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The Rancho Mirage Housing Market: What Buyers and Sellers Should Know

By Brett Hickman, NMLS #2010859, DRE #01843823 · Numbers updated October 18, 2026

The Rancho Mirage Housing Market: What Buyers and Sellers Should Know

Market numbers

Rancho Mirage home sales, September 2026

In September 2026, 32 homes sold in Rancho Mirage. The median sold price was $825,000, 13% less than in September 2025. Half of them were on the market 86 days or less.

All homes
Houses
Condos and townhomes
Homes sold in September
32
21
11
Median sold price
$825,000
$1,200,000
$445,000
Median sold price, September 2025
$948,000
$1,260,000
$475,000
Median days on market
86
89
62
Sold price vs. asking price
97%
97%
96%
For sale on Oct 18
245
141
104
Median asking price
$815,000
$1,150,000
$549,000

What the numbers say

  • At September's pace, the 245 homes for sale would sell in about 7.7 months. That favors buyers: there are more homes than buyers, so there is room to ask for a better price, repairs or credits.
  • The middle home sold for about 3% under its last asking price, so buyers have room to negotiate.
  • Homes are selling slower than a year ago: half sold within 86 days, against 62 days in September 2025.
  • A condo or townhome sold for a median of $445,000, about 63% less than a house at $1,200,000.
  • The median house sold for $1,200,000. Riverside County's 2026 loan limit is $832,750, and a loan above it is a jumbo loan.

Based on information from California Regional MLS (CRMLS) as of October 18, 2026, homes listed in Rancho Mirage. Houses, condos and townhomes. Deemed reliable but not guaranteed.

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