92586 Home Values & Market Trends
There are 90 homes currently listed for 92586. 92586 real estate market trends show that home prices range from $65,000 to $2,000,000, and the median sales price in the 92586 zip code is $395,816.86. The total number of properties sold within the past twelve months is 556. In 92586, 51 properties are in foreclosure, 4 are bank owned properties,and 6 are headed for auction.
Housing Market Summary for 92586
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $385K | $378.8K | -1.62% |
Median Sold Price | $397.3K | $378.8K | -4.68% |
Homes For Sale | 80 | 90 | 12.50% |
Homes Sold | 405 | 398 | -1.73% |
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 92586
Browse Homes in 92586
The median list price of a home in Menifee, is $395,816.86. A total of 90 properties are for sale, and the percentage of properties for sale in the zip code is 90.00%. The total count of 92586 properties is 9,968.
- Pre-ForeclosurePre-foreclosure homes account for 0.41% of all residential properties in 92586 with menifee containing 145 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92586; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,228,625 in menifee to the lowest home value of $175,000 in menifee.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 92586 ranges from the highest value of $572,000 in menifee to the lowest value of $328,250 in menifee. Bank owned homes and properties account for 0.04% of properties in 92586. There is 1 cities within 92586; menifee containing 9 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmenifee has 19 auction properties, the highest number of properties going to auction in a single city in the state of 92586. Auction homes and other auction properties account for 0.06% of all properties in 92586. There is 1 cities within 92586; of that cities, the median estimated home value for homes going to auction ranges from $894,000 in menifee to the lowest value of $342,287 in menifee.
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Guide for 92586
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.
The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.