Rancho Mirage, CA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Rancho Mirage, CA is $939,000, up 6.1% year-over-year. Homes sell in an average of 105 days with 448 active listings. The market is currently a buyer's market.
$939,000median sale price
Is Rancho Mirage a buyer's or seller's market?
Rancho Mirage, CA is currently a buyer's market, based on 6.5 months of supply and homes selling in about 105 days. How we determine this →
Homes sold
69
Last 12 weeks
Days on market
105
Average pace
Active listings
448
6.5 months supply
Sale-to-list
96.7%
Below asking
Rancho Mirage, CA market data
| Metric | Value |
|---|---|
| Median sale price | $939,000 |
| Median list price | $927,000 |
| Year-over-year price change | +6.1% |
| Average days on market | 105 days |
| Active inventory | 448 listings |
| Months of supply | 6.5 months |
| Sale-to-list price ratio | 96.7% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Rancho Mirage housing market is currently classified as a buyer's market with a median sale price of $939,000. Prices have risen 6.1% compared to last year, with homes spending an average of 105 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Rancho Mirage
There are currently 448 homes listed for sale in Rancho Mirage, California. The median listing price is $927K.
Active listings
448
Homes on market
Median list price
$927K
Avg. days on market
105
Days until sale
New this week
116
Newly listed
Top public schools in Rancho Mirage
2 schools tracked · 1,800 students
The largest public schools serving Rancho Mirage, 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.
Rancho Mirage High
Grades 9-12 · 1,464 students
Rancho Mirage Elementary
Grades K-5 · 336 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Rancho Mirage?
The median home sale price in Rancho Mirage is $939,000, up 6.1% from last year.
How long do homes stay on market in Rancho Mirage?
Homes typically spend 105 days on market before going under contract.
Is Rancho Mirage a buyer's or seller's market?
With 6.5 months of supply, Rancho Mirage is currently a buyer's market.
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