Rancho Mirage Housing Market Report – June 2026
Here's a look at how the Rancho Mirage, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 68
- Median Sale Price: $850,000
- Average Sale Price: $1,148,079
- Average Price Per Sq Ft: $409
- Average Days on Market: 91
- Sale-to-List Price Ratio: 94.5%
Month-Over-Month Trends
Compared to May, the median sale price in Rancho Mirage moved 10.1% up (from $772,000 to $850,000). The number of homes sold was 4.2% down compared to the prior month (71 vs. 68). Average days on market shifted 17.3% down (110 days to 91 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 6.2% up (from $800,000 to $850,000). Sales volume is 1.5% up year-over-year.
What This Means
Rancho Mirage's housing market is showing some interesting mixed signals this June. The median sale price jumped 10.1% month-over-month to $850,000, which looks impressive on the surface, but it's worth noting this could reflect seasonal variation in the types of homes selling rather than a fundamental shift in market strength. The more stable year-over-year comparison shows a modest 6.2% appreciation, which feels more realistic for the desert market. What's really telling is that homes are selling faster—days on market dropped from 110 to 91—and buyers are paying 94.5% of list price, suggesting reasonable negotiating power without desperation on either side.
The inventory situation warrants attention though. With 569 active listings and a median asking price of $889,000, there's a healthy supply relative to current demand. The 4.2% dip in sales volume month-over-month isn't alarming given June's seasonal patterns and the data collection improvements earlier this year, but it does suggest the market isn't experiencing explosive momentum heading into summer. For buyers, this translates to more choices and less urgency. For sellers, it's a balanced market where pricing realistically and presenting well still matter significantly.
Rancho Mirage Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92270 | 68 | $850,000 | $409 | 91 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 44 | $1,137,500 | $478 |
| CONDOS | 15 | $510,000 | $301 |
| MOBILE | 5 | $220,000 | $155 |
| CONDO | 2 | $712,500 | $328 |
| LAND | 2 | $725,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $200K - $299K | 6 |
| $300K - $399K | 2 |
| $400K - $499K | 3 |
| $500K - $749K | 14 |
| $750K+ | 41 |
Current Active Listings
As of this report, there are 569 active listings in Rancho Mirage with a median asking price of $889,000 and an average of 110 days on market.
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