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Menifee · Homes for Sale

Menifee Homes for Sale Under $300,000

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Every listing on this page is in Menifee and priced under $300,000; the notes explain the market around it. In the Census ACS 2020-2024 estimates, 12% of owner-occupied homes in Menifee are valued under $300,000.

Lowest Neighborhood Medians

Redfin tracked lower medians in Menifee Town Center at $500,000 (9 sales, 44 median days), Menifee Lakes Country Club at $554,000 (42 sales, 43 median days), Menifee Village at $562,000 (55 sales, 40 median days) and Menifee East at $647,000 (8 sales, 35 median days). Each sits above $300,000, so listings this low are likely to be smaller condos, co-ops or manufactured homes.

ZIP Level Census Data

In 92586, owners estimate a median value of $382,000; 72% of occupied homes are owned and the typical home dates to 1980. ZIP 92584 shows a median owner value of $599,000, 85% owner-occupied homes and a median build year of 2006.

Market Pace

Condo and co-op units in Menifee spent a median of 62 days on market. The September count of condo and co-op units for sale stood near 22.

Price Points

Redfin logged 11 condo and co-op units sold in Menifee at a $475,000 median. Per square foot, condos and co-ops sold at a median of $311.

The Local Housing Mix

Mobile and manufactured homes are 7% of Menifee housing units in ACS 2020-2024. The Census places 4% of Menifee homes in larger buildings of five units or more. The Census ACS 2020-2024 median value for owner-occupied Menifee homes is $537,000.

Costs to Check

For a manufactured home, ask about space rent and park rules. Compare total monthly cost, not just price. FHA loans on condos need a project the program accepts. General information, not lending, legal or tax advice; a licensed lender or tax pro can speak to your case.

Planning to sell too? Request a free home value for your current home.

See also: Menifee homes under $400,000.

Data: Redfin, a national real estate brokerage, Jul-Sep 2026; U.S. Census ACS 2020-2024 5-year.

Jay Romero, Broker, DRE 01343079 | Miamar Realty | Call (949) 822-8702

Miamar Realty | Corporate DRE #02192235 | 14241 Firestone Blvd #400, La Mirada, CA 90638 | Equal Housing Opportunity.

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