Menifee, CA 92587 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Menifee, CA — 92587
Market Hotness
36
Hotness Rank
#9,305
Hotness Score
36
Supply Score
34
Demand Score
37
DOM vs US
+6.8%
Slower
Price vs US
186%
Above avg
Median Listing Price
$799K
Population
18,218
Households
869,414
Median Days on Market
60
Active Listings
113
New Listings
52
Housing Market
Pricing
Median Listing Price
$799K
+10.8% YoY
Average Listing Price
$1.00M
+6.0% YoY
Price per Sq Ft
$399
+3.5% YoY
Median Sq Ft
2,221
+3.6% YoY
Inventory
Active Listings
113
+13.0% YoY
New Listings
52
+44.4% YoY
Total Listings
144
+18.6% YoY
Buyer Competition
Pending Listings
30
+33.3% YoY
Pending Ratio
0.27
+4.0% YoY
Median Days on Market
60
+16.0% YoY
Price Reduced
24.5%
-13.2% YoY
FY2026 Fair Market Rent — Riverside County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,692
/month
1 BR
$1,777
/month
2 BR
$2,201
/month
3 BR
$2,912
/month
4 BR
$3,514
/month
FMR Trends — Riverside County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
37.0
2024
Population
ZIP Population
18,218
-0.9% YoY
Riverside County Population
2,529,933
+1.1% YoY
Households
Total Housing Units
869,414
+1.1% YoY
Age
2024 Age Mix
2.5M
residents
Under 18
597,369
24.1%
Adults 18–64
1,498,343
60.5%
65 & Over
382,888
15.4%
Age Composition Over Time
2017–2024
Population Under 18
597,369
-0.2% YoY
Population 65 & Over
382,888
+3.2% YoY
Median Age
37.00
+0.8% YoY
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