Mission Viejo Housing Market Update — Saturday, October 31, 2026

October 31, 2026
Russell Walsh Realty
WEEKLY RESIDENTIAL MARKET SNAPSHOT
MISSION VIEJO

Mission ViejoHousing Market Update

Saturday, October 31, 2026

Mission Viejo’s citywide median sale price stands at $1.18 million for September (county records, 78 recorded closings as of Sep 30) — with 169 homes for sale right now and the 30-year fixed easing to 7.24% for the week ending October 29.

Median $ Sold
$1.18M
Sep 2026 · county records
Realty.com · Sep 2026
Asking Trend
$1.09M
median list price
RealtyHop · live
Active Inventory
169
homes for sale
RealtyHop · live
Market Time
44 days
median DOM · homes sold
Redfin · 3 mo. to Sep 2026
Sale-to-List
98.6%
of asking
Realty.com · Sep 2026
30-Year Fixed
7.24%
+1.07 pt YoY
Freddie Mac · Oct 29

Quick read: Mission Viejo’s median sold about $1.18M (September county records, 78 sales), 169 homes for sale right now — with the 30-year fixed at 7.24%.

Hero photo: Lake Mission Viejo

The September price picture

Realty.com’s September county-records release is unchanged this week (78 recorded sales as of Sep 30), while live asking prices from RealtyHop edged down to $1,090,000.

All-home median sale price

$1,180,000
September 2026 · county records (78 recorded sales, as of Sep 30)

September county records show a $1,180,000 all-home median across 78 recorded sales (as of Sep 30) — the same release as the October 24 edition; Realty.com has not yet posted October figures. The typical sale range ran $845,000–$1,440,000 at $654 per square foot, and 20.5% of buyers paid cash. In the same release, MLS logged 79 September sales closing at 98.6% of asking, as of Sep 30.

Source: Realty.com (county records), September 2026 as of Sep 30 — extracted Oct 31, 2026.

Live asking prices

$1,090,000
Median list price · live

169 residential homes currently for sale: 114 houses, 51 condos and 4 townhouses. Asking inventory refreshes hourly; listings range from $860,000 in the lower quartile to $1,390,000 in the upper quartile at $666 per square foot.

Source: RealtyHop (live) — extracted Oct 31, 2026.

Price per square foot

$654
September 2026 · Realty.com, county records

The median sold price worked out to $654 per square foot across September's 78 county-recorded sales.

Source: Realty.com (county records), September 2026 as of Sep 30 — extracted Oct 31, 2026.

Sale-to-list

98.6%
September 2026 · Realty.com, MLS (79 sales, as of Sep 30)

September MLS sales closed at 98.6% of asking price — buyers here are paying close to, but slightly below, asking.

Source: Realty.com (MLS), September 2026 as of Sep 30 — extracted Oct 31, 2026.

Market time — from Redfin this week

Realty.com’s September release did not include a median days-on-market read, so this week’s market-time figure comes from the next source in our chain: Redfin’s median for homes sold over the three months ending September 2026 — a longer window than the single-month September price figures.

Median days on market44 daysRedfin, homes sold — 3 months ending Sep 2026
Other snapshot59 daysRealtyHop average, current listings, as of Oct 31 (not a median)
Active inventory169RealtyHop live count, refreshed hourly

Sources: Redfin (median days on market, 3 months ending Sep 2026), Realty.com and RealtyHop.

How the 169 break down

Live asking inventory spans detached houses, condos and townhouses — the segments buyers actually shop.

Houses for sale

114
of 169 live listings

Detached houses make up the largest share of the 169 live listings.

Source: RealtyHop (live) — extracted Oct 31, 2026.

Condos and townhouses

55
of 169 live listings · 51 condos, 4 townhouses

Attached homes round out current asking inventory beyond the 114 detached houses.

Source: RealtyHop (live) — extracted Oct 31, 2026.

7.24%
30-year fixed average
Week ending October 29, 2026

Rates are the pressure point

The 30-year fixed rate eased to 7.24% — down from 7.32% the prior week — and stood 107 basis points above 6.17% a year earlier. The 15-year fixed averaged 6.60%, down from 6.68% the prior week and up from 5.41% a year ago. “The average 30-year fixed-rate mortgage declined again this week, reaching its lowest level this month and modestly boosting purchasing power for prospective buyers,” Freddie Mac said in its weekly release.

Borrowing costs at 7.24% are still slowing urgency. That does not make every home negotiable, but it rewards buyers who compare condition, days on market and seller motivation carefully.

Source: Freddie Mac Primary Mortgage Market Survey, weekly averages as of October 29, 2026 (released Oct 29, 12 p.m. ET; extracted Oct 31, 2026).

National context

Mission Viejo’s September read sits inside a broader market where bond yields set the tone for borrowing costs and investors watch jobs and inflation data for the Federal Reserve’s next move.

  • 4.94%10-year Treasury par yield on Oct 30 (U.S. Treasury daily yield curve), down from 4.98% on Oct 29 — mortgage rates follow bond yields.
  • 29,000Jobs added in the September employment report (released Oct 2), with unemployment at 4.2% — Reuters reported the slowdown nearly took another Fed rate hike this month off the table.
  • This week, Oct 29Freddie Mac’s weekly average eased to 7.24% (as of Oct 29), down from 7.32% for the week ending Oct 22.

Sources: U.S. Treasury daily par yield curve, Oct 30, 2026 (extracted Oct 31, 2026); Reuters coverage of the BLS September jobs report, Oct 2, 2026 — extracted Oct 5, 2026.

How to read these figures

Realty.com’s September 2026 county-records median ($1,180,000, 78 recorded sales as of Sep 30) is still the freshest monthly closed-sale figure; the release is unchanged from the October 24 edition (October figures not yet posted). Realty.com does not publish a median-sale-price YoY %; its assessor repeat-sales index reads +2.1% YoY (as of Sep 30) — a different methodology, not presented as median-price YoY. Median days on market was not published in Realty.com’s September release, so it comes from the next source in the fallback chain: Redfin reports a 44-day median for homes sold over the three months ending September 2026 (Redfin calculations from MLS and/or public records; 51 days a year earlier) — a different source and a longer window than the single-month September price figures. RealtyHop’s 59-day figure (as of Oct 31) is an average for current listings, not a median for closings. Active-inventory counts vary by source and methodology: RealtyHop’s live residential count showed 169 (114 houses, 51 condos, 4 townhouses), refreshed hourly — down from 176 in the October 24 edition — while Realty.com’s MLS snapshot (as of Sep 27) showed 176 homes for sale at a $1,120,000 median list price. MLS sales closed at 98.6% of asking in September (79 sales as of Sep 30), with 20.5% of county-recorded buyers paying cash. Redfin is used only for median days on market; its city page was checked on Oct 31, 2026. The 30-year rate is Freddie Mac’s week-ending-October-29 average (released Oct 29 at noon ET), down from 7.32% the prior week.

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Russell Walsh

Russell Walsh, Russell Walsh Realty — South Orange County real estate.

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