Palm Desert, CA Housing Market & Real Estate

Buyer's market-13.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Palm Desert, CA is $556,000, down 13.1% year-over-year. Homes sell in an average of 84 days with 764 active listings. The market is currently a buyer's market.

$556,000median sale price

Is Palm Desert a buyer's or seller's market?

Buyer's market6.4 months of supply84 avg. days on market

Palm Desert, CA is currently a buyer's market, based on 6.4 months of supply and homes selling in about 84 days. How we determine this →

Homes sold

120

Last 12 weeks

Days on market

84

Average pace

Active listings

764

6.4 months supply

Sale-to-list

96.3%

Below asking

Palm Desert, CA market data

Current housing market statistics for Palm Desert, CA
MetricValue
Median sale price$556,000
Median list price$650,000
Year-over-year price change-13.1%
Average days on market84 days
Active inventory764 listings
Months of supply6.4 months
Sale-to-list price ratio96.3%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Palm Desert housing market is currently classified as a buyer's market with a median sale price of $556,000. Prices have fallen 13.1% compared to last year, with homes spending an average of 84 days on market, indicating 6.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Palm Desert

There are currently 764 homes listed for sale in Palm Desert, California. The median listing price is $650K.

Active listings

764

Homes on market

Median list price

$650K

Avg. days on market

84

Days until sale

New this week

190

Newly listed

Price drops:27.2%of listings
Sale-to-list:96.3%

Top public schools in Palm Desert

6 schools tracked · 6,112 students

The largest public schools serving Palm Desert, 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.

Palm Desert High

Grades 9-12 · 2,039 students

Public

Palm Desert Charter Middle

Grades 6-8 · 1,389 students

Charter

Ronald Reagan Elementary

Grades K-5 · 818 students

Public

George Washington Charter

Grades K-5 · 756 students

Charter

Abraham Lincoln Elementary

Grades K-5 · 593 students

Public

James Earl Carter Elementary

Grades K-5 · 517 students

Public

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

Explore nearby cities in CA

Frequently asked questions

What is the average home price in Palm Desert?

The median home sale price in Palm Desert is $556,000, down 13.1% from last year.

How long do homes stay on market in Palm Desert?

Homes typically spend 84 days on market before going under contract.

Is Palm Desert a buyer's or seller's market?

With 6.4 months of supply, Palm Desert is currently a buyer's market.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Palm Desert, CA market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Palm Desert market alerts

Weekly updates on prices, inventory, and trends. Free forever.