99 homes in near Esencia
Rancho Mission Viejo, CA
About Rancho Mission Viejo: Esencia is located in Rancho Mission Viejo. Rancho Mission Viejo is an active 23,000 acres (9,300 ha) ranch and farm, habitat reserve, residential community, and census-designated place in South Orange County, California. Rancho Mission Viejo is one of the Mexican Ranchos of California, with Rancho Mission Viejo forming from a series of land grants to John Forster in 1845. The remaining part of Rancho Mission Viejo consists of a nearly 17,000-acre (6,900 ha) nature reserve and multiple residential communities slated to open in phases between 2010 and 2030. As of the 2020 census, it had a population of 10,378.
These are homes for sale within about 2 miles of Esencia in Rancho Mission Viejo (Topfind School Score: 10/10). The area around the school has 99 active listings.
Topfind Market Read
The picture is mixed here. Supply sits at 3.3 months, roughly in step with demand, yet 53% of sellers have trimmed their asking price, and 64% of current listings have been up for more than 30 days, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$1.17M
↑ 18% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.3 months of supply
Balanced Supply99 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~53 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 40% over the last six months.
Inventory Distribution
A larger share of listings has been up beyond 30 days, which typically means more room to negotiate on those longer-listed homes.
Housing Tenure in Esencia Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
75%
Homeowners
25%
Renters
Homeownership is 19.5 points higher than the California average (55.5%)
4,356 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $589K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.3M)
Price Reductions
52 listings have reduced their price
53% of active listings
Average reduction: 4.6% (~$54K)
As an elementary school, Esencia operates within the Capistrano Unified district. It earns a Topfind School Score of 10. Homes here sit near the school. An attendance boundary is not mapped for this campus, so check enrollment eligibility with the district. The Esencia area currently shows a median list price of $1.2M. That is about 1.8% above the Rancho Mission Viejo median. There are 99 homes currently listed for sale in the Esencia area. Over the last six months, the median price has eased about 10.4%, from $1.3M in February to $1.1M in July.
Browse homes for sale in cities near Rancho Mission Viejo
There are currently 99 homes for sale in Esencia Area, ranging from $610,000 to $7,480,000. 5 of them hit the market within the last week.
The median list price in Esencia Area is $1,170,000. Price per square foot averages $653. Prices are up 18.0% compared to a year ago.
Homes in Esencia Area currently average 53 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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