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Featured local agent — Rancho Palos Verdes, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Rancho Palos Verdes, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Rancho Palos Verdes, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Rancho Palos Verdes, CA Housing Market & Real Estate

Balanced market+8.8% YoY

Housing market overview · Updated monthly ·

$1.90Mmedian sale price

How is the Rancho Palos Verdes, CA housing market right now?

The median home sale price in Rancho Palos Verdes, CA is $1.90M, up 8.8% year-over-year. Homes sell in an average of 26 days with 134 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 Palos Verdes a buyer's or seller's market?

Balanced market3.8 months of supply26 avg. days on market

Rancho Palos Verdes, CA is currently a balanced market, based on 3.8 months of supply and homes selling in about 26 days. How we determine this →

Homes sold

35

Last 12 weeks

Days on market

26

Average pace

Active listings

134

3.8 months supply

Sale-to-list

99.9%

Below asking

What does the Rancho Palos Verdes housing market data show?

Current housing market statistics for Rancho Palos Verdes, CA
MetricValue
Median sale price$1.90M
Median list price$2.00M
Year-over-year price change+8.8%
Average days on market26 days
Active inventory134 listings
Months of supply3.8 months
Sale-to-list price ratio99.9%
Median price per sq ft$750/sq ft
Homes sold (latest month)35
New listings (latest month)51
Listings with a price cut23.9%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Rancho Palos Verdes by property type?

How the Rancho Palos Verdes, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Rancho Palos Verdes, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.93M$779/sq ft2724 days
Condo / Co-op$793,550$504/sq ft435 days
Townhouse$940,000$636/sq ft374 days

Source: Redfin · Updated monthly

The Rancho Palos Verdes housing market is currently classified as a balanced market with a median sale price of $1.90M. Prices have risen 8.8% compared to last year, with homes spending an average of 26 days on market, indicating 3.8 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 10.4x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Rancho Palos Verdes

There are currently 134 homes listed for sale in Rancho Palos Verdes, California. The median listing price is $2.0M.

Active listings

134

Homes on market

Median list price

$2.0M

Avg. days on market

26

Days until sale

New this week

51

Newly listed

Price drops:23.9%of listings
Sale-to-list:99.9%

Who lives in Rancho Palos Verdes?

Population

41,259

Median income

$175,307/yr

Median age

49.7 years

Owner-occupied

80.5%

College grads

69.1%

Avg commute

34.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Rancho Palos Verdes?

Zillow home value

$1.82M

Zillow rent index

$4,942/mo

Price-to-rent ratio

30.7x

Price-to-income

10.4x

Source: Zillow Research

What is it like to live in Rancho Palos Verdes?

Rancho Palos Verdes is a community of approximately 41K residents with a median age of 49.7 years.The median household income is $175,307, which reflects a relatively affluent area with strong earning potential. 69.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 80.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Rancho Palos Verdes offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Rancho Palos Verdes?

10 schools tracked · 5,752 students

The largest public schools serving Rancho Palos Verdes, 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.

Rudecinda Sepulveda Dodson Middle

Grades 6-8 · 1,295 students

Public

Ridgecrest Intermediate

Grades 6-8 · 917 students

Public

Miraleste Intermediate

Grades 6-8 · 746 students

Public

Silver Spur Elementary

Grades K-5 · 539 students

Public

Soleado Elementary

Grades K-5 · 452 students

Public

Cornerstone at Pedregal Elementary

Grades K-5 · 436 students

Public

Vista Grande Elementary

Grades K-5 · 371 students

Public

Mira Catalina Elementary

Grades K-5 · 370 students

Public

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 Palos Verdes, CA?

Want a head-to-head view? Compare Rancho Palos Verdes side-by-side with any other U.S. city using our market-comparison tool.

Is Rancho Palos Verdes a good real estate investment market?

For investors evaluating Rancho Palos Verdes, the price-to-rent ratio of 30.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.8% 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 Palos Verdes's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Rancho Palos Verdes's median home price.

Frequently asked questions

What is the average home price in Rancho Palos Verdes?

The median home sale price in Rancho Palos Verdes is $1.90M, up 8.8% from last year.

How long do homes stay on market in Rancho Palos Verdes?

Homes typically spend 26 days on market before going under contract.

What is the median income in Rancho Palos Verdes?

The median household income is $175,307 per year.

Is Rancho Palos Verdes a buyer's or seller's market?

With 3.8 months of supply, Rancho Palos Verdes is currently a balanced market.

What is the Zillow home value estimate for Rancho Palos Verdes?

The Zillow Home Value Index (ZHVI) for Rancho Palos Verdes is $1.82M, representing the typical home value in the area.

What is the median condo price in Rancho Palos Verdes?

The median condo/co-op sale price in Rancho Palos Verdes, CA is $793,550, compared to $1.93M for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Rancho Palos Verdes?

The median single-family home price in Rancho Palos Verdes, CA is $1.93M (about $779 per square foot).

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