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Menifee, CA 92585 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Menifee, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 3535PendingPending sales: 77
Menifee, CA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $635k$635kSoldMedian sold price (last 6 months): $595k$595k
What homes actually sell for in Menifee, CA
Distribution of 264 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $550k to $655k
$375k to $428k: 17 sales$375k$428k to $481k: 5 sales$481k to $534k: 22 sales$481k$534k to $588k: 62 sales$588k to $641k: 70 sales70sales$588k$641k to $694k: 33 sales$694k to $747k: 18 sales$694k$747k to $800k: 9 salesMedian $595k

What the numbers say

As of October 5, 2026, Resideline is tracking 35 active listings and 7 pending sales in ZIP code 92585. That pending-to-active ratio of 0.20 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $634,720, while the median of the 264 closed sales Resideline tracked over the last six months was $595,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 92585 for 63 days.

Frequently asked questions

What is the median home price in 92585?

The median closed sale price in Menifee, CA 92585 was $595,000 over the last six months, based on 264 closed sales tracked by Resideline. The middle half of those sales ranged from $550,000 to $655,000.

Is 92585 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 35 active listings in 92585, a pending-to-active ratio of 0.20. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 92585 currently looks like a balanced market.

Nearby ZIP code market data

Full Menifee, CA housing market report →

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