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Menifee, CA 92586 Housing Market

Data snapshot: October 12, 2026. Closed-sale window: last 6 months.
Menifee, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 5656PendingPending sales: 66
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): $482k$482kSoldMedian sold price (last 6 months): $385k$385k
What homes actually sell for in Menifee, CA
Distribution of 403 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $315k to $489k
$124k to $196k: 19 sales$124k$196k to $267k: 15 sales$267k to $339k: 81 sales$267k$339k to $410k: 103 sales103sales$410k to $482k: 61 sales$410k$482k to $554k: 37 sales$554k to $625k: 36 sales$554k$625k to $697k: 10 salesMedian $385k

What the numbers say

As of October 12, 2026, Resideline is tracking 56 active listings and 6 pending sales in ZIP code 92586. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $482,250, while the median of the 403 closed sales Resideline tracked over the last six months was $385,000. 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 92586 for 65 days.

Frequently asked questions

What is the median home price in 92586?

The median closed sale price in Menifee, CA 92586 was $385,000 over the last six months, based on 403 closed sales tracked by Resideline. The middle half of those sales ranged from $315,000 to $489,000.

Is 92586 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 56 active listings in 92586, a pending-to-active ratio of 0.11. 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, 92586 currently looks like a balanced market.

Nearby ZIP code market data

Full Menifee, CA housing market report →

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