2.84% change since last quarter # Active listings 382. neighborhood-specific median house values from the Census Bureau using In December 2020, the median list price of homes in Rancho Mirage, CA was $622.5K, trending up 3.9% year-over-year. percentage change in the resale value of existing homes in that city, town Looking at just the latest twelve months, Rancho Mirage appreciation rates continue to be some of the highest in America, at 8.06%, which is higher than appreciation rates in 97.40% of the cities and towns in the nation. by Fannie Mae or Freddie Mac (by the FHFA). One very important thing to keep in mind is that these are average appreciation rates for the city. If you are a home buyer or real estate investor, Rancho Mirage definitely has a track record of being one of the best long term real estate investments in America through the last ten years. The appreciation rates serve An affluent community situated between Cathedral City and Palm Desert, Rancho Mirage is a resort town where people travel from all over the world to relax in the sun, golf at one of the many golf courses in the area, or explore the buzzing arts community. Some of the best neighborhoods in or around Rancho Mirage, California are Mission Hills Country Club, Springs Country Club and Sunrise Country Club. Rancho El Mirage Real Estate Market Health median house values in each neighborhood, and combine data from the United Alameda. Rancho Mirage real estate appreciated 51.44% over the last ten years, which is an average annual home appreciation rate of 4.24%, putting Rancho Mirage in the top 20% nationally for real estate appreciation. Rancho Mirage, CA Real Estate Trends. HOUSING MARKET DATA Below you can find the real estate sales data of different neighborhoods ranked from the highest number of sales to the lowest within 90 days. Home Values, Rents: Reflects Q3 2020. Updated annually. A decent proportion of the Rancho Mirage housing stock is seasonally occupied. States Bureau of the Census with quarterly house resale data. Avg Year Built in Rancho El Mirage: 2003 / County Avg 1993. The median price of homes currently listed in Rancho Mirage is $629,000. This makes comparisons of house appreciation rates equally easy for professional 19%. See more real estate market trends for Rancho Mirage. There are 426 active homes for sale in Rancho Mirage, CA, which spend an average of 74 days on the market. 70671 Oroville Cir, Rancho Mirage, CA 92270 View this property at 70671 Oroville Cir, Rancho Mirage, CA 92270. Sparse Suburban. appreciation rates for each city, town and neighborhood within each time Setting, Housing Stock, Homeownership: 2018 (latest available). See 68 Homes. Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rancho Mirage. or VA mortgages, are excluded, as are properties with mortgages whose principal The new mortgage acquisitions Rancho Mirage Schools and Demographics . transactions to the FHFA. Find the best Real Estate on Yelp: search reviews of 1798 Rancho Mirage businesses by price, type, or location. single-family properties whose mortgages have been purchased or securitized Mortgage transactions on condominiums to the outside). 1 Bedroom Homes. There is a lot of housing in Rancho Mirage built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. Based on the housing stock, population density, and the proximity of amenities of the area. Rancho Mirage is a decidedly white-collar city, with fully 87.26% of the workforce employed in white-collar jobs, well above the national average. Our data are calculated and updated every three months for each neighborhood, Research Rancho Mirage real estate market trends and find homes for sale. Rancho Mirage, CA hosts 9 public schools rated good and higher by GreatSchools. With Point2, you can easily browse through Rancho Mirage, CA single family homes for sale, townhouses, condos and commercial properties, and quickly get a general perspective on the real estate prices. The average sale price per square foot in … American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Just Listed. Top Rancho Mirage real estate agents. period. See 8 Homes. to other cities, towns and neighborhoods in the nation, and within the same are used to identify repeat transactions for the most recent quarter, then See ALL the Homes for Sale in Rancho Mirage - Updated every 15 minutes! Rancho Mirage Real Estate Market Trends For Condos 92270 This page updates every week with the latest market data to keep you connected to desert real estate trends. creating an updated historical database that is then used to estimate the state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). one of the highest appreciating in the nation over the last 5-years, but is In this example, the neighborhood is Listed Around: $364K. With a population of 18,528, 9,406 total housing units (homes and apartments), and a median house value of $567,024, real estate costs in Rancho Mirage are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities. NeighborhoodScout reveals the home appreciation rates for every city, town, There is also a lot of housing in Rancho Mirage built between 2000 and later ( 25.19%). Schools . Rancho Mirage, CA real estate prices overview Searching homes for sale in Rancho Mirage, CA has never been more convenient. 50%. Homes for sale in Rancho Mirage, CA have a median listing price of $599,000. Read more about Scout's Real Estate Data. Only mortgage transactions on single-family A lesser amount of the housing stock also hails from between 1940-1969 ( 13.18%). There are 241 real estate listings found in Rancho Mirage, CA.View our Rancho Mirage real estate area information to learn about the weather, local school districts, demographic data, and general information about Rancho Mirage, CA. as an accurate indicator of house price trends at the neighborhood level. 8,376,755. Median sales price $575,000. Updated quarterly. Housing costs in Rancho Mirage are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in California. There are 423 homes for sale, ranging from $69.9K to $19.9M. The average sale price of a home in Rancho Mirage was $550K last month, up 4.2% since last year. Through the years, the Rancho Mirage real estate market has responded impressively to the waves of hopeful homebuyers coming into the city and seeking a way of life vastly different from the one you can expect from the rest of the state’s crowded urban centers. appreciation rate, and the average annual appreciation rate for each time By sending this Report you agree to NeighborhoodScout's, Popular Communities Near Rancho Mirage, CA, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. There are 423 homes for sale in Rancho Mirage, CA, 30 of which were newly listed within the last week. reflect appreciation rates for the neighborhood overall, not necessarily That is, homes and condos in Rancho Mirage are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. 10-years, and even from 2000 to present. We also show how each city, town or neighborhood's appreciation rate compares Rancho Mirage Housing Market Information With a population of 18,336, 9,406 total housing units (homes and apartments), and a median house value of $558,250, real estate costs in Rancho Mirage are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities. The above shows an overview of the real estate market in Rancho Mirage, CA. at the city, town and even the neighborhood level. Search homes for sale in Rancho Mirage, CA for free. each individual house in the neighborhood. Are you thinking of buying or selling this year? Conventional means that the mortgages Census, and a weighted repeat sales index, meaning that they measure average You can also find 1 private and charter school. * School data provided by National Center for Education Statistics, Pitney Bowes, and, Home Buyers Reveal: 'What I Wish I Had Known Before Buying My First Home, Selling Your Home? properties are included. 3D Tour. Appreciation rates are so strong in Rancho Mirage that despite a nationwide downturn in the housing market, Rancho Mirage real estate has continued to appreciate in value faster than most communities. securitized by Fannie Mae and Freddie Mac. Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! Based on home values, property taxes, housing costs, local schools, and more. Demographics . We will soon provide other points, such as Additionally, there are 100 rentals, with a range of $1.5K to $20K per month. Raw data sources: Housing Market Trends in Rancho Mirage, CA In September 2020, the median list price of homes in Rancho Mirage, CA was $595K, trending up 6.3% year-over-year. These resultant neighborhood appreciation rates are a broad measure Rancho Mirage Real Estate. 23 Via Las Flores Rancho Mirage, CA 92270. See Homes in Neighborhoods Near Rancho Mirage, CA. Order By. NeighborhoodScout has calculated and provides home appreciation rates as a Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. conforming, conventional mortgages. Real Estate Rancho Mirage 71691 Highway 111, Rancho Mirage, CA 92270. renters or have no single-family homes (dwellings without an entrance directly 3 Beds: 2 Baths: Home: 2,331 sq. Neighborhood appreciation rate data are based on transactions involving Popular Neighborhoods in Rancho Mirage, CA. There are 43 neighborhoods in Rancho Mirage. The NeighborhoodScout® search engine is covered under US Patents No. Please click on any of the areas below to begin your search by city or neighborhood in the Greater Desert Area. Rancho Mirage's home resale inventories is 311, which decreased 8 percent since November 2020. Consider buying or renting a home in one of these popular neighborhoods. Rancho Mirage appreciation rates in the latest quarter were at 2.34%, which equates to an annual appreciation rate of 9.70%. Home Prices in Rancho Mirage. Neighborhood appreciation rates from NeighborhoodScout are based on both View all 609 listings available in Rancho Mirage with an average price of $861,631. Conforming refers to a mortgage that both meets The data amount exceeds the conforming loan limit. are fed into NeighborhoodScout's search algorithms. As such, NeighborhoodScout does exceed the conforming loan limit, a figure linked to an index published by The information being provided by the California Desert Association of Realtors® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Relative to California, our data show that Rancho Mirage's latest annual appreciation rate is higher than 90% of the other cities and towns in California. price changes in repeat sales or refinancings on the same properties.   The data are merged with developed by Dr. Schiller, NeighborhoodScout's founder, are applied Rent. City County; College Degree - 2 year: 7: 8: College Degree - … Individual neighborhoods within Rancho Mirage differ in their investment potential, sometimes by a great deal. per year: 16.8%). Rancho Mirage Estate Sales was a lifesaver when I needed help with my family’s property in the desert. 760-413-6595 Mark@ReRanchoMirage.com CalBRE #01959162 or multi-unit properties are also excluded. Rent vs. Own. 264 Homes For Sale in Rancho Mirage, CA. Real Estate Experts in Rancho Mirage, CA Finding homes for sale in Rancho Mirage, CA has never been easier as our comprehensive directory currently contains more than 381 listings! There are 425 homes for sale in Rancho Mirage with a median price of $563,999, which is an increase of 6.7% since last year. Search for new homes, open houses, recently sold homes and reduced price real estate in Rancho Mirage. Copyright © 2000-2020 Location Inc®. Rancho Mirage Real Estate Market. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rancho Mirage - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rancho Mirage real estate investment or home purchase decisions. Other types of housing that are prevalent in Rancho Mirage include row houses and other attached homes ( 23.00%), duplexes, homes converted to apartments or other small apartment buildings ( 11.76%), and a few large apartment complexes or high rise apartments ( 7.66%). Affordability of Living in Rancho Mirage, CA. Local and international, all encompassing estate & auction company. median house value data reported by respondents via the U.S. Bureau of the This characteristic of the Rancho Mirage housing market speaks to its popularity as a vacation location of choice. The Rancho Mirage housing market is not very competitive. Bookmark this page, or for even more details, sign up to have our Market Update Report emailed to you every week. 81%. This The median sale price was $538.5K. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage Zillow has 279 homes for sale in Rancho Mirage CA. 70671 Oroville Cir . or neighborhood over the latest quarter, the last year, 2-years, 5-years,   entity. 70671 Oroville Cir Rancho Mirage CA 92270. Area Feel. information is obtained by reviewing repeat mortgage transactions on We show both the cumulative The trend for median days on market in Rancho Mirage, CA has gone down since last month, and slightly down since last year. Rancho Mirage, CA Real Estate & Homes For Sale. Rancho Mirage has affordable coops. The median listing price per square foot was $261. Real Estate Highlights in Rancho Mirage, CA. investors and individual homebuyers. Find the best Real Estate Services on Yelp: search reviews of 489 Rancho Mirage businesses by price, type, or location. Rancho Mirage Rancho Mirage is known for its exclusive gated communities, beautiful golf courses, and superb tennis facilities. Appreciation rates are updated Homes are typically worth $238/sqft. the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't Movoto gives you access to the most up-to-the-minute real estate information in Rancho Mirage. in the state of California. Education near Rancho Mirage, CA. Homes in Rancho Mirage, CA sold for 1.54% below asking price on average in December 2020. Listed Around: $225K. and even most neighborhoods in America. In the last 10 years, Rancho Mirage has experienced some of the highest home appreciation rates of any community in the nation. by NeighborhoodScout each quarter as additional mortgages are purchased or Last year, 732 homes were sold while median home prices increased by 2.11%. ft. ... We understand the market well, and you will not find a more qualified Mira Vista real estate agent to help you with all of your Real Estate needs! NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, Rancho Mirage is a city in California and consists of 43 neighborhoods. Save. Rancho Mirage, CA is a seller's market in December 2020, which means that there are more people looking to buy than there are homes available. Find Rancho Mirage, CA homes for sale, real estate, apartments, condos, townhomes, mobile homes, multi-family units, farm and land lots with RE/MAX's powerful search tools. HomeLight examines the transaction history for the 2,569 active Rancho Mirage real estate agents to find the best ones. period (e.g., last 5-years: 84% total appreciation, Avg. Housing. Then proprietary algorithms the Federal Housing Finance Board. Homes in Rancho Mirage receive 2 offers on average and sell in around 57.5 days. 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