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Featured local agent — Rancho Mission Viejo, CA
Sarah Mitchell
Compass Real Estate · Rancho Mission Viejo, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rancho Mission Viejo, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.32Mmedian sale price
How is the Rancho Mission Viejo, CA housing market right now?
The median home sale price in Rancho Mission Viejo, CA is $1.32M, up 38.2% year-over-year. Homes sell in an average of 45 days with 105 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rancho Mission Viejo a buyer's or seller's market?
Rancho Mission Viejo, CA is currently a balanced market, based on 3.9 months of supply and homes selling in about 45 days. How we determine this →
Homes sold
27
Last 12 weeks
Days on market
45
Average pace
Active listings
105
3.9 months supply
Sale-to-list
99.5%
Below asking
What does the Rancho Mission Viejo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.32M |
| Median list price | $1.32M |
| Year-over-year price change | +38.2% |
| Average days on market | 45 days |
| Active inventory | 105 listings |
| Months of supply | 3.9 months |
| Sale-to-list price ratio | 99.5% |
| Median price per sq ft | $653/sq ft |
| Homes sold (latest month) | 27 |
| New listings (latest month) | 40 |
| Listings with a price cut | 26.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Rancho Mission Viejo by property type?
How the Rancho Mission Viejo, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.56M | $659/sq ft | 18 | 51 days |
| Condo / Co-op | $956,000 | $633/sq ft | 9 | 39 days |
| Townhouse | $1.02M | $705/sq ft | 3 | 86 days |
Source: Redfin · Updated monthly
The Rancho Mission Viejo housing market is currently classified as a balanced market with a median sale price of $1.32M. Prices have risen 38.2% compared to last year, with homes spending an average of 45 days on market, indicating 3.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Rancho Mission Viejo
There are currently 105 homes listed for sale in Rancho Mission Viejo, California. The median listing price is $1.3M.
Active listings
105
Homes on market
Median list price
$1.3M
Avg. days on market
45
Days until sale
New this week
40
Newly listed
Who lives in Rancho Mission Viejo?
Population
11,355
Median income
$181,111/yr
Median age
38.5 years
Owner-occupied
75.3%
College grads
64.5%
Avg commute
29.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Rancho Mission Viejo?
Zillow home value
$1.20M
Zillow rent index
$3,865/mo
Price-to-rent ratio
25.9x
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Rancho Mission Viejo?
Rancho Mission Viejo is a community of approximately 11K residents with a median age of 38.5 years.The median household income is $181,111, which reflects a relatively affluent area with strong earning potential. 64.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 75.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rancho Mission Viejo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Rancho Mission Viejo?
2 schools tracked · 1,188 students
The largest public schools serving Rancho Mission Viejo, 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.
Esencia
Grades K-5 · 904 students
Esencia Middle
Grades 6-8 · 284 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 Rancho Mission Viejo, CA?
Want a head-to-head view? Compare Rancho Mission Viejo side-by-side with any other U.S. city using our market-comparison tool.
Is Rancho Mission Viejo a good real estate investment market?
For investors evaluating Rancho Mission Viejo, the price-to-rent ratio of 25.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 38.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Rancho Mission Viejo's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Rancho Mission Viejo's median home price.
Frequently asked questions
What is the average home price in Rancho Mission Viejo?
The median home sale price in Rancho Mission Viejo is $1.32M, up 38.2% from last year.
How long do homes stay on market in Rancho Mission Viejo?
Homes typically spend 45 days on market before going under contract.
What is the median income in Rancho Mission Viejo?
The median household income is $181,111 per year.
Is Rancho Mission Viejo a buyer's or seller's market?
With 3.9 months of supply, Rancho Mission Viejo is currently a balanced market.
What is the Zillow home value estimate for Rancho Mission Viejo?
The Zillow Home Value Index (ZHVI) for Rancho Mission Viejo is $1.20M, representing the typical home value in the area.
What is the median condo price in Rancho Mission Viejo?
The median condo/co-op sale price in Rancho Mission Viejo, CA is $956,000, compared to $1.56M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rancho Mission Viejo?
The median single-family home price in Rancho Mission Viejo, CA is $1.56M (about $659 per square foot).
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