40565 Morningstar Rd Rancho Mirage, CA 92270

40565 Morningstar Rd is currently an off market home in the city of Rancho Mirage. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Rancho Mirage has a median list price of $950,000. The median price per/sqft for Rancho Mirage is $423. With those numbers in mind, if you are looking to purchase a median priced home in Rancho Mirage, CA and put 20% down you will need to save up $190,000 for the down payment and will need roughly $19,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Rancho Mirage the commission could be as much as $51,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

Continue Reading