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Menifee, CA 92587 Real Estate & Property Data

Menifee, CA 92587 Real Estate Market Trends

Last Updated: September 20, 2025

A total of 362 residential properties have been sold over the past 12 months in 92587. With a median sales price of $617,500 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.

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Total Residential Properties 7,165

Total Commercial Properties 138

Avg. Home Age (Single Family Home) 36 Years

Avg. Square Feet (Single Family Home) 2,146

Total 2025 Residential Sales (year-to-date) 196

% of Homes Seriously Underwater (Q3 2025) 0.89%

Total 2024 Residential Sales 332

% of Equity Rich Homes (Q3 2025) 40.32%

Effective 2024 Property Tax 0.88%

Total Foreclosure Filings (year-to-date) 23

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Menifee, CA 92587 Real Estate Overview

There were 362 residential properties sold in the past year in Menifee, CA 92587. The median home value in Menifee, CA 92587 is $656,750. There are a total of 7,165 residential properties in the 92587.

Median Sales Price i

$617,500

(Jul 2025)

-4.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $617,500
June '25 Jun '25 $657,500
May '25 May '25 $689,000
April '25 Apr '25 $642,000
March '25 Mar '25 $636,500
February '25 Feb '25 $700,000
January '25 Jan '25 $637,000
December '24 Dec '24 $695,000
November '24 Nov '24 $702,500
October '24 Oct '24 $632,000
September '24 Sep '24 $631,000
August '24 Aug '24 $615,000

Median Down Payment i

$124,500

(Jul 2025)

+13.2%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 $124,500
June '25 Jun '25 $143,350
May '25 May '25 $97,500
April '25 Apr '25 $151,775
March '25 Mar '25 $63,650
February '25 Feb '25 $23,363
January '25 Jan '25 $52,000
December '24 Dec '24 $162,500
November '24 Nov '24 $235,750
October '24 Oct '24 $46,500
September '24 Sep '24 $67,000
August '24 Aug '24 $90,000

Number of Homes Sold i

(Jul 2025)

-6.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 28
June '25 Jun '25 35
May '25 May '25 33
April '25 Apr '25 33
March '25 Mar '25 19
February '25 Feb '25 25
January '25 Jan '25 23
December '24 Dec '24 31
November '24 Nov '24 24
October '24 Oct '24 26
September '24 Sep '24 23
August '24 Aug '24 32

Number of Purchase Loans i

(Jul 2025)

-7.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 24
June '25 Jun '25 32
May '25 May '25 28
April '25 Apr '25 26
March '25 Mar '25 13
February '25 Feb '25 24
January '25 Jan '25 20
December '24 Dec '24 27
November '24 Nov '24 19
October '24 Oct '24 24
September '24 Sep '24 11
August '24 Aug '24 29

Number of REFI Loans i

(Jul 2025)

+18.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 19
June '25 Jun '25 15
May '25 May '25 16
April '25 Apr '25 24
March '25 Mar '25 19
February '25 Feb '25 16
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

Number of HELOC Loans i

(Jul 2025)

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

July '25 Jul '25 10
June '25 Jun '25 7
May '25 May '25 13
April '25 Apr '25 11
March '25 Mar '25 16
February '25 Feb '25 8
January '25 Jan '25 8
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

Menifee, CA 92587 Real Estate Market Overview

Last 30 days

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Street
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Menifee, CA 92587 Foreclosure Activity

There were a total of 3 Menifee, CA 92587 properties with a foreclosure filing in July 2025. Lenders started the foreclosure process on 2 Menifee, CA 92587 properties and repossessed 1 Menifee, CA 92587 properties through completed foreclosures (REOs) in July 2025.

Total Foreclosure Filings i

(Jul 2025)

-40%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years