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Palm Springs

Why you'd want to live in Palm Springs

Palm Springs, a city in the Sonoran Desert of southern California, is known for its hot springs, stylish hotels, golf courses and spas. It's also noted for its many fine examples of midcentury-modern architecture. Its core shopping district along Palm Canyon Drive features vintage boutiques, interior design shops and restaurants. The surrounding Coachella Valley offers hiking, biking and horseback riding trails.

Palm Springs Market Report

$1,024,107

AVERAGE PRICE OF 1,248 HOMES

$819,218

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,145,045

AVERAGE PRICE OF 386 MULTI-MILLION DOLLAR HOMES

$2,085,020

AVERAGE PRICE OF 47 NEWLY BUILT HOMES

$1,116,882

AVERAGE PRICE OF 938 HOMES WITH A POOL

$807,034

AVERAGE PRICE OF 90 REDUCED PRICE HOMES

Average Home

Average Price $1,024,107
Avg Bedrooms 2.5 beds
Avg Bathrooms 2.37 baths

Average Price by Bedrooms

1 bedroom $261,058
2 bedrooms $551,001
3 bedrooms $1,094,164
4 bedrooms $1,856,108
5 bedrooms $2,661,641
Palm Springs Home Price Trends
  4/2025 3/2025 2/2025 1/2025 12/2024
Total Listings 1,248 1,228 1,159 1,004 1,006
Average Price $1,059,218 $1,070,856 $1,048,095 $1,057,716 $1,044,298
Avg Price Change -1.10% +2.17% -0.92% +1.28% +2.03%
Median Price $755,981 $775,316 $767,171 $763,841 $749,340
Med Price Change -2.56% +1.06% +0.44% +1.94% +2.87%
Avg Bedrooms 2.54 beds 2.55 beds 2.51 beds 2.49 beds 2.49 beds
Avg Bathrooms 2.43 baths 2.43 baths 2.4 baths 2.38 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 78 $1,187,202 75 days
Total Homes Average Price Avg Days on Site
All Homes 1,248 $1,024,107 92 days
Distressed Homes 16 $819,218 114 days
Multi-Million Dollar Homes 386 $2,145,045 96 days
Newly Built Homes 47 $2,085,020 79 days
Homes with a Pool 938 $1,116,882 84 days
Reduced Price Homes 90 $807,034 69 days