Rancho Mirage Housing Market Report – August 2026
Here's a look at how the Rancho Mirage, CA real estate market performed in August 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 58
- Median Sale Price: $807,500
- Average Sale Price: $1,203,396
- Average Price Per Sq Ft: $412
- Average Days on Market: 98
- Sale-to-List Price Ratio: 96.1%
Month-Over-Month Trends
Compared to July, the median sale price in Rancho Mirage moved 6.4% down (from $862,500 to $807,500). The number of homes sold was 12.1% down compared to the prior month (66 vs. 58). Average days on market shifted 6.5% up (92 days to 98 days).
Year-Over-Year Comparison
Compared to August 2025, the median sale price is 5.6% down (from $855,000 to $807,500). Sales volume is 7.9% down year-over-year.
Rancho Mirage Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92270 | 58 | $807,500 | $412 | 98 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 32 | $1,262,500 | $509 |
| CONDOS | 20 | $497,000 | $292 |
| MOBILE | 4 | $270,000 | $253 |
| CONDO | 2 | $887,500 | $363 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $200K - $299K | 6 |
| $300K - $399K | 5 |
| $400K - $499K | 4 |
| $500K - $749K | 9 |
| $750K+ | 34 |
Current Active Listings
As of this report, there are 591 active listings in Rancho Mirage with a median asking price of $850,000 and an average of 114 days on market.
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