What is the typical home value in Menifee 92585?

The typical home value is $602,663, down 0.5% over the past year.

How long do homes typically stay on the market here?

The median days on market is 44, indicating moderate absorption.

What percentage of homes have had price cuts?

About 15.5% of listings have received a price cut as of August 2026.

Market Intelligence · CA / Menifee

Menifee, CA 92585 Housing Market

The typical home value in Menifee 92585 is $602,663, down 0.5% over the past year. Homes are listing at a median price of $630,000 and spending 44 days on market.

Updated August 2026Median value$603K

The median home value in Menifee, CA 92585 is $603K as of August 2026, down 0.5% 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 92585 range

$554K to $651K

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

-0.5% over 12 months

Jul 2025$606K

Low $601KHigh $606K

Jul 2026$603K

The numbers

What is the 92585 housing market like?

As of August 2026

Typical home value

$603K

0.5%YoY

Median list price

$630K

0.8%MoM

Days on market

10.0%MoM

Homes for sale

2.7%MoM

Price cuts

15.5%

22.2%MoM

New listings

53.8%MoM

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

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The comparison

How do 92585 home prices compare?

92585$602,663
Menifee$617,057
California$702,086
United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Menifee: 4 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

Menifee's market shows moderate activity with 71 homes currently for sale and 24 new listings as of August 2026. The median list price sits at $630,000, while the typical home value has declined slightly year over year. Homes are taking 44 days to sell on average, suggesting a balanced market without urgent buyer pressure. About 15.5% of listings have received price cuts, reflecting some seller adjustments. If you're considering selling, the softening in home values means pricing strategically and being prepared for a patient sale process.

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