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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

$1,033,545

AVERAGE PRICE OF 1,001 HOMES

$2,070,000

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,056,127

AVERAGE PRICE OF 341 MULTI-MILLION DOLLAR HOMES

$2,016,658

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$1,144,810

AVERAGE PRICE OF 740 HOMES WITH A POOL

$1,016,155

AVERAGE PRICE OF 60 REDUCED PRICE HOMES

Average Home

Average Price $1,033,545
Avg Bedrooms 2.55 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $276,317
2 bedrooms $553,448
3 bedrooms $1,041,205
4 bedrooms $1,918,552
5 bedrooms $2,664,334
Palm Springs Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 1,002 990 910 898 880
Average Price $1,053,318 $1,060,853 $1,092,349 $1,084,407 $1,098,240
Avg Price Change -0.72% -2.97% +0.73% -1.28% -2.90%
Median Price $763,111 $764,250 $797,633 $787,665 $789,300
Med Price Change -0.15% -4.37% +1.27% -0.21% -2.01%
Avg Bedrooms 2.49 beds 2.45 beds 2.48 beds 2.46 beds 2.47 beds
Avg Bathrooms 2.39 baths 2.37 baths 2.39 baths 2.37 baths 2.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 57 $1,284,208 89 days
Total Homes Average Price Avg Days on Site
All Homes 1,001 $1,033,545 93 days
Distressed Homes 3 $2,070,000 129 days
Multi-Million Dollar Homes 341 $2,056,127 85 days
Newly Built Homes 34 $2,016,658 107 days
Homes with a Pool 740 $1,144,810 85 days
Reduced Price Homes 60 $1,016,155 67 days