In June 2019, there were 146 homes sold, with a median sale price of $345,000 - a 4.5% increase over the $330,000 median sale price for the same period of the previous year. There were 162 homes sold in Menifee in June 2018.
The median sales tax in Menifee for the most recent year with available data, 2016, was $3,099, approximately 0.9% of the median home sale price for June 2019.
The following table compares Menifee to other Riverside County cities with similar median sales prices in June 2019:
City | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Palm Desert | 206 | 191 | 7.9% | $359,000 | $330,000 | 8.8% |
Nuevo | 7 | 7 | 0% | $355,000 | $335,000 | 6% |
Beaumont | 69 | 77 | -10.4% | $350,000 | $320,000 | 9.4% |
Mountain Center | 4 | 5 | -20% | $347,750 | $295,000 | 17.9% |
Moreno Valley | 172 | 216 | -20.4% | $345,000 | $325,000 | 6.2% |
Menifee | 146 | 162 | -9.9% | $345,000 | $330,000 | 4.5% |
Thousand Palms | 1 | 8 | -87.5% | $345,000 | $235,000 | 46.8% |
Lakeland Village | 5 | 4 | 25% | $340,000 | $235,000 | 44.7% |
Cherry Valley | 6 | 4 | 50% | $334,500 | $362,000 | -7.6% |
Cathedral City | 64 | 70 | -8.6% | $332,000 | $313,500 | 5.9% |
Indio | 105 | 128 | -18% | $329,500 | $310,000 | 6.3% |