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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

$1,050,926

AVERAGE PRICE OF 1,183 HOMES

$971,650

AVERAGE PRICE OF 6 DISTRESSED HOMES

$2,087,205

AVERAGE PRICE OF 398 MULTI-MILLION DOLLAR HOMES

$2,144,706

AVERAGE PRICE OF 36 NEWLY BUILT HOMES

$1,123,994

AVERAGE PRICE OF 901 HOMES WITH A POOL

$864,839

AVERAGE PRICE OF 73 REDUCED PRICE HOMES

Average Home

Average Price $1,050,926
Avg Bedrooms 2.52 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $277,530
2 bedrooms $558,591
3 bedrooms $1,094,939
4 bedrooms $1,873,904
5 bedrooms $2,873,893
Palm Springs Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 1,004 1,006 993 906 806
Average Price $1,057,716 $1,044,298 $1,023,471 $955,316 $915,440
Avg Price Change +1.28% +2.03% +7.13% +4.36% -1.56%
Median Price $763,841 $749,340 $728,436 $667,129 $655,350
Med Price Change +1.94% +2.87% +9.19% +1.80% -2.41%
Avg Bedrooms 2.49 beds 2.49 beds 2.51 beds 2.46 beds 2.46 beds
Avg Bathrooms 2.38 baths 2.37 baths 2.39 baths 2.33 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 78 $1,262,904 88 days
Total Homes Average Price Avg Days on Site
All Homes 1,183 $1,050,926 92 days
Distressed Homes 6 $971,650 120 days
Multi-Million Dollar Homes 398 $2,087,205 88 days
Newly Built Homes 36 $2,144,706 104 days
Homes with a Pool 901 $1,123,994 82 days
Reduced Price Homes 73 $864,839 80 days