Home ValuePros

Market Intelligence · CA / Menifee

Menifee, CA 92587 Housing Market

The typical home value in Menifee, 92587 is $645,757, up 0.5% over the past year. The median list price sits at $808,712, with homes spending a median of 58 days on market.

Updated August 2026Median value$646K

The median home value in Menifee, CA 92587 is $646K as of August 2026, up 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 92587 range

$594K to $697K

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

Typical home value in 92587 over the last 12 months: $642K in Jul 2025 to $646K in Jul 2026 (+0.5%).

Jul 2025$642K

Jul 2026$646K

The numbers

What is the 92587 housing market like?

Typical home value

$646K

Up0.5%YoY

Median list price

$847K

Up4.8%MoM

Days on market

71

Up22.4%MoM

Homes for sale

103

Down9.6%MoM

Price cuts

23.1%

Down5.9%MoM

New listings

36

Down14.3%MoM

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

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The comparison

How do 92587 home prices compare?

  • 92587$645,757
  • 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 modest resilience despite a slower pace. There are currently 114 homes for sale with 42 new listings as of early July 2026. The median time homes spend on market is 58 days, suggesting buyers are taking their time to decide. With 24.5% of listings carrying a price cut, sellers are adjusting expectations to move inventory. If you're considering selling, be prepared for a measured market where pricing strategy and presentation matter.

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