139 homes in near Menifee Preschool
Homes for Sale near Menifee Preschool
Menifee, CA
About Homes near Menifee Preschool
About Menifee: Menifee Preschool is located in Menifee. 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.
These are homes for sale within about 2 miles of Menifee Preschool in Menifee. The area around the school has 139 active listings.
Menifee Preschool Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 7% over the last six months and 1% over the past year, yet the typical home takes about 60 days to sell, and 36% 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.
Median Home Price
$615K
↑ 1% 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
2.9 months of supply
Tight Supply139 active listings against the current sales pace works out to about 2.9 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~60 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 31% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Menifee Preschool 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 increase with bedroom count, though premiums vary by size.
Each additional bedroom adds about $109K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$157K)
Price Reductions
50 listings have reduced their price
36% of active listings
Average reduction: 4.5% (~$28K)
Menifee Preschool Area Market Overview
Menifee Preschool is part of the Menifee Union district. The homes shown here are near Menifee Preschool rather than confirmed within an attendance zone, so verify enrollment eligibility with the district. The median list price in the Menifee Preschool area is $614,900. That runs roughly 3.2% lower than Menifee as a whole. Current inventory stands at 139 active listings. February to July saw the median price go from $575,000 to $550,000, down about 4.3%.
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Frequently Asked Questions about Homes near Menifee Preschool
How many homes are for sale in Menifee Preschool Area, CA?
There are currently 139 homes for sale in Menifee Preschool Area, ranging from $279,900 to $1,977,000. 20 of them hit the market within the last week.
What is the median home price in Menifee Preschool Area?
The median list price in Menifee Preschool Area is $614,900. Price per square foot averages $320. Prices are up 1.0% compared to a year ago.
How fast do homes sell in Menifee Preschool Area?
Homes in Menifee Preschool Area currently average 60 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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