The Rancho Mercado housing market is somewhat competitive. The median sale price of a home in Rancho Mercado was $425K last month, down 7.5% since last year. The median sale price per square foot in Rancho Mercado is $241, up 6.2% since last year.
What is the housing market like in Rancho Mercado today?
In August 2025, Rancho Mercado home prices were down 7.5% compared to last year, selling for a median price of $425K. On average, homes in Rancho Mercado sell after 67 days on the market compared to 78 days last year. There were 47 homes sold in August this year, up from 34 last year.
$443K
Sale Price
-20.6% since last year
$241
Sale $/Sq. Ft.
+6.2% since last year
Under List Price
0.7%
Days on Market
77.5
Down Payment
2.6%
Total Homes Sold
18
To compare other locations to the Rancho Mercado and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Surprise add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Rancho Mercado
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Rancho Mercado housing market?
Rancho Mercado is somewhat competitive. Homes sell in 77.5 days.
0
100
47
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 78 days.
Hot homes
can sell for around list price and go pending in around 44 days.
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 Mercado housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rancho Mercado.
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rancho Mercado has a minor risk of flooding. 26 properties in Rancho Mercado are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Rancho Mercado. 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 Mercado has a moderate risk of wildfire. There are 2,402 properties in Rancho Mercado that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Rancho Mercado.
Rancho Mercado has minimal risk of severe winds over the next 30 years
Wind Factor
Rancho Mercado has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.