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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

$1,150,969

AVERAGE PRICE OF 696 HOMES

$543,380

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,158,352

AVERAGE PRICE OF 275 MULTI-MILLION DOLLAR HOMES

$1,289,650

AVERAGE PRICE OF 50 NEWLY BUILT HOMES

$1,186,813

AVERAGE PRICE OF 509 HOMES WITH A POOL

$775,831

AVERAGE PRICE OF 41 REDUCED PRICE HOMES

Average Home

Average Price $1,150,969
Avg Bedrooms 2.49 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $251,340
2 bedrooms $546,861
3 bedrooms $1,169,349
4 bedrooms $1,588,619
5 bedrooms $3,018,772
Palm Springs Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings n/a 666 633 624 650
Average Price n/a $1,189,599 $1,079,927 $1,098,310 $1,106,062
Avg Price Change n/a +10.16% -1.70% -0.71% n/a
Median Price n/a $853,623 $826,481 $831,386 $837,320
Med Price Change n/a +3.28% -0.59% -0.71% n/a
Avg Bedrooms n/a 2.48 beds 2.42 beds 2.42 beds 2.42 beds
Avg Bathrooms n/a 2.38 baths 2.3 baths 2.32 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 52 $1,552,143 82 days
Total Homes Average Price Avg Days on Site
All Homes 696 $1,150,969 91 days
Distressed Homes 5 $543,380 45 days
Multi-Million Dollar Homes 275 $2,158,352 79 days
Newly Built Homes 50 $1,289,650 105 days
Homes with a Pool 509 $1,186,813 82 days
Reduced Price Homes 41 $775,831 63 days