Market Intelligence · CA / Menifee

Menifee, CA 92585 Housing Market

The typical home value in Menifee, CA 92585 is $597,928, up 0.6% over the past year as of September 2026. Sellers are listing at a median of $620,000, and homes are taking a median of 43 days to go under contract.

Updated September 2026Median value$598K

The median home value in Menifee, CA 92585 is $598K as of September 2026, up 0.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 92585 range

$550K to $646K

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

+0.6% over 12 months

Typical home value in 92585 over the last 12 months: $594K in Sep 2025 to $598K in Sep 2026 (+0.6%).

Sep 2025$594K

Sep 2026$598K

The numbers

What is the 92585 housing market like?

Typical home value

$598K

Up0.6%YoY

Median list price

$620K

Down1.6%MoM

Days on market

43

Down2.3%MoM

Homes for sale

79

Up11.3%MoM

Price cuts

11.3%

Down26.9%MoM

New listings

40

Up66.7%MoM

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

The outlook

92585 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92585 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 92585 rose 0.6%, per the Zillow Home Value Index.

Will home prices drop in 92585?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 92585 to stay roughly flat by September 2027 (up 0.2%), after a 0.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 92585 home prices compare?

  • 92585$597,928
  • Menifee$611,835
  • California$692,765
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Menifee: 4 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 79 homes for sale in 92585, with 40 new listings coming on the market. The median list price is $620,000, while the typical home value sits at $597,928, up 0.6% over the past year. Homes are spending a median of 43 days on market, and 11.3% of listings have taken a price cut. The value trend is nearly flat, and asking prices run above typical values. For a seller, that means pricing carefully from the start matters more than testing the market with an ambitious number.

Monthly payment

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20% · $119,586

Common questions

What people ask us.

How much is a home in 92585 worth?

The typical home value in 92585 is $597,928, up 0.6% over the past year as of September 2026.

How long does it take to sell a home in 92585?

Homes in 92585 are spending a median of 43 days on market as of September 2026. There are 79 homes for sale, with 40 new listings.

Are sellers cutting prices in 92585?

As of September 2026, 11.3% of listings in 92585 have had a price cut. The median list price is $620,000.

Discover

Nearby ZIP markets.

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Guides for sellers.