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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

$913,783

AVERAGE PRICE OF 1,063 HOMES

$693,157

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,043,991

AVERAGE PRICE OF 280 MULTI-MILLION DOLLAR HOMES

$1,936,619

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$969,843

AVERAGE PRICE OF 792 HOMES WITH A POOL

$676,558

AVERAGE PRICE OF 61 REDUCED PRICE HOMES

Average Home

Average Price $913,783
Avg Bedrooms 2.47 beds
Avg Bathrooms 2.3 baths

Average Price by Bedrooms

1 bedroom $262,425
2 bedrooms $521,592
3 bedrooms $995,643
4 bedrooms $1,581,706
5 bedrooms $1,936,638
Palm Springs Home Price Trends
  6/2025 5/2025 4/2025 3/2025 2/2025
Total Listings 1,137 1,241 1,248 1,228 1,159
Average Price $964,529 $1,017,313 $1,059,218 $1,070,856 $1,048,095
Avg Price Change -5.47% -4.12% -1.10% +2.17% -0.92%
Median Price $683,568 $722,363 $755,981 $775,316 $767,171
Med Price Change -5.68% -4.65% -2.56% +1.06% +0.44%
Avg Bedrooms 2.51 beds 2.5 beds 2.54 beds 2.55 beds 2.51 beds
Avg Bathrooms 2.35 baths 2.37 baths 2.43 baths 2.43 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 53 $1,040,362 90 days
Total Homes Average Price Avg Days on Site
All Homes 1,063 $913,783 109 days
Distressed Homes 14 $693,157 107 days
Multi-Million Dollar Homes 280 $2,043,991 108 days
Newly Built Homes 40 $1,936,619 99 days
Homes with a Pool 792 $969,843 99 days
Reduced Price Homes 61 $676,558 86 days