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Rancho Mirage, CA 92270 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Rancho Mirage, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.92
ActiveActive listings: 3636PendingPending sales: 3333
Rancho Mirage, CA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $799k$799kSoldMedian sold price (last 6 months): $815k$815k
What homes actually sell for in Rancho Mirage, CA
Distribution of 524 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $600k to $1.26M
$255k to $583k: 98 sales$255k$583k to $911k: 186 sales186sales$911k to $1.24M: 72 sales$911k$1.24M to $1.57M: 48 sales$1.57M to $1.9M: 23 sales$1.57M$1.9M to $2.22M: 19 sales$2.22M to $2.55M: 14 sales$2.22M$2.55M to $2.88M: 11 salesMedian $815k

What the numbers say

As of August 26, 2026, Resideline is tracking 36 active listings and 33 pending sales in ZIP code 92270. That pending-to-active ratio of 0.92 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $799,000, while the median of the 524 closed sales Resideline tracked over the last six months was $815,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. The median active listing in 92270 has been on the market for 2 days.

Frequently asked questions

What is the median home price in 92270?

The median closed sale price in Rancho Mirage, CA 92270 was $815,000 over the last six months, based on 524 closed sales tracked by Resideline. The middle half of those sales ranged from $600,000 to $1,265,000.

Is 92270 a buyer's or seller's market?

Resideline is currently tracking 33 pending sales against 36 active listings in 92270, a pending-to-active ratio of 0.92. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 92270 currently looks like a seller's market.

Nearby ZIP code market data

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