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Updated May 2026 · Redfin · 3-month window

92688 Real Estate Market Update: Rancho Santa Margarita, CA, May 2026

The latest housing-market numbers for ZIP code 92688 in Rancho Santa Margarita, California, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 92688 · Rancho Santa Margarita, CA · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$972K▼ -3.8%▲ +6.5%
Days on market31▼ -17.6%▼ -19.7%
Homes for sale106▲ +11.6%▼ -8.6%
Sale-to-list99.9%▲ +0.3%• 0.0%
Homes sold96▼ -11.1%▼ -20.0%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 92688 numbers say

Prices in Rancho Santa Margarita's 92688 ZIP are still climbing. The median sale price reached $972,000, up 6.5% year over year. Homes here move fast: a typical listing goes under contract in about 31 days, and sellers are getting 99.9% of list price.

Based on 96 recent sales, 92688 is currently an active market.

What this means if you sell in 92688

Use these figures to set expectations early. Lead a listing appointment with the median price and the 31-day pace, show the year-over-year direction, and frame 92688 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 92688 housing market

What is the median home price in ZIP 92688 (Rancho Santa Margarita, CA)?
As of May 2026, the median sale price in ZIP 92688 is $972,000 (+6.5% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 92688 a buyer's or seller's market right now?
ZIP 92688 is currently an active market, based on a 99.9% sale-to-list ratio, about 31 days on market for May 2026.
How long do homes take to sell in ZIP 92688?
A typical listing in 92688 goes under contract in about 31 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 92688 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.