Housing in Rancho Mirage, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$827,000

Median List Price

$925,000

Price Per Sq Ft

$393

Days on Market

85

Active Inventory

436

Months of Supply

9.3

Buyer's market

Zillow Home Value

$825,743

ZHVI — January 2026

Zillow Rent Index

$4,526

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 15.0%List Price 6.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

6.4%

Off Market in 2 Weeks

18.1%

Sale-to-List Ratio

96.0%

Buyer's market

Sold Above Asking
6.4%
Under Contract in 2 Wks
18.1%
Listings with Price Drops
27.5%

Market Activity

Source: Redfin

Homes Sold

47

New Listings

134

Pending Sales

94

Homes Sold 36.5%New Listings 15.5%Pending 1.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$393

Median List $/SF

$416

Sale $/SF 0.3%List $/SF 1.2%Mar 24Jan 26

Rancho Mirage vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Rancho Mirage is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$747,800

Median Rent

$1,575

Total Housing Units

14,936

Vacancy Rate

41.9%

Owner Occupied

82.1%

Renter Occupied

17.9%

Median Property Tax

$6,931

per year

Monthly Cost (w/ Mortgage)

$2,013

Housing Types

Single Family
83.8%
Multi-Family
11.3%
Mobile Home
4.9%

The current median sale price in Rancho Mirage, CA is $827,000 according to Redfin data. Homes spend a median of 85 days on the market. 6.4% of homes sold above asking price. The market has 9.3 months of supply. The median price per square foot is $393. Zillow's observed rent index is $4,526/month. About 82.1% of housing units are owner-occupied. The median year homes were built is 1987. There are 14,936 total housing units.