1,562 homes sold in Menifee in the last year, at a typical $569K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Menifee homes are listed.
Every place Menifee homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Menifee.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
5% of Menifee’s sales are condos, at $217K less than a house
1484 houses and 76 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 1484 sold in 12 months
- Per square foot
- $284CA $494
- Days to sell
- 52
- Sold over asking
- 38%
- Listings with a price cut
- 27%
typical sale · 76 sold in 12 months
- Per square foot
- $265CA $561
- Days to sell
- 97
- Sold over asking
- 26%
- Listings with a price cut
- 39%
Multi-family (2–4 units): 1 sold, typical $462K
Townhouses: 2 sold, typical $382K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.8 times the 2016 price
1,562 sales in the last year, against 2,428 in 2021 and a low of 1,521 in 2023. The typical sale went from $311K in 2016 to $569K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $550K buys in Menifee
Check a listing against what Menifee homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Menifee are back to pre-pandemic levels, with about as many homes for sale
We read every month of Menifee’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,562 sales.
If you’re buying in Menifee
- Shop in January. It brings about 175 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
- Some room to negotiate. 28% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 99.4% of the list price on average; 38% paid over.
- You’ll usually have time. Only 25% of homes go under contract within two weeks; the typical one takes 53 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 216 a month), and the most competition: 45% close over asking. January and February offer nearly as much choice with fewer homes bid up (36%). January has the least competition (36%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like California as a whole
| Menifee now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 38% | 35% | 70% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 25% | 30% | 60% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 28% | 25% | 19% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 99.2% | 102.6% | 99.7% |
| Days to sellMedian days from listing to contract | 53 | 49 | 21 | 44 |
411 homes for sale on a typical day
That’s 2.3 times the 2013 low (182), about the 2017–19 level and well under 2019’s 514.
1 in 4 listings has cut its price
28% in the last year, against 25% in 2017–19 and 24% across California.
Since 2019, houses are up 56%, condos 99%
A house typically sold for $574K in the last year (1484 sales), a condo for $357K (76).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Menifee ranks 243rd of 555 busy California markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Menifee is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Menifee home costs about $3,397 a month
Price: Menifee’s typical sale, last 12 months. Property tax at Menifee’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Menifee is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 107.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $569K home, about $5,130 a year.
Taxes vs. neighborsSchools
The schools grade for Menifee, from test results, graduation and how much students grow.
Schools in MenifeeCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Homeland sells for less a square foot
The busier markets within 25 miles of Menifee, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Menifee | 1,562 | $569K | $283 | 38% | 53 |
| Winchester | 639 | $634K | $278 | 47% | 51 |
| Perris | 517 | $567K | $274 | 49% | 51 |
| French Valley | 474 | $677K | $277 | 42% | 52 |
| Wildomar | 245 | $688K | $291 | 44% | 49 |
| Canyon Lake | 196 | $747K | $351 | 23% | 71 |
| Homeland | 77 | $546K | $269 | 44% | 74 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Menifee, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Menifee. People who follow the town see it, and so do people comparing Menifee with their own town. No commission, no listing fee.
Questions about buying a home in Menifee
What do homes sell for in Menifee, CA?
1,562 homes sold in the year to May 2026 at a typical $569K, $283 a square foot. Houses sold for about $574K, condos for about $357K.
Is Menifee a buyer’s or seller’s market?
A seller’s market: 368 homes were for sale in May 2026 and 139 sold, about 2.6 months of supply. Buyers paid 99.4% of asking on average, and 28% of listings cut their price.
When is the best time to buy in Menifee?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Menifee?
About 0.9% of a home’s value a year. On a $569K home that’s near $5,130.
Where can I see homes for sale in Menifee?
Zillow, Redfin, Realtor.com and Homes.com all carry Menifee’s MLS listings; the search links above open each one filtered to Menifee.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).