751No prior year

Typical value is the median Zillow Home Value Index across Menifee ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Menifee, CA a buyer's or seller's market?

Menifee, CA is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 51 days on market and 23% of listings with a price cut in the typical Menifee ZIP code, and 208 new listings against 479 active listings across Menifee, as of September 2026 (Realtor.com).

The outlook

Menifee housing market forecast 2027

+0.2%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Menifee ZIP codes, points to typical home values holding roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in Menifee rose 0.2%, per the Zillow Home Value Index.

Will home prices drop in Menifee?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Menifee shows typical home values holding roughly flat by September 2027 (up 0.2%), after a 0.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Menifee ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Menifee?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Menifee, CA home prices.

What is a typical home worth in Menifee, CA?

The typical home value in Menifee is $611,835 as of September 2026, up 0.2% over the past year.

How long do homes typically stay on the market?

Homes in Menifee spend a median of 51 days on market as of September 2026.

Are prices being reduced on many listings?

About 22.9% of listings have a price cut, suggesting that some sellers are adjusting their asking prices in the current market.

Are home prices going up or down in Menifee, CA?

Typical home values in Menifee, CA are up 0.2% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Menifee, CA a buyer's or seller's market?

Menifee, CA is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 51 days on market and 23% of listings with a price cut in the typical Menifee ZIP code, and 208 new listings against 479 active listings across Menifee, as of September 2026 (Realtor.com).

Nearby markets

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