92587 Menifee housing market
The median sale price in the 92587 ZIP code rose to $530,000 in the six months to October 2026. About two in three sold above asking, after a median 12 days on the market. About 2.8 months of supply.
May to October 2026 · updated November 2, 2026
ZIP 92587: the six months in numbers
Closed home sales May to October 2026, and the homes for sale on November 2, 2026. Totals and medians only, never a single address.
Against the last asking price
- 19 above asking (about two in three)
- 3 at asking (about one in ten)
- 6 below asking (about one in five)
What is happening in ZIP 92587
28 homes closed in the 92587 ZIP code in Menifee between May and October 2026. The median sale price was $530,000, or $392 a square foot. The typical home spent 12 days on the market: half sold faster than that, half slower.
About two in three sold above the last asking price (19 of 28). 3 sold right at asking and 6 below it. More buyers paid over the number than under it, which is what competition looks like on paper.
The median price was $9,000 above the $521,000 of a year earlier (May to October 2025). There were 13 fewer sales than the 41 of that period. Homes sold 11 days faster at the median (23 days then).
13 homes were listed for sale in the 92587 ZIP code on November 2, 2026. At the pace homes sold over the last six months, that is about 2.8 months of supply, well under the four to six months usually read as balanced, so sellers hold the stronger hand.
Months of supply is the number of homes for sale divided by the number that sold in a typical month. Four to six months is the range usually read as balanced.
Against a year earlier
May to October 2026 against the same six months a year before (May to October 2025), so the season is the same on both sides.
| Measure | May to October 2026 | May to October 2025 | Change |
|---|---|---|---|
| Closed sales | 28 | 41 | 13 fewer |
| Median sale price | $530,000 | $521,000 | Up $9,000 |
| Median price per sq ft | $392 | $340 | Up $52 |
| Median days on market | 12 days | 23 days | 11 days faster |
| Sold above asking | 19 | 17 | 2 more |
| Sold below asking | 6 | 13 | 7 fewer |
Residential sales that closed May to October 2026, compared with May to October 2025; homes for sale as of November 2, 2026. Covers sales inside ZIP 92587 recorded as Menifee, or under one of the neighborhood names the MLS uses as a city there. Areas with fewer than 8 closed sales in the six months get no report, and a year-earlier comparison shows only when that period also reached 8.
Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2026 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.