Housing in Menifee, CA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$565,000
Median List Price
$589,995
Price Per Sq Ft
$284
Days on Market
63
Active Inventory
325
Months of Supply
2.9
Seller's market
Zillow Home Value
$578,433
ZHVI — January 2026
Zillow Rent Index
$2,636
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
31.5%
Off Market in 2 Weeks
26.0%
Sale-to-List Ratio
99.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
111
New Listings
150
Pending Sales
127
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$284
Median List $/SF
$288
Menifee vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Menifee is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$487,200
Median Rent
$2,052
Total Housing Units
37,247
Vacancy Rate
5.9%
Owner Occupied
80.3%
Renter Occupied
19.7%
Median Property Tax
$4,619
per year
Monthly Cost (w/ Mortgage)
$2,126
Housing Types
The current median sale price in Menifee, CA is $565,000 according to Redfin data. Homes spend a median of 63 days on the market. 31.5% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $284. Zillow's observed rent index is $2,636/month. About 80.3% of housing units are owner-occupied. The median year homes were built is 2001. There are 37,247 total housing units.