Menifee Real Estate
Menifee is a newly incorporated city and one of the fastest growing cities in Riverside County. It is within the Temecula Valley area just 8 miles north-east of Murrieta. With an anticipated population of 100,000 in the next few years Menifee is a huge endorser of new development within its city. Centrally located between the 215 and 15 freeways this is a commuters dream with easy freeway access, big NEW homes at affordable prices. It is easy to see why so many people have moved to the area as Menifee is poised to become another family friendly city in the coming years.
Menifee has long been known for the 55+ communities on the edges of the city. But with all of the new construction, Menifee is ready for your growing family and is investing in the infrastructure to support it! Menifee definitely needs to be on your short list of cities to learn about within the Temecula Valley.
Predominantly first time home-buyers and the most common financing types utilized by buyers in the area are FHA and VA.
Condo’s 55+ only sold for an average of $131,461 in 2015.
The average Single Family Home under 2000 sq. ft. sold for an average of $257,600 in 2015.
The average Single Family Home between 2000-4000 sq. ft. sold for an average of $346,101 in 2015
Menifee is not known for having luxury parties, but does still have some large lots for a Ranch available.