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Menifee, CA 92586 Real Estate & Property Data

Menifee, CA 92586 Real Estate Market Trends

Last Updated: April 27, 2024

A total of 576 residential properties have been sold over the past 12 months in 92586. With a median sales price of $400,000 in 92586 and a total of 8 foreclosures in Menifee, CA 92586. Discover market trends and get the granular level real estate data for Menifee, CA 92586 to keep your pulse on the housing market. Curate compelling home reports for Menifee, CA 92586 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Menifee, CA 92586 Real Estate Market Trends

Get property data for any address in Menifee, CA 92586 or the country:

Total Residential Properties 9,980

Total Commercial Properties 196

Avg. Home Age (Single Family Home) 44 Years

Avg. Square Feet (Single Family Home) 1,455

Total 2024 Residential Sales (year-to-date) 71

% of Homes Seriously Underwater (Q2 2024) 1.76%

Total 2023 Residential Sales 542

% of Equity Rich Homes (Q2 2024) 39.75%

Effective 2023 Property Tax 0.74%

Total Foreclosure Filings (year-to-date) 15

Menifee, CA 92586 Real Estate Overview

There were 576 residential properties sold in the past year in Menifee, CA 92586. The median home value in Menifee, CA 92586 is $401,750. There are a total of 9,980 residential properties in the 92586.

Median Sales Price i

$400,000

(Feb 2024)

+4.4%

year-over-year

y-o-y

February '24 Feb '24 $400,000
January '24 Jan '24 $382,500
December '23 Dec '23 $425,000
November '23 Nov '23 $410,000
October '23 Oct '23 $475,000
September '23 Sep '23 $387,000
August '23 Aug '23 $380,000
July '23 Jul '23 $371,500
June '23 Jun '23 $350,000
May '23 May '23 $388,000
April '23 Apr '23 $405,000
March '23 Mar '23 $375,000

Median Down Payment i

$55,054

(Feb 2024)

-25%

year-over-year

y-o-y

February '24 Feb '24 $55,054
January '24 Jan '24 $68,000
December '23 Dec '23 $82,000
November '23 Nov '23 $85,275
October '23 Oct '23 $59,750
September '23 Sep '23 $85,758
August '23 Aug '23 $72,040
July '23 Jul '23 $43,816
June '23 Jun '23 $59,138
May '23 May '23 $70,000
April '23 Apr '23 $118,100
March '23 Mar '23 $88,750

Number of Homes Sold i

32

(Feb 2024)

-25.6%

year-over-year

y-o-y

February '24 Feb '24 32
January '24 Jan '24 39
December '23 Dec '23 34
November '23 Nov '23 38
October '23 Oct '23 49
September '23 Sep '23 45
August '23 Aug '23 58
July '23 Jul '23 43
June '23 Jun '23 50
May '23 May '23 50
April '23 Apr '23 47
March '23 Mar '23 48

Number of Purchase Loans i

22

(Feb 2024)

-31.2%

year-over-year

y-o-y

February '24 Feb '24 22
January '24 Jan '24 35
December '23 Dec '23 47
November '23 Nov '23 35
October '23 Oct '23 43
September '23 Sep '23 30
August '23 Aug '23 45
July '23 Jul '23 36
June '23 Jun '23 30
May '23 May '23 37
April '23 Apr '23 38
March '23 Mar '23 40

Number of REFI Loans i

20

(Feb 2024)

+53.8%

year-over-year

y-o-y

February '24 Feb '24 20
January '24 Jan '24 27
December '23 Dec '23 14
November '23 Nov '23 14
October '23 Oct '23 16
September '23 Sep '23 15
August '23 Aug '23 10
July '23 Jul '23 9
June '23 Jun '23 17
May '23 May '23 23
April '23 Apr '23 10
March '23 Mar '23 9

Number of HELOC Loans i

1

(Feb 2024)

-75%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 7
December '23 Dec '23 1
November '23 Nov '23 5
October '23 Oct '23 7
September '23 Sep '23 4
August '23 Aug '23 10
July '23 Jul '23 4
June '23 Jun '23 5
May '23 May '23 8
April '23 Apr '23 6
March '23 Mar '23 3

Menifee, CA 92586 Real Estate Market Overview

Last 30 days

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Menifee, CA 92586 Foreclosure Activity

There were a total of 8 Menifee, CA 92586 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

8

(Feb 2024)

+14.3%

year-over-year

y-o-y

February '24 Feb '24 8
January '24 Jan '24 7
December '23 Dec '23 8
November '23 Nov '23 5
October '23 Oct '23 11
September '23 Sep '23 8
August '23 Aug '23 8
July '23 Jul '23 8
June '23 Jun '23 4
May '23 May '23 8
April '23 Apr '23 10
March '23 Mar '23 3

Foreclosure Starts i

6

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 6
January '24 Jan '24 2
December '23 Dec '23 6
November '23 Nov '23 3
October '23 Oct '23 9
September '23 Sep '23 7
August '23 Aug '23 5
July '23 Jul '23 5
June '23 Jun '23 3
May '23 May '23 7
April '23 Apr '23 7
March '23 Mar '23 1

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 1
March '23 Mar '23 2

Nearby Zip Codes

1. 92584
2. 92585
3. 92587

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