Market Intelligence · CA / Menifee

Menifee, CA 92586 Housing Market

In Menifee, CA 92586, the typical home value is $412,534, down 1.0% over the past year as of September 2026. The median list price is $438,700, and the median days on market is 52.

Updated September 2026Median value$413K

The median home value in Menifee, CA 92586 is $413K as of September 2026, down 1.0% 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 92586 range

$380K to $446K

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

-1.0% over 12 months

Typical home value in 92586 over the last 12 months: $417K in Sep 2025 to $413K in Sep 2026 (-1.0%).

Sep 2025$417K

Sep 2026$413K

The numbers

What is the 92586 housing market like?

Typical home value

$413K

Down1.0%YoY

Median list price

$439K

Down2.0%MoM

Days on market

52

Down5.5%MoM

Homes for sale

92

Flat0.0%MoM

Price cuts

20.0%

Up21.4%MoM

New listings

42

Down19.2%MoM

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

The outlook

92586 housing market forecast 2027

0.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92586 to stay roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in 92586 fell 1.0%, per the Zillow Home Value Index.

Will home prices drop in 92586?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 92586 to stay roughly flat by September 2027 (no change), after a 1.0% decline 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 92586 home prices compare?

  • 92586$412,534
  • 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

The Menifee, CA 92586 market shows a slight cooling trend. Typical home values are $412,534, down 1.0% over the past year, while the median list price is $438,700. There are 92 homes for sale and 42 new listings as of September 2026. Homes spend a median of 52 days on market. For sellers, this means pricing realistically matters more than chasing last year's peak.

Monthly payment

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20% · $82,507

Common questions

What people ask us.

How much is a home in 92586 worth?

The typical home value in Menifee, CA 92586 is $412,534 as of September 2026, down 1.0% over the past year.

How long do homes take to sell in 92586?

The median days on market is 52 as of September 2026. There are 92 homes for sale and 42 new listings in this ZIP code.

What is the median list price in 92586?

The median list price in Menifee, CA 92586 is $438,700 as of September 2026.

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