Housing in Menifee, CA (92586) is currently valued at $393,000, which is higher than the national median value of $338,100. Over the past year, it has seen a 9.15% house appreciation rate, which is higher than the 8.27% national 1 year house appreciation rate. Menifee provides its residents with affordable and desirable housing in a desirable area of California. This makes Menifee an attractive place for individuals and families looking to buy or rent houses in Southern California.
The median home cost in Menifee (zip 92586) is $393,000. Home appreciation the last 10 years has been 193.0%. Home Appreciation in Menifee (zip 92586) is up 17.4%.
Average Age of Homes
- The median age of Menifee (zip 92586) real estate is 36 years old
The Rental Market in Menifee (zip 92586)
- Renters make up 26.1% of the Menifee (zip 92586) population
- 0.4% of houses and apartments in Menifee (zip 92586), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.