Menifee, CA Real Estate & Property Data

Menifee Real Estate Market Trends
Last Updated: April 24, 2024

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Menifee, CA. ATTOM offers up to date Menifee real estate data that is refreshed daily. Current market trends reveal that in the past year, 2,272 residential properties have been sold in Menifee, CA, with a median home price of $592,000. The average square footage of these properties is 2,099 sq ft, and the effective property tax rate is 1.03%. Additionally, there have been 26 foreclosures in the area in the past month. ATTOM is your one-stop-shop for detailed property data in Menifee, CA, providing you with the real estate information you need.

Menifee Real Estate Market Trends
Total Residential Properties 45,647
Total Commercial Properties 1,000
Avg. Home Age (Single Family Home) 26 Years
Avg. Square Feet (Single Family Home) 2,099
Total 2024 Residential Sales (year-to-date) 320
% of Homes Seriously Underwater (Q2 2024) 0.96%
Total 2023 Residential Sales 2,075
% of Equity Rich Homes (Q2 2024) 38.08%
Effective 2023 Property Tax 1.03%
Total Foreclosure Filings (year-to-date) 42
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Menifee, CA Real Estate Overview

In the last year, 2,272 residential properties were sold in Menifee, CA, with a median home value of $582,944. Menifee, CA has a total of 45,647 residential properties, including properties across 4 zip codes and 2067 streets.

Median Sales Price i
$592,000
(Feb 2024)
+11.7%
year-over-year
y-o-y
  • February '24 Feb '24 $592,000
  • January '24 Jan '24 $570,000
  • December '23 Dec '23 $572,000
  • November '23 Nov '23 $581,500
  • October '23 Oct '23 $565,000
  • September '23 Sep '23 $577,500
  • August '23 Aug '23 $551,250
  • July '23 Jul '23 $565,000
  • June '23 Jun '23 $610,000
  • May '23 May '23 $575,000
  • April '23 Apr '23 $556,500
  • March '23 Mar '23 $534,500
Median Down Payment i
$73,000
(Feb 2024)
+94.7%
year-over-year
y-o-y
  • February '24 Feb '24 $73,000
  • January '24 Jan '24 $102,000
  • December '23 Dec '23 $55,750
  • November '23 Nov '23 $91,062
  • October '23 Oct '23 $84,000
  • September '23 Sep '23 $106,950
  • August '23 Aug '23 $68,400
  • July '23 Jul '23 $74,000
  • June '23 Jun '23 $70,750
  • May '23 May '23 $77,600
  • April '23 Apr '23 $67,200
  • March '23 Mar '23 $80,710
Number of Homes Sold i
165
(Feb 2024)
+3.1%
year-over-year
y-o-y
  • February '24 Feb '24 165
  • January '24 Jan '24 155
  • December '23 Dec '23 157
  • November '23 Nov '23 128
  • October '23 Oct '23 177
  • September '23 Sep '23 168
  • August '23 Aug '23 173
  • July '23 Jul '23 169
  • June '23 Jun '23 213
  • May '23 May '23 224
  • April '23 Apr '23 189
  • March '23 Mar '23 194
Number of Purchase Loans i
132
(Feb 2024)
-23.3%
year-over-year
y-o-y
  • February '24 Feb '24 132
  • January '24 Jan '24 165
  • December '23 Dec '23 172
  • November '23 Nov '23 146
  • October '23 Oct '23 174
  • September '23 Sep '23 171
  • August '23 Aug '23 175
  • July '23 Jul '23 166
  • June '23 Jun '23 177
  • May '23 May '23 234
  • April '23 Apr '23 182
  • March '23 Mar '23 187
Number of REFI Loans i
110
(Feb 2024)
+69.2%
year-over-year
y-o-y
  • February '24 Feb '24 110
  • January '24 Jan '24 123
  • December '23 Dec '23 91
  • November '23 Nov '23 82
  • October '23 Oct '23 110
  • September '23 Sep '23 96
  • August '23 Aug '23 95
  • July '23 Jul '23 73
  • June '23 Jun '23 100
  • May '23 May '23 112
  • April '23 Apr '23 85
  • March '23 Mar '23 79
Number of HELOC Loans i
46
(Feb 2024)
+12.2%
year-over-year
y-o-y
  • February '24 Feb '24 46
  • January '24 Jan '24 49
  • December '23 Dec '23 41
  • November '23 Nov '23 38
  • October '23 Oct '23 52
  • September '23 Sep '23 48
  • August '23 Aug '23 57
  • July '23 Jul '23 32
  • June '23 Jun '23 50
  • May '23 May '23 52
  • April '23 Apr '23 46
  • March '23 Mar '23 38

Menifee, CA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Menifee, CA Foreclosure Activity

There were a total of 26 Menifee, CA properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 21 Menifee, CA properties and repossessed 1 Menifee, CA properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
26
(Feb 2024)
+36.8%
year-over-year
y-o-y
  • February '24 Feb '24 26
  • January '24 Jan '24 16
  • December '23 Dec '23 15
  • November '23 Nov '23 30
  • October '23 Oct '23 29
  • September '23 Sep '23 26
  • August '23 Aug '23 25
  • July '23 Jul '23 31
  • June '23 Jun '23 29
  • May '23 May '23 32
  • April '23 Apr '23 39
  • March '23 Mar '23 21
Foreclosure Starts i
21
(Feb 2024)
+110%
year-over-year
y-o-y
  • February '24 Feb '24 21
  • January '24 Jan '24 7
  • December '23 Dec '23 12
  • November '23 Nov '23 19
  • October '23 Oct '23 23
  • September '23 Sep '23 19
  • August '23 Aug '23 18
  • July '23 Jul '23 22
  • June '23 Jun '23 22
  • May '23 May '23 27
  • April '23 Apr '23 30
  • March '23 Mar '23 15
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 3
  • April '23 Apr '23 2
  • March '23 Mar '23 5
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