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Menifee, CA 92587 Real Estate & Property Data

Menifee, CA 92587 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 364 residential properties have been sold over the past 12 months in 92587. With a median sales price of $700,000 in 92587 and a total of 3 foreclosures in Menifee, CA 92587. Discover market trends and get the granular level real estate data for Menifee, CA 92587 to keep your pulse on the housing market. Curate compelling home reports for Menifee, CA 92587 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Menifee, CA 92587 Real Estate Market Trends

Get property data for any address in Menifee, CA 92587 or the country:

Total Residential Properties 7,160

Total Commercial Properties 158

Avg. Home Age (Single Family Home) 36 Years

Avg. Square Feet (Single Family Home) 2,141

Total 2025 Residential Sales (year-to-date) 48

% of Homes Seriously Underwater (Q2 2025) 0.63%

Total 2024 Residential Sales 337

% of Equity Rich Homes (Q2 2025) 43.61%

Effective 2024 Property Tax 0.84%

Total Foreclosure Filings (year-to-date) 7

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Menifee, CA 92587 Real Estate Overview

There were 364 residential properties sold in the past year in Menifee, CA 92587. The median home value in Menifee, CA 92587 is $674,750. There are a total of 7,160 residential properties in the 92587.

Median Sales Price i

$700,000

(Feb 2025)

+9.8%

year-over-year

y-o-y

February '25 Feb '25 $700,000
January '25 Jan '25 $637,000
December '24 Dec '24 $672,500
November '24 Nov '24 $702,500
October '24 Oct '24 $630,000
September '24 Sep '24 $631,000
August '24 Aug '24 $615,000
July '24 Jul '24 $645,000
June '24 Jun '24 $785,000
May '24 May '24 $672,000
April '24 Apr '24 $685,000
March '24 Mar '24 $625,000

Median Down Payment i

$23,363

(Feb 2025)

-76.8%

year-over-year

y-o-y

February '25 Feb '25 $23,363
January '25 Jan '25 $92,950
December '24 Dec '24 $161,750
November '24 Nov '24 $235,750
October '24 Oct '24 $41,250
September '24 Sep '24 $67,000
August '24 Aug '24 $119,000
July '24 Jul '24 $110,000
June '24 Jun '24 $182,906
May '24 May '24 $143,000
April '24 Apr '24 $137,500
March '24 Mar '24 $111,000

Number of Homes Sold i

25

(Feb 2025)

-10.7%

year-over-year

y-o-y

February '25 Feb '25 25
January '25 Jan '25 23
December '24 Dec '24 32
November '24 Nov '24 24
October '24 Oct '24 28
September '24 Sep '24 23
August '24 Aug '24 33
July '24 Jul '24 30
June '24 Jun '24 21
May '24 May '24 37
April '24 Apr '24 37
March '24 Mar '24 23

Number of Purchase Loans i

23

(Feb 2025)

+9.5%

year-over-year

y-o-y

February '25 Feb '25 23
January '25 Jan '25 20
December '24 Dec '24 28
November '24 Nov '24 19
October '24 Oct '24 26
September '24 Sep '24 11
August '24 Aug '24 31
July '24 Jul '24 26
June '24 Jun '24 21
May '24 May '24 33
April '24 Apr '24 26
March '24 Mar '24 20

Number of REFI Loans i

17

(Feb 2025)

-5.6%

year-over-year

y-o-y

February '25 Feb '25 17
January '25 Jan '25 11
December '24 Dec '24 26
November '24 Nov '24 17
October '24 Oct '24 29
September '24 Sep '24 18
August '24 Aug '24 19
July '24 Jul '24 18
June '24 Jun '24 9
May '24 May '24 19
April '24 Apr '24 15
March '24 Mar '24 14

Number of HELOC Loans i

8

(Feb 2025)

-20%

year-over-year

y-o-y

February '25 Feb '25 8
January '25 Jan '25 11
December '24 Dec '24 16
November '24 Nov '24 7
October '24 Oct '24 6
September '24 Sep '24 9
August '24 Aug '24 8
July '24 Jul '24 9
June '24 Jun '24 9
May '24 May '24 11
April '24 Apr '24 13
March '24 Mar '24 9

Menifee, CA 92587 Real Estate Market Overview

Last 30 days

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Menifee, CA 92587 Foreclosure Activity

There were a total of 3 Menifee, CA 92587 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

3

(Feb 2025)

-62.5%

year-over-year

y-o-y

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

Foreclosure Starts i

1

(Feb 2025)

-87.5%

year-over-year

y-o-y

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

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 1
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Nearby Zip Codes

1. 92584
2. 92585
3. 92586

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