Menifee, CA housing market
The typical Menifee home is worth about $581,000, about the same as a year ago, 24% below the California typical home. Homes typically sell in 27 days, close to asking.
Home values, sales, trends and how Menifee compares with the towns next door — updated as new data is published.
Menifee at a glance
A seller's market
Supply is tight — about 2.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Menifee | California |
|---|---|---|
| 2017 | $323,000 | $453,000 |
| 2018 | $362,000 | $501,000 |
| 2019 | $380,000 | $539,000 |
| 2020 | $389,000 | $551,000 |
| 2021 | $433,000 | $607,000 |
| 2022 | $540,000 | $703,000 |
| 2023 | $562,000 | $727,000 |
| 2024 | $574,000 | $758,000 |
| 2025 | $595,000 | $782,000 |
| 2026 | $583,000 | $767,000 |
| August 2026 | $581,000 | $764,000 |
Menifee and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Menifee | $581K | −0.1% | 27 | $93,454 |
| Perris | $543K | +0.9% | 46 | $88,911 |
| Canyon Lake | $701K | +1.7% | 61 | $126,926 |
| Lake Elsinore | $584K | −0.1% | 54 | $101,888 |
| Wildomar | $652K | +0.4% | 42 | $103,506 |
| Murrieta | $687K | +0.1% | 36 | $114,081 |
| Romoland | — | — | — | $106,861 |
6.2 years of income
The typical Menifee home costs about 6.2 years of the town's median household income, less than across California (7.7 years).
How Menifee ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.