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Rancho Santa Margarita, CA 92688 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Rancho Santa Margarita, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 3535PendingPending sales: 22
Rancho Santa Margarita, 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): $830k$830kSoldMedian sold price (last 6 months): $910k$910k
What homes actually sell for in Rancho Santa Margarita, CA
Distribution of 229 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $675k to $1.2M
$485k to $619k: 31 sales$485k$619k to $754k: 46 sales46sales$754k to $888k: 21 sales$754k$888k to $1.02M: 30 sales$1.02M to $1.16M: 29 sales$1.02M$1.16M to $1.29M: 20 sales$1.29M to $1.43M: 17 sales$1.29M$1.43M to $1.56M: 13 salesMedian $910k

What the numbers say

As of October 26, 2026, Resideline is tracking 35 active listings and 2 pending sales in ZIP code 92688. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $829,999, while the median of the 229 closed sales Resideline tracked over the last six months was $910,000. 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. Resideline has been seeing the median active listing in 92688 for 79 days.

Frequently asked questions

What is the median home price in 92688?

The median closed sale price in Rancho Santa Margarita, CA 92688 was $910,000 over the last six months, based on 229 closed sales tracked by Resideline. The middle half of those sales ranged from $675,000 to $1,200,000.

Is 92688 a buyer's or seller's market?

Resideline is currently tracking 2 pending sales against 35 active listings in 92688, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 92688 is currently a typical-pace market.

Nearby ZIP code market data

Full Rancho Santa Margarita, CA housing market report →

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