92587 Home Values & Market Trends
There are 602 homes currently listed for 92587. 92587 real estate market trends show that home prices range from $66,350 to $4,199,500, and the median sales price in the 92587 zip code is $699,950. The total number of properties sold within the past twelve months is 346. In 92587, 30 properties are in foreclosure, 12 are bank owned properties,and 1 are headed for auction.
92587 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Menifee | $ 586,217 $ 285/sqft |
Housing Market Summary for 92587
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $729K | $700K | -3.98% |
| Median Sold Price | $653.5K | $649.2K | -0.66% |
| Homes For Sale | 408 | 602 | 47.55% |
| Homes Sold | 152 | 107 | -29.61% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 92587
Browse Homes in 92587
The median list price of a home in Menifee, is $699,950. A total of 602 properties are for sale, and the percentage of properties for sale in the zip code is 602.00%. The total count of 92587 properties is 767.
- Pre-ForeclosurePre-foreclosure homes account for 2.22% of all residential properties in 92587 with menifee containing 118 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92587; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,103,770 in menifee to the lowest home value of $279,997 in menifee.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 92587 ranges from the highest value of $1,399,900 in menifee to the lowest value of $199,900 in menifee. Bank owned homes and properties account for 1.56% of properties in 92587. There is 1 cities within 92587; menifee containing 28 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmenifee has 22 auction properties, the highest number of properties going to auction in a single city in the state of 92587. Auction homes and other auction properties account for 0.13% of all properties in 92587. There is 1 cities within 92587; of that cities, the median estimated home value for homes going to auction ranges from $1,557,429 in menifee to the lowest value of $312,528 in menifee.
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Guide for 92587
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
