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Market Intelligence · CA / Riverside County

Rancho Mirage, CA home prices and housing market

1 ZIP market liveData updated September 2026Typical value$837K1-yr changeUp0.8%

The typical home value in Rancho Mirage, CA is $837K as of September 2026, up 0.8% from a year ago, based on the Zillow Home Value Index. In the typical Rancho Mirage ZIP code, the median list price is $899K and homes spend a median of 72 days on market as of September 2026 (Realtor.com).

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Debbie Toohey

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Debbie Toohey

Lic #01260508 CA

Debbie Toohey is a Greater Palm Springs real estate agent and co-founder of SolCal Properties®, a boutique luxury team in Palm Springs, CA. With 20+ years of experience and $750M+ in career sales, she represents sellers and buyers in Palm Springs, Palm Desert, Rancho Mirage, La Quinta and Indian Wells. Debbie works with relocation, second-home and luxury clients, and her team offers clear communication and full support from listing through closing. Learn more at solcalproperties.com.

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The coverage

Rancho Mirage, by the numbers.

Typical home valueZillow ZHVI, September 2026
$837K
1-yr changeMedian across Rancho Mirage ZIPs
+0.8%
ZIP markets live
1
County
Riverside County

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12-month value trend

+0.8% over 12 months

Typical home value in Rancho Mirage over the last 12 months: $830K in Sep 2025 to $837K in Sep 2026 (+0.8%).

Sep 2025$830K

Sep 2026$837K

Median Zillow home value index across Rancho Mirage's ZIP codes.

Context

The typical home in Rancho Mirage is worth $836,584, up 0.8% over the past year as of September 2026. That is a flat market, not a climbing one. Sellers are listing at a median of $899,000, and homes are taking a median of 72 days to sell. There were 267 homes for sale and 96 new listings in September 2026, so buyers have real choice. Only 9.7% of listings had a price cut, which suggests most sellers are still holding near their asking prices. For a Rancho Mirage homeowner, this means pricing realistically from day one matters more than it would in a fast market.

The numbers

What is the housing market like in Rancho Mirage, CA?

Typical home value

$837K

Up0.8%YoY

Median list price

$899K

Days on market

72

Homes for sale

267

Price cuts

9.7%

New listings

96

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Rancho Mirage's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Rancho Mirage, CA home prices over time

Typical home values in Rancho Mirage, CA are up 0.8% over the past year, from $830K in September 2025 to $837K in September 2026.

Typical home value in Rancho Mirage, CA, September of each year
MonthTypical value1-yr change
September 2026$836,584+0.8%
September 2025$829,796No prior year

Typical value is the median Zillow Home Value Index across Rancho Mirage ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Rancho Mirage, CA a buyer's or seller's market?

Rancho Mirage, CA is roughly balanced between buyers and sellers.

The signals are mixed: relatively few listings have cut their asking price, but homes are taking longer to sell, so pricing and condition matter more than market direction.

Based on a median of 72 days on market and 10% of listings with a price cut in the typical Rancho Mirage ZIP code, and 96 new listings against 267 active listings across Rancho Mirage, as of September 2026 (Realtor.com).

The outlook

Rancho Mirage housing market forecast 2027

+0.6%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Rancho Mirage ZIP code, points to typical home values rising 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in Rancho Mirage rose 0.8%, per the Zillow Home Value Index.

Will home prices drop in Rancho Mirage?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Rancho Mirage shows typical home values rising 0.6% by September 2027, after a 0.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Rancho Mirage ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Rancho Mirage?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Rancho Mirage, CA home prices.

How much is a home in Rancho Mirage worth?

The typical home value in Rancho Mirage is $836,584 as of September 2026, up 0.8% over the past year. This is a citywide figure, so an individual home may be worth more or less.

How long does it take to sell a home in Rancho Mirage?

Homes in Rancho Mirage spent a median of 72 days on the market as of September 2026. That gives buyers time to compare the 267 homes listed for sale.

Are Rancho Mirage sellers cutting prices?

As of September 2026, 9.7% of listings in Rancho Mirage had a price cut. The median list price was $899,000, with 96 new listings added that month.

Are home prices going up or down in Rancho Mirage, CA?

Typical home values in Rancho Mirage, CA are up 0.8% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Rancho Mirage, CA a buyer's or seller's market?

Rancho Mirage, CA is roughly balanced between buyers and sellers. The signals are mixed: relatively few listings have cut their asking price, but homes are taking longer to sell, so pricing and condition matter more than market direction. Based on a median of 72 days on market and 10% of listings with a price cut in the typical Rancho Mirage ZIP code, and 96 new listings against 267 active listings across Rancho Mirage, as of September 2026 (Realtor.com).

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