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Home prices · data through September 2026

Rancho Santa Margarita home prices

Median sale price, price per square foot and pace of sales, with the price history since 2012. Data through September 2026.

In the three months ending September 2026, the median Rancho Santa Margarita home sold for $1,024,512, down 2.4% from a year earlier. Compared with the same months in earlier years, the median is up 24.6% over five years and up 86.3% over ten years. Homes took a median of 41 days to sell, and 29.9% sold above list price. With 2.5 months of supply, it's a seller's market by the usual rule of thumb. For context, the Orange County median in September 2026 was $1,207,298, so Rancho Santa Margarita sold for about 15% less.

The latest numbers

Median sale price$1,024,512−2.4% vs a year earlier
Median price per sq ft$628−0.8% vs a year earlier
Median days on market4120 fewer than a year earlier
Sale-to-list ratio99.5%+0.5 pts vs a year earlier
Sold above list price29.9%+6.4 pts vs a year earlier
Homes sold (3 months)129136 a year earlier

Rancho Santa Margarita, three months ending September 2026 (July–September 2026 sales), compared with the same months a year earlier. All home types. Source: Redfin.

Buyer's or seller's market?

2.5months of supplySeller's market

At the recent pace of about 43 sales a month, the 105 homes for sale at the end of September would sell out in about 2.5 months if nothing new were listed. A year earlier it was 2.9 months. The hollow marker shows a year earlier.

Months of supply = homes for sale at the end of the period ÷ the monthly pace of sales. A common rule of thumb: under 4 months favors sellers, 4 to 6 is balanced, over 6 favors buyers. Treat it as a rough guide, especially where few homes sell.

How fast homes are moving

Listings with a price cut35.9%+1.0 pts vs a year earlier
Off the market within two weeks38.0%+18.4 pts vs a year earlier
New listings (3 months)138139 a year earlier
Homes for sale, end of period105127 a year earlier

Three months ending September 2026. A price cut counts any listing whose price was reduced during the period.

Median sale price since 2012

Rancho Santa Margarita, 3-month medianRancho Santa Margarita, 12-month averageOrange County, 12-month average
Median sale price, all home types. The thin line is Redfin's rolling three-month median; the bold line averages the last 12 monthly figures to smooth out small-sample swings. Dashed: Orange County (single-month medians), averaged the same way. Source: Redfin.

Best month to sell

Across 2013–2025, homes in Rancho Santa Margarita that closed in April sold for the highest share of their list price (100.5% on average), and they also sold fastest (about 33 days on market). It's based on about 62 sales a month on average.

MonthSale-to-listDays
January99.5%48
February100.0%40
March100.4%35
April Best price Fastest100.5%33
May100.4%33
June100.2%34
July100.0%36
August99.7%39
September99.5%43
October99.4%47
November99.3%50
December99.2%54

Each month uses Redfin's three-month figures centred on it, averaged over 13 years and weighted by homes sold. Sale-to-list = sale price as a share of the final list price; days = median days on market, averaged. These are closing months: escrow usually takes about 30 days, so a home that closes in April typically went under contract a month or so earlier.

Get a selling plan from Eunice

Timing is one lever. Pricing, preparation and presentation matter more. Eunice will map out when to list and how to price your home.

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The wider market

Regional · Orange County · four weeks ending October 25, 2026

Sellers who pulled their homes, and deals that fell through

6.5%of homes for sale were pulled off the market without selling (+0.5 pts vs a year earlier)
15.8%of homes that went under contract fell out of escrow (+1.2 pts vs a year earlier)

Homes that sit tend to collect price cuts, and some sellers give up and withdraw. Pricing on recent comparable sales from day one, and preparing the home before it hits the market, is the best protection against both.

County-level figures from Redfin's Home Delistings & Relistings and Home Purchase Cancellations data (Redfin's Anaheim metro area, which is Orange County); Redfin doesn't publish them for individual cities.

More regional numbers for Orange County
Buyers vs sellers (Redfin Balance of Power)Buyer's Market: about 5,709 buyers and 7,513 sellers (0.76 buyers per seller)September 2026
Homes for sale with a price cut19.6% (+2.8 pts vs a year earlier); average cut 3.9%four weeks ending October 25, 2026
How buyers paid25.1% all cash · 4.2% FHA · 3.5% VA · 19.5% jumbo loans; median down payment 22.9% ($297,375)June 2026
Luxury vs other homesLuxury: median $5.38M, 72 days on market, 9.9% sold above list. Everything else: $1.21M, 38 days, 35.7% above listthree months ending September 2026

Metro-level Redfin data (Redfin's Anaheim metro area, which is Orange County): Balance of Power, Price Drops, Financing Trends and the Luxury Home Market. Redfin's Balance of Power compares estimated active buyers with sellers, so it can disagree with months of supply, which compares listings with sales.

Supply, demand and price cuts

New listings vs homes sold since 2012
Homes newly listed vs homes sold per three-month window, averaged over the last 12 months to smooth out swings. When new listings run above sales for a while, inventory builds and buyers gain leverage. Source: Redfin.
Price cuts and quick sales since 2012
Share of active listings with a price cut, and share of listings that went under contract within two weeks, from Redfin's rolling three-month figures averaged over the last 12 months. Source: Redfin.

Asking price vs sale price

Median asking price, new listings$940,418
Median sale price$1,024,512
Sold vs final list price99.5%

Homes that sold in Rancho Santa Margarita in Jul–Sep 2026 closed on average 0.5% under their asking price. The asking-price median covers homes newly listed in the same months, which aren't the same homes that sold, so read the two medians as a rough gap, not a discount.

What your budget buys

At Rancho Santa Margarita's median of $628 per square foot (Jul–Sep 2026):

BudgetTypical size at the median price per sq ft
$750Kabout 1,190 sq ft
$1Mabout 1,590 sq ft
$1.5Mabout 2,390 sq ft

Budget ÷ median sale price per square foot, rounded to the nearest 10. A starting point, not an appraisal: condition, lot, views and home type move prices more than any average.

Then and now

The median for the same three months in earlier years, so seasonal swings don't distort the comparison.

PeriodMedian sale priceChange to nowPer sq ftChange to now
Now
Jul–Sep 2026
$1,024,512–$628–
1 year earlier
Jul–Sep 2025
$1,050,000−2.4%$633−0.8%
3 years earlier
Jul–Sep 2023
$880,000+16.4%$595+5.5%
5 years earlier
Jul–Sep 2021
$822,000+24.6%$509+23.4%
10 years earlier
Jul–Sep 2016
$550,000+86.3%$358+75.3%

What is your Rancho Santa Margarita home worth today?

Medians describe the whole market. Eunice will price your home on the sales that actually compare.

Ask EuniceRequest a home value

Medians mix every home type and condition. In small markets a handful of sales can swing them, so read them as direction, not as a value for any one home.

Sources
  1. Redfin: Rancho Santa Margarita housing market
  2. Redfin: Orange County housing market
  3. Redfin Data Center, housing market data (monthly download, All Residential, not seasonally adjusted)
  4. Redfin Data Center downloads: Home Delistings & Relistings, Home Purchase Cancellations, Price Drops, Balance of Power, Financing Trends, Luxury Home Market (metro areas)

Data from Redfin, a national real estate brokerage, based on MLS and public records. Data through September 2026 · page updated October 29, 2026 · refreshed automatically each month.

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