The Mission Viejo housing market is very competitive. Homes in Mission Viejo receive 6 offers on average and sell in around 26 days. The median sale price of a home in Mission Viejo was $1.2M last month, up 26.6% since last year. The median sale price per square foot in Mission Viejo is $601, up 5.9% since last year.
What is the housing market like in Mission Viejo today?
In March 2024, Mission Viejo home prices were up 26.6% compared to last year, selling for a median price of $1.2M. On average, homes in Mission Viejo sell after 26 days on the market compared to 29 days last year. There were 70 homes sold in March this year, down from 98 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,152,500
+26.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Mission Viejo, CA
$1,152,500
+26.6%
United States
To compare other locations to the Mission Viejo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Mission Viejo's median sale price is 121% higher than the national average. Overall cost of living in Mission Viejo is 51% higher than the national average. Learn which home features in Mission Viejo add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Mission Viejo housing market?
Mission Viejo is very competitive. Homes sell in 26 days.
0
100
84
Very 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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 26 days.
Hot homes
can sell for about 5% above list price and go pending in around 13 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Mission Viejo
Explore recent offers and recently sold homes in Mission Viejo
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$600K Offer
Sold for $600K
2bd | 1.25ba | ~1,000sqft
Over List Price
3%
Days on Market
18
Competing Offers
2
Down Payment
~10%
Misty Tracy
Mission Viejo Redfin Agent
Seller accepted a $580 cash offer. My buyer offered $590 but too many moving parts, i.e., financing looked shaky. …
More
Offer Not Accepted|
10 Weeks Ago
~$1M Offer
Sold for $1.25M
4bd | 2.5ba | ~2,000sqft
Over List Price
1%
Days on Market
5
Competing Offers
15
Offer
All Cash
Ginger Huetsch
Mission Viejo Redfin Agent
Many offera, went in over list all cash.
Even offered an extra $5k if accepted by a certain time.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Chaparral Elementary School
Public • K-5
785
Students
8 reviews
9/10
Philip J. Reilly Elementary
Public • K-5
480
Students
14 reviews
8/10
Castille Elementary School
Public • K-5
547
Students
12 reviews
8/10
Las Flores Elementary School
Public • K-5
461
Students
18 reviews
8/10
Oso Grande Elementary School
Public • K-5
1153
Students
9 reviews
Only showing 5 of
26 elementary schools.
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 Mission Viejo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Mission Viejo.
Risk Factor
Flood Factor - Minor
3% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Mission Viejo has a minor risk of flooding. 73 properties in Mission Viejo are likely to be
severely affected
by flooding over the next 30 years. This represents 3% of all properties in Mission Viejo. Flood risk is increasing slower than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Mission Viejo has a moderate risk of wildfire. There are 27,779 properties in Mission Viejo that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Mission Viejo.
Mission Viejo has minimal risk of severe winds over the next 30 years
Wind Factor
Mission Viejo has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.