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Menifee, CA 92585 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Menifee, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.18
ActiveActive listings: 3838PendingPending 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): $632k$632kSoldMedian sold price (last 6 months): $590k$590k
What homes actually sell for in Menifee, CA
Distribution of 279 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $540k to $654k
$369k to $420k: 19 sales$369k$420k to $471k: 9 sales$471k to $522k: 18 sales$471k$522k to $573k: 54 sales$573k to $623k: 70 sales70sales$573k$623k to $674k: 39 sales$674k to $725k: 33 sales$674k$725k to $776k: 10 salesMedian $590k

What the numbers say

As of September 14, 2026, Resideline is tracking 38 active listings and 7 pending sales in ZIP code 92585. That pending-to-active ratio of 0.18 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $632,310, while the median of the 279 closed sales Resideline tracked over the last six months was $590,000. 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 66 days.

Frequently asked questions

What is the median home price in 92585?

The median closed sale price in Menifee, CA 92585 was $590,000 over the last six months, based on 279 closed sales tracked by Resideline. The middle half of those sales ranged from $540,000 to $654,000.

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

Resideline is currently tracking 7 pending sales against 38 active listings in 92585, a pending-to-active ratio of 0.18. 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

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