Market Report

Here is the latest for The Lakes

Around 107,020 people live in Menifee, and 80% of them own where they live. There are 9 homes on the market today, asking a median of $574,000. Over the past 90 days 6 have sold, at a median of $615,000, typically 21 days after listing.

These figures are for all of Menifee. The Census doesn't count The Lakes on its own.

$574,000
Median asking price: $615,000
Median sale price: 100.0%
Sale to asking price

Market performance

9
Homes for sale: 6
Sold, last 90 days: 21
Median days on market: $258
Price per square foot

Want to go deeper?

A median is not an appraisal. If you are weighing a move in The Lakes, we will tell you what your own home is worth and what the number means for your timing.

Value my home

Schools

19 public schools serve The Lakes, across 4 districts. The full list, with how each performs against the California average, is on the area guide.

Read the The Lakes guide

On the market in The Lakes

Get new The Lakes homes by email

The day one lists, it comes to your inbox. No password, and you can stop any time.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Displayed by The Hertz Group, DRE# 02150303. Display of MLS data is usually deemed reliable but is not guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the listing agent may have been included in the MLS data. Unless otherwise specified in writing, the broker/agent has not and will not verify any information obtained from other sources. The broker/agent providing the information contained herein may or may not have been the listing and/or selling agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Market figures from the California Regional MLS, updated daily. Population and household figures from the U.S. Census Bureau, American Community Survey 2023 5-year estimates. Medians describe the market, not any individual home.