The Rancho Santa Margarita housing market is very competitive. Homes in Rancho Santa Margarita receive 4 offers on average and sell in around 27 days. The median sale price of a home in Rancho Santa Margarita was $1.1M last month, up 24.8% since last year. The median sale price per square foot in Rancho Santa Margarita is $645, up 8.0% since last year.
What is the housing market like in Rancho Santa Margarita today?
In April 2024, Rancho Santa Margarita home prices were up 24.8% compared to last year, selling for a median price of $1.1M. On average, homes in Rancho Santa Margarita sell after 27 days on the market compared to 38 days last year. There were 49 homes sold in April this year, up from 44 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,100,000
+24.8% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Rancho Santa Margarita, CA
$1,100,000
+24.8%
United States
To compare other locations to the Rancho Santa Margarita and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Rancho Santa Margarita's median sale price is 152% higher than the national average. Overall cost of living in Rancho Santa Margarita is 52% higher than the national average. Learn which home features in Rancho Santa Margarita add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Rancho Santa Margarita housing market?
Rancho Santa Margarita is very competitive. Homes sell in 22 days.
0
100
88
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 22 days.
Hot homes
can sell for about 5% above list price and go pending in around 14 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Rancho Santa Margarita, CA
103.0%
+2.1 pt
United States
Rancho Santa Margarita Migration & Relocation Trends
In Mar '24 - May '24, 21% of Rancho Santa Margarita homebuyers searched to move out of Rancho Santa Margarita, while 79% looked to stay within the metropolitan area.
Where are people moving to Rancho Santa Margarita from?
Across the nation, 5% of homebuyers searched to move into Rancho Santa Margarita from outside metros.
San Francisco homebuyers searched to move into Rancho Santa Margarita more than any other metro followed by New York and Seattle.
Where are people from Rancho Santa Margarita moving to?
79% of Rancho Santa Margarita homebuyers searched to stay within the Rancho Santa Margarita metropolitan area.
San Diego was the most popular destination among Rancho Santa Margarita homebuyers followed by Las Vegas and Phoenix.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Rancho Santa Margarita
Explore recent offers and recently sold homes in Rancho Santa Margarita
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$800K Offer
Sold for $850K
2bd | 2.5ba | ~1,250sqft
Over List Price
0%
Days on Market
22
Competing Offers
10
Down Payment
—
Pyper Parker
Rancho Santa Margarita Redfin Agent
Offer Not Accepted|
8 Weeks Ago
~$850K Offer
Sold for $950K
3bd | 2.5ba | ~1,500sqft
Over List Price
0%
Days on Market
29
Competing Offers
9
Down Payment
—
Pyper Parker
Rancho Santa Margarita Redfin Agent
Offer Not Accepted|
9 Weeks Ago
~$850K Offer
Sold for $900K
3bd | 3ba | ~1,250sqft
Over List Price
0%
Days on Market
4
Competing Offers
8
Down Payment
—
Pyper Parker
Rancho Santa Margarita Redfin Agent
View houses in Rancho Santa Margarita that sold recently
Learn about schools in the Rancho Santa Margarita area
Elementary
Middle
High
GreatSchools Rating
9/10
Tijeras Creek Elementary School
Public • K-5
287
Students
30 reviews
8/10
Trabuco Mesa Elementary School
Public • K-6
689
Students
24 reviews
8/10
Philip J. Reilly Elementary
Public • K-5
411
Students
14 reviews
7/10
Robinson Elementary School
Public • K-6
400
Students
20 reviews
7/10
Melinda Heights Elementary School
Public • K-6
972
Students
20 reviews
Only showing 5 of
9 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Rancho Santa Margarita housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rancho Santa Margarita.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rancho Santa Margarita has a minor risk of flooding. 188 properties in Rancho Santa Margarita are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Rancho Santa Margarita. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rancho Santa Margarita has a major risk of wildfire. There are 10,763 properties in Rancho Santa Margarita that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Rancho Santa Margarita.
Rancho Santa Margarita has minimal risk of severe winds over the next 30 years
Wind Factor
Rancho Santa Margarita has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
61% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Rancho Santa Margarita has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 61% of homes in Rancho Santa Margarita have a Moderate Heat Factor®.
Rancho Santa Margarita is expected to see a 200% increase in the number of days over 93ºF over the next 30 years. Rancho Santa Margarita is expected to experience 7