Housing in Rancho Santa Margarita, CA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,147,000

Median List Price

$999,000

Price Per Sq Ft

$629

Days on Market

81

Active Inventory

75

Months of Supply

2.5

Seller's market

Zillow Home Value

$1,001,520

ZHVI — January 2026

Zillow Rent Index

$2,985

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 7.2%List Price 3.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

6.7%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

97.4%

Buyer's market

Sold Above Asking
6.7%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
24.0%

Market Activity

Source: Redfin

Homes Sold

30

New Listings

39

Pending Sales

40

Homes Sold 14.3%New Listings 22.0%Pending 27.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$629

Median List $/SF

$630

Sale $/SF 1.5%List $/SF 1.8%Mar 24Jan 26

Rancho Santa Margarita vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Rancho Santa Margarita 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

$907,900

Median Rent

$2,481

Total Housing Units

17,424

Vacancy Rate

2.2%

Owner Occupied

73.4%

Renter Occupied

26.6%

Median Property Tax

$6,259

per year

Monthly Cost (w/ Mortgage)

$3,130

Housing Types

Single Family
74.2%
Multi-Family
25.6%
Mobile Home
0.2%

The current median sale price in Rancho Santa Margarita, CA is $1,147,000 according to Redfin data. Homes spend a median of 81 days on the market. 6.7% of homes sold above asking price. The market has 2.5 months of supply. The median price per square foot is $629. Zillow's observed rent index is $2,985/month. About 73.4% of housing units are owner-occupied. The median year homes were built is 1992. There are 17,424 total housing units.