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Grand Traditions Highlands Hillhurst Mission Viejo North (North Mission Viejo) Rancho Santa Margarita Central (Central Rancho Santa Margarita) Rancho Santa Margarita North (North Rancho Santa Margarita) Robinson Ranch Stoneridge Gallery Tijeras Creek Golf Club (Tijeras Creek) Trabuco Canyon Wagon Wheel

RANCHO SANTA MARGARITA, CA 92688

Real Estate Market Report  ·  Orange County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 92688

Grand Traditions · Highlands · Hillhurst · Mission Viejo North (North Mission Viejo) · Rancho Santa Margarita Central (Central Rancho Santa Margarita) · Rancho Santa Margarita North (North Rancho Santa Margarita) · Robinson Ranch · Stoneridge Gallery · Tijeras Creek Golf Club (Tijeras Creek) · Trabuco Canyon · Wagon Wheel

Market Analysis

Data as of March 2026. Source: Realtor.com.

The RANCHO SANTA MARGARITA, CA real estate market (92688) currently shows 101 active listings, with 39 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

The median listing price has fallen 11.1% year-over-year, from $920,000 to $818,250.

Whether you are buying or selling in RANCHO SANTA MARGARITA, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 44,444  ·  Density: 1,298.0/mi²  ·  Median household income: $141,089

Typical home value: $819,604  ·  Homeownership: 69.7%

Market Overview

Active Listings
101
⇧ 18.8% vs 85 last year
Pending
39
39% pending ratio
Median Price
$818,250
⇩ 11.1% vs $920,000 last year
Average Price
$930,104
⇩ 4.6% vs $974,933 last year
Days on Market
42
vs 42 days last year

Price Per Square Foot

Median $/sqft
$662
⇧ 4.1% vs $636/sqft last year
Median Home Size
1,250 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 85 last year
  • Days on market: 42 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $818,250 (-11.1% YoY)
  • Average: $930,104 (-4.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.7 miles — 1,396 listings ($4,364,941,256 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92688Rancho Santa Margarita, CA 926880.0 mi94$87,013,168$836,700$925,672
92691Mission Viejo, CA 926913.2 mi83$96,590,835$1,230,750$1,163,745
92630Lake Forest, CA 926304.7 mi137$192,175,380$1,312,475$1,402,740
92653Laguna Hills, CA 926535.4 mi41$100,027,905$1,723,950$2,439,705
92694Ladera Ranch, CA 926947.3 mi160$231,156,160$1,197,000$1,444,726
92618Irvine, CA 926187.8 mi247$525,031,351$1,831,500$2,125,633
92675San Juan Capistrano, CA 926758.5 mi65$174,967,780$2,394,250$2,691,812
92651Laguna Beach, CA 9265110.0 mi159$1,407,928,782$5,303,750$8,854,898
92620Irvine, CA 9262010.4 mi87$170,784,828$1,907,222$1,963,044
92603Irvine, CA 9260310.5 mi36$129,253,680$2,999,000$3,590,380
92624Capistrano Beach, CA 9262411.3 mi29$106,438,903$2,897,000$3,670,307
92883Corona, CA 9288312.5 mi198$162,504,144$760,000$820,728
92657Newport Coast, CA 9265712.7 mi60$981,068,340$12,056,250$16,351,139

Frequently Asked Questions

How many homes are for sale in RANCHO SANTA MARGARITA, CA 92688?

As of March 2026, there are 101 active listings in RANCHO SANTA MARGARITA, CA (zip code 92688), compared to 85 the prior year.

What is the median home price in RANCHO SANTA MARGARITA, CA 92688?

The median listing price in RANCHO SANTA MARGARITA, CA 92688 is $818,250 as of March 2026, a 11.1% decrease from $920,000 the prior year.

How long do homes stay on the market in RANCHO SANTA MARGARITA, CA?

Homes in RANCHO SANTA MARGARITA, CA 92688 spend an average of 42 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in RANCHO SANTA MARGARITA, CA 92688?

Based on current inventory and days-on-market data as of March 2026, RANCHO SANTA MARGARITA, CA 92688 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

How much can I save on real estate commission in RANCHO SANTA MARGARITA, CA?

With SELL123.com's maximum 3% commission, sellers in RANCHO SANTA MARGARITA, CA 92688 save an estimated $16,365 compared to a typical 5% commission on the median listing price of $818,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.