1 / 31
NEW 14 HRS AGO
VIRTUAL TOUR
$349,900FOR SALE
3 beds · 2 baths · 1,308 sqft
BHHS Ranch & Coast Real Estate
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105 homes in 92586
Homes for Sale in 92586
Menifee, CA
28811 Carmel, Sun City, CA 92586
1 / 20
3D TOUR
$539,900FOR SALE
3 beds · 2 baths · 1,818 sqft
Redfin Corporation
1 / 20
Price cut: $50,000 (8/21)
VIRTUAL TOUR
$699,000FOR SALE
3 beds · 3 baths · 3,264 sqft
Real Brokerage Technologies
1 / 26
Price cut: $36,000 (6/11)
VIRTUAL TOUR
$369,000FOR SALE
3 beds · 2 baths · 1,618 sqft
Excel Preferred Realty
1 / 20
Price cut: $20,000 (8/4)
VIRTUAL TOUR
$519,000FOR SALE
2 beds · 3 baths · 2,015 sqft
Coldwell Banker West
1 / 20
Price cut: $4,900 (8/25)
VIRTUAL TOUR
$495,000FOR SALE
3 beds · 2 baths · 1,326 sqft
BRIX Realty
1 / 13
Price cut: $30,000 (6/23)
OPEN SATURDAY, 5PM - 9PM
$279,900FOR SALE
2 beds · 1 baths · 992 sqft
Realty ONE Group West
1 / 20
Price cut: $22,000 (7/25)
VIRTUAL TOUR
$367,000FOR SALE
2 beds · 2 baths · 992 sqft
eXp Realty of California, Inc.
1 / 20
Price cut: $100,000 (6/21)
$675,000FOR SALE
5 beds · 3 baths · 3,334 sqft
LPT Realty, Inc
1 / 42
3D TOUR
$475,000FOR SALE
3 beds · 2 baths · 1,098 sqft
Redfin Corporation
1 / 20
VIRTUAL TOUR
$319,000FOR SALE
2 beds · 2 baths · 1,943 sqft
Real Brokerage Technologies
1 / 20
Price cut: $21,000 (7/11)
VIRTUAL TOUR
$279,000FOR SALE
2 beds · 2 baths · 1,285 sqft
LPT Realty, Inc
1 / 20
Price cut: $25,999 (6/11)
3D TOUR
$419,000FOR SALE
3 beds · 2 baths · 1,308 sqft
ehomes
1 / 20
Price cut: $25,000 (6/24)
$290,000FOR SALE
2 beds · 1 baths · 1,189 sqft
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
1 / 20
$649,900FOR SALE
5 beds · 3 baths · 3,399 sqft
eXp Realty of Greater Los Angeles
1 / 20
$509,000FOR SALE
2 beds · 2 baths · 1,180 sqft
Coldwell Banker Realty
About 92586 Real Estate
About Menifee: The 92586 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 92586 area has 105 homes for sale with a median listing price of $465K. The average price per square foot is $298.
92586 Area Market Pulse
Topfind Market Read
The picture is mixed here. Supply sits at 3.2 months, roughly in step with demand, yet 40% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$465K
↓ 2% over the past yearChart shows the median closed sale price by month
$451.4K$409K$367.9K$326.7K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
3.2 months of supply
Balanced Supply105 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
3.2
0369+
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.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
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 trend is moving the other way though, with selling times down 32% over the last six months.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 57% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 92586 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
HomeownersRenters
80%
Homeowners
20%
Renters
Homeownership is 24.5 points higher than the California average (55.5%)
Higher ownership rates often reflect more stable neighborhoods and longer-term residents.
35,034 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
1 Bed$255K
2 Bed$375K
3 Bed$505K
4 Bed$633K
5 Bed$715K
Each additional bedroom adds about $115K in value on average.
Price Reductions
42
42 listings have reduced their price
40% of active listings
Average reduction: 3.7% (~$17K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Menifee
Frequently Asked Questions about Homes for Sale in 92586, CA
How many homes are for sale in 92586, CA?
There are currently 105 homes for sale in 92586, ranging from $73,000 to $950,000. 10 of them hit the market within the last week.
What is the median home price in 92586?
The median list price in 92586 is $465,000. Price per square foot averages $298. Prices are down 1.8% compared to a year ago.
How fast do homes sell in 92586?
Homes in 92586 currently average 51 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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