Palm Springs, CA Housing Market & Real Estate

Buyer's market-4.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Palm Springs, CA is $650,000, down 4.4% year-over-year. Homes sell in an average of 94 days with 808 active listings. The market is currently a buyer's market.

$650,000median sale price

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

Buyer's market5.8 months of supply94 avg. days on market

Palm Springs, CA is currently a buyer's market, based on 5.8 months of supply and homes selling in about 94 days. How we determine this →

Homes sold

139

Last 12 weeks

Days on market

94

Average pace

Active listings

808

5.8 months supply

Sale-to-list

97.2%

Below asking

Palm Springs, CA market data

Current housing market statistics for Palm Springs, CA
MetricValue
Median sale price$650,000
Median list price$748,888
Year-over-year price change-4.4%
Average days on market94 days
Active inventory808 listings
Months of supply5.8 months
Sale-to-list price ratio97.2%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Palm Springs housing market is currently classified as a buyer's market with a median sale price of $650,000. Prices have fallen 4.4% compared to last year, with homes spending an average of 94 days on market, indicating 5.8 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 Springs

There are currently 808 homes listed for sale in Palm Springs, California. The median listing price is $749K. Featured listings range from $189,000 to $1,385,000.

1 bedroom condo for sale at 420 N Villa Ct Unit 202 Palm Springs 92262 - $189,000
New listing
26
$189,000

420 N Villa Ct Unit 202

Palm Springs, CA 92262

1 bd1 ba589 sqft
Condo
Est. $197KSold 2024 for $200K

Frank Crumley · Town Real Estate

More about this property
2 bedroom mobile home for sale at 60 Calle Abajo Palm Springs 92264 - $260,000
New listing
45
$260,000

60 Calle Abajo

Palm Springs, CA 92264

2 bd2 ba1,248 sqft
Mobile home
Est. $199K

Charles Barenbrugge · Charles Estates

More about this property
2 bedroom condo for sale at 1409 N Sunrise Way Unit 55 Palm Springs 92262 - $328,000
New listing
29
$328,000

1409 N Sunrise Way Unit 55

Palm Springs, CA 92262

2 bd2 ba1,170 sqft
Condo
Est. $325KSold 2010 for $92K

Stephanie Taylor · Equity Union

More about this property
land for sale at Ruppert St Palm Springs 92240 - $350,658
New listing
3
$350,658

Ruppert St

Palm Springs, CA 92240

Land1.75 acres

Susan Harvey · Desert Pacific Properties

More about this property
2 bedroom condo for sale at 5301 E Waverly Dr Unit 211 Palm Springs 92264 - $435,000
New listing
36
$435,000

5301 E Waverly Dr Unit 211

Palm Springs, CA 92264

2 bd2 ba979 sqft
Condo932 sqft lot
Est. $388KSold 2022 for $396K

Joe Chung · Coldwell Banker Realty

More about this property
3 bedroom condo for sale at 5834 Los Coyotes Dr Palm Springs 92264 - $438,000
New listing
38
$438,000

5834 Los Coyotes Dr

Palm Springs, CA 92264

3 bd3 ba1,380 sqft
Condo
Est. $430KSold 2022 for $429K

Sandra Quinn · Realty Trust

More about this property
3 bedroom house for sale at 1360 E Gem Cir Palm Springs 92262 - $599,000
New listing
31
$599,000

1360 E Gem Cir

Palm Springs, CA 92262

3 bd2 ba1,258 sqft
House7,405 sqft lot
Est. $587K

Kennedy Bryan · DOMO Real Estate

More about this property
2 bedroom condo for sale at 410 N Hermosa Dr Palm Springs 92262 - $755,000
New listing
62
$755,000

410 N Hermosa Dr

Palm Springs, CA 92262

2 bd2 ba1,362 sqft
Condo
Est. $518KSold 2024 for $505K

Leonardo Montenegro · Keller Williams Luxury Homes

More about this property
3 bedroom townhouse for sale at 764 Obsidian Loop E Palm Springs 92264 - $970,000
New listingNew build
57
$970,000

764 Obsidian Loop E

Palm Springs, CA 92264

3 bd3 ba2,212 sqft
Townhouse1,200 sqft lot

Courtney Pavelak · Shine RE Sales & Marketing Inc

More about this property
3 bedroom house for sale at 22 Gladys Cir Palm Springs 92262 - $999,000
New listing
45
$999,000

22 Gladys Cir

Palm Springs, CA 92262

3 bd3 ba1,616 sqft
House13,068 sqft lot
Est. $782KSold 2020 for $585K

Dominique Madden · ACME Real Estate

More about this property
3 bedroom house for sale at 1157 Enamor Ct Palm Springs 92262 - $1,225,000
New listing
50
$1,225,000

1157 Enamor Ct

Palm Springs, CA 92262

3 bd3 ba2,188 sqft
House15,246 sqft lot
Est. $1.1MSold 2015 for $835K

Jason Cochran · Desert Sotheby's International Realty

More about this property
4 bedroom house for sale at 3172 E San Martin Cir Palm Springs 92264 - $1,385,000
New listing
$1,385,000

3172 E San Martin Cir

Palm Springs, CA 92264

4 bd3 ba2,478 sqft
House13,504 sqft lot
Est. $1.2MSold 2011 for $282K

Robert Norton · Prestige Properties

More about this property

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Active listings

808

Homes on market

Median list price

$749K

Avg. days on market

94

Days until sale

New this week

245

Newly listed

Price drops:26.2%of listings
Sale-to-list:97.2%

Top public schools in Palm Springs

8 schools tracked · 4,810 students

The largest public schools serving Palm 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.

Palm Springs High

Grades 9-12 · 1,508 students

Public

Cielo Vista Charter

Grades K-8 · 850 students

Charter

Raymond Cree Middle

Grades 6-8 · 710 students

Public

Katherine Finchy Elementary

Grades K-5 · 476 students

Public

Vista del Monte Elementary

Grades K-5 · 471 students

Public

Cahuilla Elementary

Grades K-5 · 413 students

Public

Desert Learning Academy

Grades K-12 · 378 students

Alternative

Virtual Pre

Grade range n/a · 4 students

Public

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

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Frequently asked questions

What is the average home price in Palm Springs?

The median home sale price in Palm Springs is $650,000, down 4.4% from last year.

How long do homes stay on market in Palm Springs?

Homes typically spend 94 days on market before going under contract.

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

With 5.8 months of supply, Palm Springs is currently a buyer's market.

How many homes are for sale in Palm Springs?

There are currently 808 homes listed for sale in Palm Springs, CA.

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