Thousand Palms, CA Housing Market & Real Estate

Buyer's market+234.2% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Thousand Palms, CA is $1.23M, up 234.2% year-over-year. Homes sell in an average of 44 days with 15 active listings. The market is currently a buyer's market.

$1.23Mmedian sale price

Homes sold

1

Last 12 weeks

Days on market

44

Average pace

Active listings

15

15.0 months supply

Sale-to-list

90.7%

Below asking

Thousand Palms, CA market data

Current housing market statistics for Thousand Palms, CA
MetricValue
Median sale price$1.23M
Median list price$370,000
Year-over-year price change+234.2%
Average days on market44 days
Active inventory15 listings
Months of supply15.0 months
Sale-to-list price ratio90.7%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Thousand Palms housing market is currently classified as a buyer's market with a median sale price of $1.23M. Prices have risen 234.2% compared to last year, with homes spending an average of 44 days on market, indicating 15.0 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 Thousand Palms

There are currently 15 homes listed for sale in Thousand Palms, California. The median listing price is $370K.

Active listings

15

Homes on market

Median list price

$370K

Avg. days on market

44

Days until sale

New this week

7

Newly listed

Price drops:13.3%of listings
Sale-to-list:90.7%

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Frequently asked questions

What is the average home price in Thousand Palms?

The median home sale price in Thousand Palms is $1.23M, up 234.2% from last year.

How long do homes stay on market in Thousand Palms?

Homes typically spend 44 days on market before going under contract.

Is Thousand Palms a buyer's or seller's market?

With 15.0 months of supply, Thousand Palms is currently a buyer's market.

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