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Featured local agent — Miranda, CA
Sarah Mitchell
Compass Real Estate · Miranda, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Miranda, CA Housing Market
The last median sale price Redfin published was $500,000, +9.9% year over year (through May 2026). With 3.0 months of supply, Miranda is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $500,000 home is about $2,571/mo in principal and interest.
Key numbers for Miranda, CA
Median sale price
$500,000
+9.9% year over year
Redfin, through September 2025
Active listings
3
3.0 months of supply
Redfin, through September 2025
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Sale-to-list ratio
90.9%
Selling below asking
Redfin, through September 2025
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Miranda a buyer's or seller's market?
Miranda, CA is a balanced market, based on 3.0 months of supply. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Miranda housing market data show?
Every row below is Redfin's final published month for Miranda, CA. Redfin, through September 2025
| Metric | Value |
|---|---|
| Median sale price | $500,000 |
| Year-over-year price change | +9.9% |
| Median price per sq ft | $278/sq ft |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 90.9% |
| Homes sold (that month) | 1 |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Miranda is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Miranda is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Miranda home prices moved?
Across the 13 months we hold for Miranda, CA, the median sale price rose 5.3%, from $475,000 in August 2021 to $500,000. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 90.9%. Watch those two together — they move before the median does.
Redfin, through September 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Miranda?
Priced off the median sale price of $500,000 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $100,000 | $400,000 | $2,571/mo |
| 5% | $25,000 | $475,000 | $3,052/mo |
Redfin, through September 2025 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,571, that implies roughly $110,165 a year before you add taxes and insurance. We do not hold a Census income figure for Miranda, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Miranda in the next 12 months?
Tell us your timeline. We send the Miranda market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Miranda?
Zillow does not publish a rent index (ZORI) for Miranda, CA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Miranda?
Active listings in Miranda, CA went from 1 in January 2022 to 3 in September 2025, a +200.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| January 2022 | 1 | 1 |
| February 2022 | 1 | 1 |
| June 2022 | 3 | 1 |
| September 2022 | 4 | 2 |
| December 2023 | 2 | not published |
| September 2024 | 3 | 1 |
| November 2024 | 1 | not published |
| April 2025 | 3 | not published |
| May 2025 | 3 | 2 |
| August 2025 | 4 | 1 |
| September 2025 | 3 | not published |
Redfin, through September 2025
How does Miranda compare to California and the U.S.?
Miranda homes sell for $500,000 — 44% below the California median of $887,400. Against the national median of $410,700, Miranda runs 22% higher. Year-over-year, Miranda moved +9.9% against California's +3.4% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Miranda, CA | $500,000 | +9.9% | not published |
| California statewide | $887,400 | +3.4% | 33 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through September 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Miranda
What buyers should watch
- Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $482 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $500,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- Homes here close at 90.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Miranda varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Miranda
There are currently 3 homes listed for sale in Miranda, California.
Active listings
3
Homes on market
How much do homes cost in Miranda by property type?
How the Miranda, CA market breaks down across single-family homes, condos and townhouses. Redfin, through September 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $500,000 | $278/sq ft | 1 | not published |
Who lives in Miranda?
American Community Survey estimates for Miranda. U.S. Census ACS, 2023
Population
380
Households
175
Median age
24.6 years
Owner-occupied
69.1%
Median home value
$402,400
69.1% of occupied homes in Miranda are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Miranda?
2 schools tracked · 299 students
The largest public schools serving Miranda, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
South Fork High
Grades 9-12 · 202 students
Miranda Junior High
Grades 7-8 · 97 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Miranda, CA?
Ordered by distance from Miranda, not by size. Compare Miranda side by side with any of them.
Miranda housing market FAQ
Is Miranda a buyer's or seller's market?
Miranda, CA is currently a balanced market. That read comes from 3.0 months of supply, and sellers getting 90.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Miranda?
The median sale price in the last month Redfin published was $500,000, about $278 per square foot.
Is Miranda cheaper than the rest of California?
Miranda's median sale price of $500,000 is 44% lower than the California statewide median of $887,400, and 22% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Miranda?
We do not hold a days-on-market figure for Miranda, CA. Redfin stopped publishing its public market tracker in June 2026, so this metric is frozen wherever it exists and missing where it never landed.
What income do you need to buy a home in Miranda?
At the current 30-year fixed rate of 6.66%, 20% down on a $500,000 home is about $2,571 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $110,165 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in Miranda?
Redfin's last published year-over-year change for Miranda, CA was +9.9%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Miranda?
Miranda ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Miranda?
That depends on your timeline, not on a headline. What the data says today: Miranda, CA is a balanced market with 3.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $500,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.