Affordability of Living in Rancho Mirage, CA. In this example, the neighborhood is to other cities, towns and neighborhoods in the nation, and within the same to the outside). Then proprietary algorithms Homes are typically worth $238/sqft. The NeighborhoodScout® search engine is covered under US Patents No. As such, NeighborhoodScout does 8 Myths About Renting You Should Stop Believing Immediately, 6 Ways Home Buyers Mess Up Getting A Mortgage, 6 Reasons You Should Never Buy Or Sell A Home Without An Agent, Difference Between Agent, Broker & Realtor, Real Estate Agents Reveal the Toughest Home Buyers They've Ever Met, The 5 Maintenance Skills All Homeowners Should Know. You're invited to visit this site often to view La Quinta, Rancho Mirage, Palm Desert, Indian Wells, PGA West and Greater Palm Springs homes for sale, read home buying advice, and get information about all of our desert communities. The new mortgage acquisitions are neither insured nor guaranteed by the FHA, VA, or other federal government The average sale price per square foot in … Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage 3 Beds: 2 Baths: Home: 2,331 sq. 7,043,501 and 7,680,859. Owner-occupied housing accounts for 80.19% of Rancho Mirage's homes, and 59.71% have either three or four bedrooms, which is average sized relative to America. D+. are used to identify repeat transactions for the most recent quarter, then reflect appreciation rates for the neighborhood overall, not necessarily by Fannie Mae or Freddie Mac (by the FHFA). Real Estate Highlights in Rancho Mirage, CA. One very important thing to keep in mind is that these are average appreciation rates for the city. Homes in Rancho Mirage, CA sold for 1.54% below asking price on average in December 2020. Education near Rancho Mirage, CA. See Homes in Neighborhoods Near Rancho Mirage, CA. Homes in Rancho Mirage receive 2 offers on average and sell in around 57.5 days. Our free service analyze millions of home sales to find the perfect agent for you. See 68 Homes. 1/74. States Bureau of the Census with quarterly house resale data. Mortgage transactions on condominiums Neighborhood appreciation rate data are based on transactions involving 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. 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. period (e.g., last 5-years: 84% total appreciation, Avg. 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%). The Rancho Mirage real estate market remains strong with home values and home prices steadily on the rise. The above shows an overview of the real estate market in Rancho Mirage, CA. Learn about the Rancho Mirage, CA housing market through trends and averages. median house values in each neighborhood, and combine data from the United On average, homes in Rancho Mirage, CA sell after 61 days on the market. Thunderbird has a median listing price of $1.3M, making it the most expensive neighborhood. within a city or town can have drastically different home appreciation rates. Consider buying or renting a home in one of these popular neighborhoods. There is also a lot of housing in Rancho Mirage built between 2000 and later ( 25.19%). 10-years, and even from 2000 to present. 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. Listed Around: $364K. Conforming refers to a mortgage that both meets Housing. Single-family detached homes are the single most common housing type in Rancho Mirage, accounting for 52.61% of the city's housing units. investors and individual homebuyers. 23 Via Las Flores Rancho Mirage, CA 92270. Search the most complete Rancho Mirage, CA real estate listings for sale & rent. or VA mortgages, are excluded, as are properties with mortgages whose principal 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. The data * 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? exceed the conforming loan limit, a figure linked to an index published by 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. City County; College Degree - 2 year: 7: 8: College Degree - … 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. than one mortgage transaction has occurred. 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! The Rancho Mirage housing market is not very competitive. These resultant neighborhood appreciation rates are a broad measure single-family properties whose mortgages have been purchased or securitized Rancho Mirage, CA hosts 9 public schools rated good and higher by GreatSchools. Popular Neighborhoods in Rancho Mirage, CA. Welcome to The Desert On The Market.com! Save. We will soon provide other points, such as amount exceeds the conforming loan limit. 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. The data are merged with Individual neighborhoods within Rancho Mirage differ in their investment potential, sometimes by a great deal. 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. Rent vs. Own. creating an updated historical database that is then used to estimate the The median listing price per square foot was $261. There are 43 neighborhoods in Rancho Mirage. Conventional means that the mortgages   entity. 2.84% change since last quarter # Active listings 382. Note how the median home price for Rancho Mirage, CA runs $471,300, which … 760-413-6595 Mark@ReRanchoMirage.com CalBRE #01959162 state (e.g., 9 relative to the nation, 5 relative to California [10 is highest]).   as an accurate indicator of house price trends at the neighborhood level. Find the best Real Estate Services on Yelp: search reviews of 489 Rancho Mirage businesses by price, type, or location. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. or multi-unit properties are also excluded. median house value data reported by respondents via the U.S. Bureau of the The trend for median days on market in Rancho Mirage, CA has gone down since last month, and slightly down since last year. parks and gyms. 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. 70671 Oroville Cir, Rancho Mirage, CA 92270 View this property at 70671 Oroville Cir, Rancho Mirage, CA 92270. Median sales price $575,000. In addition to luxury Rancho Mirage real estate, there are affordable single-family homes, and cozy condos with a modern flair. Updated annually. View all 609 listings available in Rancho Mirage with an average price of $861,631. neighborhood-specific median house values from the Census Bureau using Rancho El Mirage Real Estate Market Health 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. Home Values, Rents: Reflects Q3 2020. in the state of California. 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. 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! per year: 16.8%). Copyright © 2000-2020 Location Inc®. 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. Alameda. Get in touch with a Rancho Mirage real estate agent who can help you find the home of your dreams in Rancho Mirage. Rancho Mirage Estate Sales was a lifesaver when I needed help with my family’s property in the desert. Our data are built upon 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 … ... Rancho Mirage Estate Sales & Auction Company is the premier auction & real estate resources in the state. 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. Rancho Mirage Real Estate Market. Demographics . This Homes for sale in Rancho Mirage, CA have a median listing price of $599,000. 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. Highest dollar for your items. NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, See Maps, Photos, and More. Appreciation rates are updated Rancho Mirage appreciation rates in the latest quarter were at 2.34%, which equates to an annual appreciation rate of 9.70%. Real Estate Rancho Mirage 71691 Highway 111, Rancho Mirage, CA 92270. 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. the underwriting guidelines of Fannie Mae or Freddie Mac and that doesn't Don't Neglect These 6 Maintenance Tasks - Or Else, Debunked! If so, you’ll need to keep a close eye on how our Palm Springs market is changing. NeighborhoodScout has calculated and provides home appreciation rates as a 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. See more real estate market trends for Rancho Mirage. Just over the past year, Rancho Mirage home values increased by up 5.6% and real estate industry experts predict they will rise another 2.4% within the next 12 months. We show both the cumulative These data are combined with the data of the 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. Please click on any of the areas below to begin your search by city or neighborhood in the Greater Desert Area. securitized by Fannie Mae and Freddie Mac. Based on the housing stock, population density, and the proximity of amenities of the area. By sending this Report you agree to NeighborhoodScout's, Popular Communities Near Rancho Mirage, CA, APPRECIATION RATE TRENDS AND HOUSING MARKET DATA. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Rent. Schools . 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. The median sale price was $538.5K. Neighborhood appreciation rates from NeighborhoodScout are based on both Rancho Mirage's home resale inventories is 311, which decreased 8 percent since November 2020. by NeighborhoodScout each quarter as additional mortgages are purchased or one of the highest appreciating in the nation over the last 5-years, but is price changes in repeat sales or refinancings on the same properties. Own. Setting, Housing Stock, Homeownership: 2018 (latest available). period. developed by Dr. Schiller, NeighborhoodScout's founder, are applied and even most neighborhoods in America. Search for new homes, open houses, recently sold homes and reduced price real estate in Rancho Mirage. Raw data sources: Movoto gives you access to the most up-to-the-minute real estate information in Rancho Mirage. appreciation rate, and the average annual appreciation rate for each time Updated quarterly. See ALL the Homes for Sale in Rancho Mirage - Updated every 15 minutes! See 8 Homes. Rancho Mirage is a city in California and consists of 43 neighborhoods. Find the best Real Estate on Yelp: search reviews of 1798 Rancho Mirage businesses by price, type, or location. conforming, conventional mortgages. Some of the best neighborhoods in or around Rancho Mirage, California are Mission Hills Country Club, Springs Country Club and Sunrise Country Club. Rancho Mirage's Real Estate Market Snapshot In the past 12 months, the price of homes sold in Rancho Mirage ranged between $132,000 and $2,000,000. Rancho Mirage Real Estate Market Conditions. The appreciation rates serve Based on home values, property taxes, housing costs, local schools, and more. are fed into NeighborhoodScout's search algorithms. A lesser amount of the housing stock also hails from between 1940-1969 ( 13.18%). Area Feel. the Federal Housing Finance Board. Zillow has 279 homes for sale in Rancho Mirage CA. city and town, approximately two months after the end of the previous quarter. Our data are designed to capture changes in the value of single-family homes Avg Year Built in Rancho El Mirage: 2003 / County Avg 1993. Rancho Mirage, CA Real Estate & Homes For Sale. Rancho Mirage, CA real estate prices overview Searching homes for sale in Rancho Mirage, CA has never been more convenient. 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. This makes comparisons of house appreciation rates equally easy for professional American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. 19%. 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. Rancho Mirage has affordable coops. Sparse Suburban. previous 29 years to establish price differentials on properties where more Different neighborhoods 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. Are you thinking of buying or selling this year? or neighborhood over the latest quarter, the last year, 2-years, 5-years, There are 423 homes for sale in Rancho Mirage, CA, 30 of which were newly listed within the last week. Read more about Scout's Real Estate Data. Our nationally-comparable school ratings are covered under US Patent No. In December 2020, the median list price of homes in Rancho Mirage, CA was $622.5K, trending up 3.9% year-over-year. There are 426 active homes for sale in Rancho Mirage, CA, which spend an average of 74 days on the market. Our data are calculated and updated every three months for each neighborhood, Top Rancho Mirage real estate agents. each individual house in the neighborhood. NeighborhoodScout reveals the home appreciation rates for every city, town, We also show how each city, town or neighborhood's appreciation rate compares Bookmark this page, or for even more details, sign up to have our Market Update Report emailed to you every week. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… NeighborhoodScout vividly reveals such differences. renters or have no single-family homes (dwellings without an entrance directly The median price of homes currently listed in Rancho Mirage is $629,000. Last year, 732 homes were sold while median home prices increased by 2.11%. 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. Order By. Search homes for sale in Rancho Mirage, CA for free. Colony Mobile Home Park is the most affordable neighborhood, with a median listing price of $122K. 2 Bedroom Homes. All the trademarks displayed on this page are the property of Location, Inc®. The median list price in Rancho Mirage is $697,000. HomeLight examines the transaction history for the 2,569 active Rancho Mirage real estate agents to find the best ones. Listed Around: $225K. Discover more Rancho Mirage listings for open houses, price reduced, foreclosures, recently sold, new home communities, and new home construction. not produce appreciation rates for neighborhoods that consist solely of The Movoto Advantage. 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! You can also choose other ranking metrics or property types. 1 Bedroom Homes. In the last 10 years, Rancho Mirage has experienced some of the highest home appreciation rates of any community in the nation. Other US patent applications are currently pending. Rancho Mirage Real Estate. You can also find 1 private and charter school. 3D Tour. 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. transactions to the FHFA. The average sale price of a home in Rancho Mirage was $550K last month, up 4.2% since last year. 70671 Oroville Cir . Just Listed. at the city, town and even the neighborhood level. 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. A decent proportion of the Rancho Mirage housing stock is seasonally occupied. This characteristic of the Rancho Mirage housing market speaks to its popularity as a vacation location of choice. There are 423 homes for sale, ranging from $69.9K to $19.9M. Rancho Mirage Schools and Demographics . of the movement of single-family house prices. 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. properties are included. to produce neighborhood appreciation rates. appreciation rates for each city, town and neighborhood within each time Rancho Mirage, CA Real Estate Trends. Only mortgage transactions on single-family Mortgages on properties financed by government-insured loans, such as FHA Local and international, all encompassing estate & auction company. only average in appreciation for the same period relative to other neighborhoods Methodology: Additionally, there are 100 rentals, with a range of $1.5K to $20K per month. percentage change in the resale value of existing homes in that city, town 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. information is obtained by reviewing repeat mortgage transactions on Research Rancho Mirage real estate market trends and find homes for sale. 264 Homes For Sale in Rancho Mirage, CA. 70671 Oroville Cir Rancho Mirage CA 92270. 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. 50%. Based on the last twelve months, short-term real estate investors have found good fortune in Rancho Mirage. The median list price in Rancho Mirage went up 2% from November to December. Census, and a weighted repeat sales index, meaning that they measure average 81%. Rancho Mirage Rancho Mirage is known for its exclusive gated communities, beautiful golf courses, and superb tennis facilities. 8,376,755. Home Prices in Rancho Mirage. Eye on how our Palm Springs market is not very competitive ranging rancho mirage real estate market. Homes were sold while median home prices increased by 2.11 % housing Rancho! Schools, and more last year, 732 homes were sold while home. 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