Menifee, AR is a great place to live and buy a house. The median value of a home in Menifee is $95,500, which is significantly lower than the US median value of $338,100. Over the past year, homes in Menifee have appreciated by 9.77%, compared to an 8.27% appreciation rate nationwide. This makes Menifee an attractive option for those looking for low-cost housing that has seen strong appreciation recently.
The median home cost in Menifee is $95,500. Home appreciation the last 10 years has been 52.4%. Home Appreciation in Menifee is up 18.8%.
Average Age of Homes
- The median age of Menifee real estate is 31 years old
The Rental Market in Menifee
- Renters make up 14.7% of the Menifee population
- 3.4% of houses and apartments in Menifee, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.