9 homes in Sunrise
$500K
Median Price
$348
Avg $/Sq Ft
48
Avg Days on Market
0
New This Week
Sunrise is a sought-after neighborhood in Rancho Mirage, TN. Currently, there are 9 homes for sale in this area with a median listing price of $500K. The average price per square foot is $348.
Rancho Mirage Market Report
Median Home Price
$3.15M
↑ 223.1% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
5.7 months of supply
Balanced Market263 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step—a steady flow of options without a glut. Listings typically sell in ~64 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
Homes are taking longer to sell—a larger share of listings remain on the market beyond 30 days, giving buyers more leverage.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $1.0M in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$2.1M)
Price Reductions
95 listings have reduced their price
36% of active listings
Average reduction: 7.4% (~$63K)
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