Rancho Mirage, CA Home Values & Market Trends
Real estate market trends reflect that there have been 826 transactions over the past year in Rancho Mirage. The median value for residential home transactions that occurred over the previous year is $887,259.51. The number of current listings in Rancho Mirage is 310, and the percentage of properties for sale in the city is 310.00%. Rancho Mirage, CA currently has 20 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 310 properties for sale.
Rancho Mirage, CA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 92270 | $ 960,000 $ 395/sqft |
Housing Market Summary for Rancho Mirage, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $823K | $906.7K | 10.18% |
| Median Sold Price | $901.3K | $906.7K | 0.60% |
| Homes For Sale | 250 | 301 | 20.40% |
| Homes Sold | 555 | 538 | -3.06% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Rancho Mirage, CA
Browse Homes in Rancho Mirage, CA
Rancho Mirage home values range from $180,000 to $8,995,000. The median estimated value of a home in Rancho Mirage is $887,259.51. The median list price of a home is 995,000, and the total count of properties in the city is 13,936.
- Pre-ForeclosurePre-foreclosure homes account for 0.13% of all residential properties in Rancho Mirage, CA with 92270 containing 18 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Rancho Mirage, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $2,850,000 in 92270 to the lowest home value of $390,565 in 92270.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Rancho Mirage, CA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Rancho Mirage, CA. There is 1 zips within Rancho Mirage, CA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92270 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Rancho Mirage, CA. Auction homes and other auction properties account for 0.01% of all properties in Rancho Mirage, CA. There is 1 zips within Rancho Mirage, CA; of that zips, the median estimated home value for homes going to auction ranges from $2,404,000 in 92270 to the lowest value of $2,404,000 in 92270.
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Guide for Rancho Mirage, CA
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