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Sarah Mitchell

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Compass Real Estate · Desert Hot Springs, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Desert Hot Springs, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Desert Hot Springs, CA Housing Market

Buyer's market-1.5% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Desert Hot Springs, CA is worth $378,683, fell 1.5% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $399,000, -5.0% year over year (through May 2026). With 5.1 months of supply and homes going under contract in about 104 days, Desert Hot Springs is a buyer's market. At today's 6.66% 30-year fixed rate, 20% down on a $378,683 home is about $1,947/mo in principal and interest.

Key numbers for Desert Hot Springs, CA

Typical home value

$378,683

-1.5% in 12 months

Zillow, July 2026

Typical asking rent

$2,020/mo

Zillow Observed Rent Index

Zillow, July 2026

Median sale price

$399,000

-5.0% year over year

Redfin, through May 2026

Days on market

104

Slow-moving

Redfin, through May 2026

Active listings

144

5.1 months of supply

Redfin, through May 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$50,349

Home costs 7.5x income

U.S. Census ACS, 2023

Sale-to-list ratio

99.1%

Selling below asking

Redfin, through May 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Desert Hot Springs a buyer's or seller's market?

Buyer's market5.1 months of supply104 days on market99.1% of asking

Desert Hot Springs, CA is a buyer's market, based on 5.1 months of supply and homes selling in about 104 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Desert Hot Springs housing market data show?

Every row below is Redfin's final published month for Desert Hot Springs, CA. Redfin, through May 2026

Housing market statistics for Desert Hot Springs, CA, Redfin through May 2026
MetricValue
Median sale price$399,000
Median list price$448,000
Year-over-year price change-5.0%
Median price per sq ft$249/sq ft
Median days on market104 days
Active inventory144 listings
Months of supply5.1 months
Sale-to-list price ratio99.1%
Homes sold (that month)28
New listings (that month)31
Listings with a price cut20.8%
Market conditionBuyer's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Desert Hot Springs is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Desert Hot Springs is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Desert Hot Springs home prices moved?

Over the last three years the median sale price in Desert Hot Springs, CA rose 1.8%, from $392,000 to $399,000. The live Zillow value series has fell 1.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 20.8% of Desert Hot Springs listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 5.1 months while the sale-to-list ratio slips below its current 99.1%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Desert Hot Springs?

Priced off the typical home value of $378,683 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Desert Hot Springs, CA
Down paymentCash at closeLoan amountMonthly P&I
20%$75,737$302,946$1,947/mo
5%$18,934$359,749$2,312/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,947, that implies roughly $83,435 a year before you add taxes and insurance. The median household in Desert Hot Springs earns $50,349, about $33,086 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 7.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Desert Hot Springs in the next 12 months?

Tell us your timeline. We send the Desert Hot Springs market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Desert Hot Springs?

Typical asking rent in Desert Hot Springs, CA is $2,020/mo, against a typical home value of $378,683. That is a price-to-rent ratio of 15.6x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,947 a month — $74 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, July 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Desert Hot Springs?

Active listings in Desert Hot Springs, CA went from 200 in May 2025 to 144 in May 2026, a -28.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Desert Hot Springs, CA
MonthActive listingsNew listings
June 202519142
July 202518752
August 202518053
September 202517142
October 202516854
November 202516441
December 202516544
January 202616645
February 202617557
March 202616443
April 202616546
May 202614431

Redfin, through May 2026

How does Desert Hot Springs compare to California and the U.S.?

Desert Hot Springs homes sell for $399,00055% below the California median of $887,400. Against the national median of $410,700, Desert Hot Springs runs 3% lower. Year-over-year, Desert Hot Springs moved -5.0% against California's +3.4%a bigger swing than the state as a whole.

Desert Hot Springs, CA compared with California and the United States
MarketMedian sale priceYoYDays on market
Desert Hot Springs, CA$399,000-5.0%104 days
California statewide$887,400+3.4%33 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Desert Hot Springs

What buyers should watch

  • Months of supply, currently 5.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 20.8%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $365 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $378,683 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Desert Hot Springs listing goes under contract in 104 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 99.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Desert Hot Springs added 31 new listings against 28 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -1.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Desert Hot Springs varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Desert Hot Springs

There are currently 144 homes listed for sale in Desert Hot Springs, California. The median listing price is $448K.

Active listings

144

Homes on market

Median list price

$448K

Avg. days on market

104

Days until sale

New this week

31

Newly listed

Price drops:20.8%of listings
Sale-to-list:99.1%

How much do homes cost in Desert Hot Springs by property type?

How the Desert Hot Springs, CA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Desert Hot Springs, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$399,000$248/sq ft2792 days
Condo / co-op$180,000$177/sq ft158 days
Townhouse$302,500$153/sq ft114 days

Who lives in Desert Hot Springs?

American Community Survey estimates for Desert Hot Springs. U.S. Census ACS, 2023

Population

32,786

Households

11,432

Median income

$50,349/yr

Median age

34.4 years

Owner-occupied

49.9%

Median home value

$309,300

Median gross rent

$1,339/mo

Mean commute

28.7 min

49.9% of occupied homes in Desert Hot Springs are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $309,300 against Zillow's $378,683 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,339/mo, below Zillow's $2,020/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Desert Hot Springs?

8 schools tracked · 6,353 students

The largest public schools serving Desert Hot Springs, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Desert Hot Springs High

Grades 9-12 · 1,718 students

Public

Bella Vista Elementary

Grades K-5 · 756 students

Public

Painted Hills Middle

Grades 6-8 · 744 students

Public

Desert Springs Middle

Grades 6-8 · 740 students

Public

Two Bunch Palms Elementary

Grades K-5 · 697 students

Public

Cabot Yerxa Elementary

Grades K-5 · 673 students

Public

Bubbling Wells Elementary

Grades K-5 · 637 students

Public

Julius Corsini Elementary

Grades K-5 · 388 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Desert Hot Springs, CA?

Ordered by distance from Desert Hot Springs, not by size. Compare Desert Hot Springs side by side with any of them.

Desert Hot Springs housing market FAQ

Is Desert Hot Springs a buyer's or seller's market?

Desert Hot Springs, CA is currently a buyer's market. That read comes from 5.1 months of supply, homes going under contract in about 104 days, and sellers getting 99.1% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Desert Hot Springs?

The typical home in Desert Hot Springs, CA is worth $378,683 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $399,000, about $249 per square foot.

Is Desert Hot Springs cheaper than the rest of California?

Desert Hot Springs's median sale price of $399,000 is 55% lower than the California statewide median of $887,400, and 3% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Desert Hot Springs?

Homes in Desert Hot Springs, CA spent a median of 104 days on market before going under contract, versus 33 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Desert Hot Springs?

At the current 30-year fixed rate of 6.66%, 20% down on a $378,683 home is about $1,947 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $83,435 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $50,349.

Are home prices rising in Desert Hot Springs?

The typical home value in Desert Hot Springs, CA fell 1.5% over the last 12 months, from $384,452 to $378,683 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Desert Hot Springs?

Desert Hot Springs ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Desert Hot Springs?

That depends on your timeline, not on a headline. What the data says today: Desert Hot Springs, CA is a buyer's market with 5.1 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 15.6x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.