Rancho Santa Margarita Homes for Sale Under $2 Million
131 listings under $2 million for sale in Rancho Santa Margarita across ZIP codes 92679 and 92688. Median asking price $854,900. Communities include Tijeras Creek Villas, Belflora, Alicante, Cabo Vista and Montana del Lago.
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Rancho Santa Margarita Homes Under $2 Million for Sale: Market Snapshot
Half of the homes under $2 million for sale ask between $674,999 and $1,149,900, and 90% of them ask between $449,000 and $1,624,900. The listings include 45 single-family homes and 86 condos and townhomes. The median home has 1,428 square feet of living space and asks $646 per square foot. Homes under $2 million for sale have been on the market a median of 51 days. In the last 7 days, 12 homes under $2 million came on the market, and 64 homes under $2 million now ask less than their original price. Figures from the MLS as of October 11, 2026.
Rancho Santa Margarita Homes by Type and Feature
- Single-family homes48 listings
- Condos68 listings
- Townhomes18 listings
- Homes with pools12 listings
- Single-story homes40 listings
- Gated community homes9 listings
- Homes under $500K13 listings
- Homes under $1 million82 listings
- New listings (last 7 days)12 listings
- Homes under $2 million across Orange County5,830 listings
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