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Rising home prices in Rancho Mirage in January 2021

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The median sale price of a home sold in January 2021 in Rancho Mirage rose by $142,500 while total sales decreased by 31.3%, according to BlockShopper.com.

In January 2021, there were 44 homes sold, with a median sale price of $655,000 - a 27.8% increase over the $512,500 median sale price for the same period of the previous year. There were 64 homes sold in Rancho Mirage in January 2020.

The median sales tax in Rancho Mirage for the most recent year with available data, 2019, was $6,495, approximately 1% of the median home sale price for January 2021.

The following table compares Rancho Mirage to other Riverside County cities with similar median sale prices in January 2021:

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Indian Wells1627-40.7%$884,500$820,0007.9%
Yucaipa 110%$800,000$680,00017.6%
Norco925-64%$700,000$585,00019.7%
Rancho Mirage4464-31.3%$655,000$512,50027.8%
La Quinta88118-25.4%$577,000$434,75032.7%
Corona97144-32.6%$570,000$505,00012.9%
Palm Springs76102-25.5%$569,500$450,00026.6%
Temecula69135-48.9%$565,000$472,50019.6%
Mira Loma 49-55.6%$555,000$540,0002.8%
Winchester 2048-58.3%$545,000$406,00034.2%
Canyon Lake79-22.2%$510,000$475,0007.4%

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