5 beds · 3 baths · 2,302 sqft
REALTY ONE GROUP ROADS
53 homes in 92583
Menifee, CA
5 beds · 3 baths · 2,302 sqft
REALTY ONE GROUP ROADS
5 beds · 3 baths · 2,208 sqft
Redfin Corporation
2 beds · 1 baths · 672 sqft
Nesta Realty, Inc.
4 beds · 2 baths · 2,087 sqft
Greene Light Realty Services
4 beds · 2 baths · 2,087 sqft
Mainstay Brokerage Inc.
4 beds · 3 baths · 2,383 sqft
Realty Vault
1 beds · 1 baths · 400 sqft
Feigen Realty Group
4 beds · 3 baths · 2,460 sqft
Coldwell Banker Assoc.Brkr-Mur
5 beds · 3 baths · 2,441 sqft
eXp Realty of Greater Los Angeles
2 beds · 2 baths · 1,040 sqft
Century 21 Masters
4 beds · 3 baths · 1,975 sqft
Keller Williams Beverly Hills
2 beds · 2 baths · 1,015 sqft
eXp Realty of California, Inc.
1 beds · 1 baths · 400 sqft
Feigen Realty Group
3 beds · 2 baths · 1,573 sqft
Keller Williams Realty
3 beds · 2 baths · 1,325 sqft
Berkshire Hathaway HomeServices California Properties
1 beds · 1 baths · 600 sqft
Feigen Realty Group

About Menifee: The 92583 ZIP code is in Menifee, CA. Menifee is a city in Riverside County, California, United States, and is part of the Inland Empire. Named after a local miner, Luther Menifee Wilson, it was settled in the 19th century, and incorporated as a city in 2008. As of the 2020 census, Menifee had a population of 102,527.
Today, the 92583 area has 53 homes for sale with a median listing price of $420K. The average price per square foot is $265.
Topfind Market Read
Buyers hold the edge right now. Sale prices have eased 10% over the last six months and are 9% below a year ago, and 36% of sellers have trimmed their asking price. At the same time, supply sits at 4.1 months, roughly in step with demand, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$420K
↓ 9% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.1 months of supply
Balanced Supply53 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~50 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The slowdown has deepened 20% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 51% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92583 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
80%
Homeowners
20%
Renters
Homeownership is 24.5 points higher than the California average (55.5%)
35,034 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $102K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$173K)
Price Reductions
19 listings have reduced their price
36% of active listings
Average reduction: 5.0% (~$21K)
Browse homes for sale in cities near Menifee
There are currently 53 homes for sale in 92583, ranging from $79,900 to $839,500. 2 of them hit the market within the last week.
The median list price in 92583 is $420,000. Price per square foot averages $265. Prices are down 9.2% compared to a year ago.
Homes in 92583 currently average 50 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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