Market Intelligence · CA / Menifee

Menifee, CA 92584 Housing Market

The typical home value in Menifee, CA 92584 is $631,450, down 1.3% over the past year. The median list price stands at $660,000, with homes taking a median of 57 days to sell.

Updated August 2026Median value$626K

The median home value in Menifee, CA 92584 is $626K as of August 2026, down 0.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 92584 range

$576K to $676K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.7% over 12 months

Typical home value in 92584 over the last 12 months: $631K in Aug 2025 to $626K in Aug 2026 (-0.7%).

Aug 2025$631K

Aug 2026$626K

The numbers

What is the 92584 housing market like?

Typical home value

$626K

Down0.7%YoY

Median list price

$660K

Down1.8%MoM

Days on market

57

Up21.3%MoM

Homes for sale

192

Up3.2%MoM

Price cuts

23.1%

Up11.3%MoM

New listings

80

Up2.6%MoM

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

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The comparison

How do 92584 home prices compare?

  • 92584$626,324
  • Menifee$611,965
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Menifee: 4 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Menifee's market shows mixed signals. There are 192 homes for sale with 80 new listings as of August 2026, suggesting reasonable inventory flow. However, the median days on market of 57 indicates homes are taking time to move. The median list price of $660,000 sits above the typical home value, and 23.1% of listings have already seen price cuts. For sellers, this suggests it's a buyer-favorable market where pricing strategy and condition matter significantly.

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