Menifee Real Estate Market Trends

Market Overview for Quarter 3, 2024


Median Sale Price

$570K

-0.9% YoY


Median Price/Sqft

$290

10.7% YoY


No. of Transactions

112

-80.8% YoY


County Median Sale Price

$605K

5.2% YoY

In Q3, the median home sale price in Menifee was $570K, a change of -0.9% year-over-year. There were a total of 112 transactions, down -80.8% compared to the same period last year. In Q3, the median price per square foot was $290, a change of 10.7% year-over-year. The median home sale price in Riverside County was $605K.

Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.

Menifee Median Sale Price

Menifee Median Sale Price Per Square Foot

Menifee Transactions

Top Cities in Riverside County

Ranking City Median Sale Price
1 Rancho Mirage $973,000
2 Temecula $785,500
3 Corona $750,000
4 LA Quinta $733,000
5 Jurupa Valley $685,000
6 Murrieta $670,000
7 Riverside $669,250
8 Winchester $639,000
9 Wildomar $630,000
10 Palm Desert $591,250
11 Perris $580,000
12 Lake Elsinore $575,250
13 Indio $570,500
14 Menifee $570,000
15 Palm Springs $555,000
16 Moreno Valley $552,500
17 Beaumont $537,500
18 San Jacinto $480,000
19 Hemet $460,000
20 Cathedral City $439,000
21 Banning $399,000
22 Desert Hot Springs $370,000

Residential Property Types Sold in Menifee

Property Type Median Sale Price Y-o-Y Change Median Sale Price/Sq. Ft Y-o-Y Change Transactions
Condo $322K 18.3% $268 11.2% 5
House $580K 0.4% $290 10.7% 107

In Q3, the median sale price for houses in Menifee was $580K, showing no significant change year-over-year. Menifee condos on the other hand, showed positive pricing trends, gaining 18.3% year-over-year. As a result, the Q3 median sale price for condos in Menifee reached $322K.

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