Median sales price $575,000. See Maps, Photos, and More. Copyright © 2000-2020 Location Inc®. Individual neighborhoods within Rancho Mirage differ in their investment potential, sometimes by a great deal. 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. 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. than one mortgage transaction has occurred. We also show how each city, town or neighborhood's appreciation rate compares The data are merged with Importantly, this makes Rancho Mirage one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength. In addition to luxury Rancho Mirage real estate, there are affordable single-family homes, and cozy condos with a modern flair. Learn about the Rancho Mirage, CA housing market through trends and averages. Rancho Mirage appreciation rates in the latest quarter were at 2.34%, which equates to an annual appreciation rate of 9.70%. period. Consider buying or renting a home in one of these popular neighborhoods. Single-family detached homes are the single most common housing type in Rancho Mirage, accounting for 52.61% of the city's housing units. Just Listed. Real Estate Rancho Mirage 71691 Highway 111, Rancho Mirage, CA 92270. The Movoto Advantage. neighborhood-specific median house values from the Census Bureau using The trend for median days on market in Rancho Mirage, CA has gone down since last month, and slightly down since last year. Save. Here are the best public schools in Rancho Mirage, CA: You can find dozens of grocery stores, and hundreds of cafes and restaurants in Rancho Mirage, CA. 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. The NeighborhoodScout® search engine is covered under US Patents No. developed by Dr. Schiller, NeighborhoodScout's founder, are applied parks and gyms. previous 29 years to establish price differentials on properties where more 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! Zillow has 279 homes for sale in Rancho Mirage CA. to produce neighborhood appreciation rates. D+. 2 Bedroom Homes. See Homes in Neighborhoods Near Rancho Mirage, CA. The average sale price per square foot in … Are you thinking of buying or selling this year? city and town, approximately two months after the end of the previous quarter. Raw data sources: appreciation rate, and the average annual appreciation rate for each time information is obtained by reviewing repeat mortgage transactions on the Federal Housing Finance Board. 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. are used to identify repeat transactions for the most recent quarter, then 7,043,501 and 7,680,859. 3 Beds: 2 Baths: Home: 2,331 sq. Find the best Real Estate Services on Yelp: search reviews of 489 Rancho Mirage businesses by price, type, or location. With prices for houses for sale in Rancho Mirage, CA starting as low as $69,000, we make the search for the perfect home easy by providing you with the right tools! renters or have no single-family homes (dwellings without an entrance directly Rancho Mirage Real Estate Market. Rancho El Mirage Real Estate Market Health Our free service analyze millions of home sales to find the perfect agent for you. 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. each individual house in the neighborhood. 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. Rancho Mirage, CA Real Estate Trends. are neither insured nor guaranteed by the FHA, VA, or other federal government in the state of California. Last year, 732 homes were sold while median home prices increased by 2.11%. In December 2020, the median list price of homes in Rancho Mirage, CA was $622.5K, trending up 3.9% year-over-year. * 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? or neighborhood over the latest quarter, the last year, 2-years, 5-years, 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. Based on home values, property taxes, housing costs, local schools, and more. We will soon provide other points, such as Order By. All the trademarks displayed on this page are the property of Location, Inc®. 3D Tour. This characteristic of the Rancho Mirage housing market speaks to its popularity as a vacation location of choice. Rent. The Rancho Mirage housing market is not very competitive. Different neighborhoods 10-years, and even from 2000 to present. 760-413-6595 Mark@ReRanchoMirage.com CalBRE #01959162 Education near Rancho Mirage, CA. price changes in repeat sales or refinancings on the same properties. Rancho Mirage Rancho Mirage is known for its exclusive gated communities, beautiful golf courses, and superb tennis facilities. 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%). See 8 Homes. Neighborhood appreciation rate data are based on transactions involving There are 43 neighborhoods in Rancho Mirage. City County; College Degree - 2 year: 7: 8: College Degree - … There is also a lot of housing in Rancho Mirage built between 2000 and later ( 25.19%). and even most neighborhoods in America. reflect appreciation rates for the neighborhood overall, not necessarily Search for new homes, open houses, recently sold homes and reduced price real estate in Rancho Mirage. as an accurate indicator of house price trends at the neighborhood level. Avg Year Built in Rancho El Mirage: 2003 / County Avg 1993. Rancho Mirage has also quite a bit of history; From the great Sunnylands (also known as as the Annenberg Estate) built in the early 1960s which is now a tourist attraction in the area as it is well known for its mid-century modern design home with a pink roof, not to mention the most iconic guest list ranging from Frank Sinatra, Truman Capote, and Ginger Rogers to political giants, such as Barack Obama and … Listed Around: $364K. securitized by Fannie Mae and Freddie Mac. Other US patent applications are currently pending. 50%. period (e.g., last 5-years: 84% total appreciation, Avg. There are 423 homes for sale in Rancho Mirage, CA, 30 of which were newly listed within the last week. The average sale price of a home in Rancho Mirage was $550K last month, up 4.2% since last year. 1/74. American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. Bookmark this page, or for even more details, sign up to have our Market Update Report emailed to you every week. Only mortgage transactions on single-family A decent proportion of the Rancho Mirage housing stock is seasonally occupied. at the city, town and even the neighborhood level. Homes are typically worth $238/sqft. 19%. Neighborhood appreciation rates from NeighborhoodScout are based on both median house values in each neighborhood, and combine data from the United 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. state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]). Homes in Rancho Mirage receive 2 offers on average and sell in around 57.5 days. 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. 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. Rancho Mirage Real Estate Market Conditions. the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't Read more about Scout's Real Estate Data. Setting, Housing Stock, Homeownership: 2018 (latest available). You can also find 1 private and charter school. exceed the conforming loan limit, a figure linked to an index published by 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. Conforming refers to a mortgage that both meets Schools . 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! only average in appreciation for the same period relative to other neighborhoods Homes for sale in Rancho Mirage, CA have a median listing price of $599,000. or VA mortgages, are excluded, as are properties with mortgages whose principal percentage change in the resale value of existing homes in that city, town median house value data reported by respondents via the U.S. Bureau of the investors and individual homebuyers. 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. 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. Affordability of Living in Rancho Mirage, CA. Our nationally-comparable school ratings are covered under US Patent No. Highest dollar for your items. States Bureau of the Census with quarterly house resale data. are fed into NeighborhoodScout's search algorithms. In the last 10 years, Rancho Mirage has experienced some of the highest home appreciation rates of any community in the nation. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 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. creating an updated historical database that is then used to estimate the Our data are designed to capture changes in the value of single-family homes Get in touch with a Rancho Mirage real estate agent who can help you find the home of your dreams in Rancho Mirage. Based on the housing stock, population density, and the proximity of amenities of the area. 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. The appreciation rates serve View all 609 listings available in Rancho Mirage with an average price of $861,631. ... Rancho Mirage Estate Sales & Auction Company is the premier auction & real estate resources in the state. Updated quarterly. Rancho Mirage is a city in California and consists of 43 neighborhoods. NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, not produce appreciation rates for neighborhoods that consist solely of These data are combined with the data of the NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… NeighborhoodScout vividly reveals such differences. Mortgages on properties financed by government-insured loans, such as FHA See more real estate market trends for Rancho Mirage. Conventional means that the mortgages The top 3% of real estate agents in Rancho Mirage get homes off the market in 52 days and sell for $62,307 more than the average. 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