In March 2019, there were 134 homes sold, with a median sale price of $347,250 - a 3.2% increase over the $336,500 median sale price for the same period of the previous year. There were 152 homes sold in Menifee in March 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 March 2019.
The following table compares Menifee to other Riverside County cities with similar median sales prices in March 2019:
| City | Mar. 2019 Home Sales | Mar. 2018 Home Sales | % change (Total Home Sales) | Mar. 2019 Median Sales Price | Mar. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Rubidoux | 10 | 21 | -52.4% | $383,500 | $371,000 | 3.4% |
| Idyllwild-Pine Cove | 8 | 12 | -33.3% | $370,000 | $286,000 | 29.4% |
| Lake Elsinore | 55 | 75 | -26.7% | $356,000 | $364,500 | -2.3% |
| Palm Desert | 212 | 246 | -13.8% | $353,750 | $325,000 | 8.8% |
| Cathedral City | 59 | 69 | -14.5% | $349,000 | $292,000 | 19.5% |
| Menifee | 134 | 152 | -11.8% | $347,250 | $336,500 | 3.2% |
| Nuevo | 5 | 10 | -50% | $330,000 | $330,000 | 0% |
| Beaumont | 35 | 65 | -46.2% | $330,000 | $315,000 | 4.8% |
| Moreno Valley | 151 | 202 | -25.2% | $325,000 | $317,500 | 2.4% |
| Indio | 116 | 131 | -11.5% | $317,500 | $300,000 | 5.8% |
| Perris | 78 | 90 | -13.3% | $316,500 | $291,000 | 8.8% |
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