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Menifee, CA 92585 Real Estate & Property Data

Menifee, CA 92585 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 493 residential properties have been sold over the past 12 months in 92585. With a median sales price of $583,750 in 92585 and a total of 5 foreclosures in Menifee, CA 92585. Discover market trends and get the granular level real estate data for Menifee, CA 92585 to keep your pulse on the housing market. Curate compelling home reports for Menifee, CA 92585 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Menifee, CA 92585 Real Estate Market Trends

Get property data for any address in Menifee, CA 92585 or the country:

Total Residential Properties 9,251

Total Commercial Properties 400

Avg. Home Age (Single Family Home) 19 Years

Avg. Square Feet (Single Family Home) 2,171

Total 2025 Residential Sales (year-to-date) 59

% of Homes Seriously Underwater (Q2 2025) 0.67%

Total 2024 Residential Sales 473

% of Equity Rich Homes (Q2 2025) 34.25%

Effective 2024 Property Tax 1.24%

Total Foreclosure Filings (year-to-date) 10

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Menifee, CA 92585 Real Estate Overview

There were 493 residential properties sold in the past year in Menifee, CA 92585. The median home value in Menifee, CA 92585 is $593,750. There are a total of 9,251 residential properties in the 92585.

Median Sales Price i

$583,750

(Feb 2025)

-0.2%

year-over-year

y-o-y

February '25 Feb '25 $583,750
January '25 Jan '25 $580,000
December '24 Dec '24 $530,000
November '24 Nov '24 $564,500
October '24 Oct '24 $613,250
September '24 Sep '24 $625,000
August '24 Aug '24 $560,930
July '24 Jul '24 $620,000
June '24 Jun '24 $610,000
May '24 May '24 $603,500
April '24 Apr '24 $625,000
March '24 Mar '24 $577,500

Median Down Payment i

$96,800

(Feb 2025)

+235%

year-over-year

y-o-y

February '25 Feb '25 $96,800
January '25 Jan '25 $116,000
December '24 Dec '24 $57,200
November '24 Nov '24 $30,500
October '24 Oct '24 $164,000
September '24 Sep '24 $70,000
August '24 Aug '24 $119,200
July '24 Jul '24 $130,000
June '24 Jun '24 $109,500
May '24 May '24 $62,500
April '24 Apr '24 $78,540
March '24 Mar '24 $62,776

Number of Homes Sold i

27

(Feb 2025)

-35.7%

year-over-year

y-o-y

February '25 Feb '25 27
January '25 Jan '25 32
December '24 Dec '24 27
November '24 Nov '24 37
October '24 Oct '24 36
September '24 Sep '24 29
August '24 Aug '24 39
July '24 Jul '24 58
June '24 Jun '24 36
May '24 May '24 58
April '24 Apr '24 37
March '24 Mar '24 35

Number of Purchase Loans i

27

(Feb 2025)

-32.5%

year-over-year

y-o-y

February '25 Feb '25 27
January '25 Jan '25 33
December '24 Dec '24 33
November '24 Nov '24 28
October '24 Oct '24 36
September '24 Sep '24 39
August '24 Aug '24 33
July '24 Jul '24 54
June '24 Jun '24 35
May '24 May '24 51
April '24 Apr '24 33
March '24 Mar '24 37

Number of REFI Loans i

31

(Feb 2025)

+14.8%

year-over-year

y-o-y

February '25 Feb '25 31
January '25 Jan '25 38
December '24 Dec '24 35
November '24 Nov '24 29
October '24 Oct '24 33
September '24 Sep '24 31
August '24 Aug '24 31
July '24 Jul '24 35
June '24 Jun '24 23
May '24 May '24 26
April '24 Apr '24 25
March '24 Mar '24 28

Number of HELOC Loans i

5

(Feb 2025)

-64.3%

year-over-year

y-o-y

February '25 Feb '25 5
January '25 Jan '25 18
December '24 Dec '24 12
November '24 Nov '24 7
October '24 Oct '24 9
September '24 Sep '24 9
August '24 Aug '24 9
July '24 Jul '24 18
June '24 Jun '24 12
May '24 May '24 10
April '24 Apr '24 9
March '24 Mar '24 11

Menifee, CA 92585 Real Estate Market Overview

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Menifee, CA 92585 Foreclosure Activity

There were a total of 5 Menifee, CA 92585 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

5

(Feb 2025)

+25%

year-over-year

y-o-y

February '25 Feb '25 5
January '25 Jan '25 5
December '24 Dec '24 7
November '24 Nov '24 2
October '24 Oct '24 3
September '24 Sep '24 4
August '24 Aug '24 2
July '24 Jul '24 5
June '24 Jun '24 6
May '24 May '24 4
April '24 Apr '24 4
March '24 Mar '24 6

Foreclosure Starts i

3

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 4
December '24 Dec '24 5
November '24 Nov '24 1
October '24 Oct '24 2
September '24 Sep '24 3
August '24 Aug '24 2
July '24 Jul '24 5
June '24 Jun '24 3
May '24 May '24 2
April '24 Apr '24 4
March '24 Mar '24 4

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

Nearby Zip Codes

1. 92584
2. 92586
3. 92587

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