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Sarah Mitchell
Compass Real Estate · ZIP 92262
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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92262 ZIP Code Housing Market
$657,500median sale price
What is the 92262 housing market like right now?
The median home sale price in ZIP code 92262 is $657,500, up 1.1% year-over-year. Homes sell in an average of 84 days with 459 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is the 92262 ZIP code a buyer's or seller's market?
ZIP code 92262 is currently a leaning buyer's and homes selling in about 84 days. How we determine this →
What are the latest 92262 housing market stats?
| Metric | Value |
|---|---|
| Median sale price | $657,500 |
| Median list price | $712,450 |
| Year-over-year price change | +1.1% |
| Average days on market | 84 days |
| Active inventory | 459 listings |
| Sale-to-list price ratio | 97.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
The 92262 zip code, located in Palm Springs, CA, is currently classified as a leaning buyer's. The median sale price stands at $657,500, representing a +1.1% change year over year. Homes in this area spend an average of 84 days on the market before going under contract. There are currently 459 active listings in the area, which influences how much negotiating power buyers and sellers have.
ZIP 92262 sits in the Palm Springs, CA area, roughly 4.2 miles from downtown Palm Springs. Because home prices are set street by street, this ZIP can move differently from Palm Springs's citywide averages. The figures below reflect 92262 specifically — drawn from Redfin transactions, U.S. Census data for its 26,887 residents, and Zillow value estimates.
Homes sold
250
Last 12 weeks
Days on market
84
Average pace
Active listings
459
Sale-to-list
97.0%
Below asking
What is driving the 92262 housing market?
The 92262 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 97.0% of their listed price.
Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 92262 have increased +1.1% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.
The Zillow Home Value Index (ZHVI) for 92262 stands at $636,227, which represents Zillow's estimate of the typical home value in the area. The Zillow Observed Rent Index (ZORI) indicates typical rents of $2,111 per month. This gives a price-to-rent ratio of approximately 25.1, which indicates that renting may be more cost-effective than buying in the short term, though long-term appreciation could shift that calculus. Use our mortgage calculator to estimate monthly payments based on current home values and interest rates.
Who lives in 92262?
Population
26,887
Median income
$71,672/yr
Median age
54.8 years
Owner-occupied
64.3%
College grads
40.0%
Avg commute
15.05 min
What is it like living in 92262?
Zip code 92262 is home to approximately 26,887 residents. The median household income is $71,672 per year, which shapes the types of homes and amenities available in the area. With a median age of 54.8 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings. Approximately 64.3% of housing units are owner-occupied, indicating a stable, ownership-oriented community where residents have a vested interest in maintaining property values and neighborhood quality.
About 40.0% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. The average commute time is 15.05 minutes, which is shorter than the national average and suggests good proximity to employment centers. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 92262.
Which public schools serve ZIP 92262?
4 schools tracked · 3,165 students
The largest public schools serving ZIP code 92262 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
Raymond Cree Middle
Grades 6-8 · 710 students
Katherine Finchy Elementary
Grades K-5 · 476 students
Vista del Monte Elementary
Grades K-5 · 471 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Frequently asked questions about 92262
What is the median home price in 92262?
The current median sale price in 92262 is $657,500, based on recent Redfin transaction data. Prices have changed +1.1% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.
Is 92262 a buyer's or seller's market?
The 92262 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.
What is the population of zip code 92262?
Zip code 92262 has a population of approximately 26,887 residents. The median household income is $71,672 per year. About 64.3% of homes are owner-occupied. This data is sourced from the U.S. Census Bureau and is updated annually.
How do I research neighborhoods in 92262?
Properties Incorporated provides comprehensive data for 92262 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.
How often is the data for 92262 updated?
Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually.
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