What is the median price for Condos & Condominiums in Menifee?

The median price for Condos & Condominiums in Menifee, CA is $309,000 based on 53 recent closed sales.

Is the Menifee market hot for condos & condominiums?

The Menifee condos & condominiums market is currently cold with 4.4 months of supply and 4.4 closed sales per month.

How do I get an appraisal for a condos & condominiums in Menifee?

Call (909) 266-0644, text (909) 566-2866, or schedule online at ScheduleAppraisal.com. Certified residential appraisals start at $350.

Riverside County · 🏢 Condos & Condominiums

Updated today · based on latest MLS activity

Condos & Condominiums Market Report — Menifee, CA

Median price $309,000 with a cold market, 53 closed sales, and 4.4 months of supply.

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Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906

Market Summary

$309,000

Median Price

$278.1/sf

Median PSF

-9.8%

Price Change

Cold

Market Temperature

4.4 mo

Absorption Rate

📉 Buyer

Market Type

What's Your Condos & Condominiums Worth in Menifee?

Based on 53 recent closed sales, a typical condos & condominiums in Menifee falls in this range:

$247,200 – $370,800

Actual value depends on size, condition, location, and lot. Text your address for a precise estimate.

Text (909) 566-2866 for Your Value →

Supply & Demand

Activity

Active listings: 13

Pending: 2

Closed / month: 4.4

Market balance: Buyer Strong

Recommendation

Use recent condos & condominiums sales to price for a cold market in Menifee.

Review pending count and active supply before making price or offer timing decisions in this cold segment.

Inventory

Active

Pending

Closed 30d

Closed 90d

$309,000

Median Active Price

123

Avg Days Active

Monthly Trend Chart

$531,995

25-11

$299,900

25-12

$279,150

26-01

$540,495

26-02

$505,000

26-03

$455,000

26-04

$293,750

26-05

$289,000

26-06

$393,000

26-07

$517,995

26-09

$280,000

26-10

📉 Falling trend · 4.4 sales/month average

Recent Sales

25871 Mccall

Close Price: $295,000

Close Date: 2026-10-16

Beds / Baths: 2 / 2

Sq Ft: 1,378

$/sf: $214

26809 Millerton

Close Price: $475,221

Close Date: 2026-10-16

Beds / Baths: 2 / 2

Sq Ft: 1,121

$/sf: $424

28132 Winged Foot

Close Price: $260,000

Close Date: 2026-10-13

Beds / Baths: 1 / 1

Sq Ft: 729

$/sf: $357

25621 Cherry Hills

Close Price: $220,000

Close Date: 2026-10-13

Beds / Baths: 2 / 2

Sq Ft: 1,062

$/sf: $207

26044 Verde Grande

Close Price: $315,000

Close Date: 2026-10-07

Beds / Baths: 2 / 2

Sq Ft: 1,285

$/sf: $245

What to Know About Condos & Condominiums in Menifee

Condominiums in Menifee serve a distinct slice of the Inland Empire market where buyers balance payment sensitivity with convenience, amenities, and lower maintenance ownership. The clearest pricing differences usually come from HOA quality, project reputation, parking, and whether a unit feels competitive with nearby entry-level detached options.

For Condo Buyers & Investors in Menifee

Condo valuations in Menifee depend heavily on HOA financials, special assessment history, and comparable sales within the same complex. Lenders scrutinize condo project approval status, warrantability, and owner-occupancy ratios.

Thomas Appraisal has deep experience with condo valuations across Southern California. Whether you are buying, selling, or refinancing, get a certified appraisal that reflects true market value — not just the last sale in the building.

Condos & Condominiums FAQ

What should I compare first for condo comps in Menifee?

For condos in Menifee, buyers usually compare the complex first and the unit second. HOA quality, amenities, parking, floor level, view, and monthly dues often matter as much as square footage when explaining price differences.

Do HOA dues affect condo value in Menifee?

Yes. Higher dues can be supported when they clearly cover strong amenities, exterior maintenance, or gated access, but they can also cap buyer affordability. In Menifee, condo pricing works best when you compare units with similar HOA obligations and community quality.

Should attached and detached condos be mixed together?

Usually no. Detached condos in Menifee often compete with small single-family homes, while attached units compete more directly inside the same project type. Keeping those groups separate helps preserve a cleaner value range.

Why do condo values vary so much between neighboring communities?

Condo buyers in the Inland Empire are highly sensitive to community feel, financing friendliness, and shared-area maintenance. Two nearby projects in Menifee can show very different pricing if one has stronger upkeep, better parking, or lower perceived risk.

Your Appraiser: Lionel Newman Thomas

Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906

Certified Residential Real Estate Appraiser with 17 years of experience serving the Inland Empire and greater Southern California. Lionel provides accurate, defensible valuations backed by CRMLS data and deep local market knowledge.

📞 (909) 266-0644 💬 Text (909) 566-2866