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Palm Springs

Why you'd want to live in Palm Springs

Palm Springs is an iconic destination known for its mid-century modern architecture, vibrant nightlife, and stunning desert scenery. This city has long been a favorite retreat for celebrities and those seeking a unique cultural experience. Palm Springs offers a variety of outdoor activities, from hiking in nearby mountains to lounging by luxurious pools, ensuring that residents can enjoy the sun-drenched lifestyle. The area is rich in art and history, featuring museums, galleries, and a lively downtown filled with shops and eateries. With its warm climate and lively social scene, Palm Springs is an appealing choice for those who appreciate both relaxation and excitement in a stunning desert setting.

Palm Springs Market Report

$1,064,821

AVERAGE PRICE OF 1,000 HOMES

$849,000

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,127,461

AVERAGE PRICE OF 342 MULTI-MILLION DOLLAR HOMES

$2,046,001

AVERAGE PRICE OF 37 NEWLY BUILT HOMES

$1,069,278

AVERAGE PRICE OF 861 HOMES WITH A POOL

$945,219

AVERAGE PRICE OF 56 REDUCED PRICE HOMES

Average Home

Average Price $1,064,821
Avg Bedrooms 2.54 beds
Avg Bathrooms 2.42 baths

Average Price by Bedrooms

1 bedroom $267,936
2 bedrooms $548,901
3 bedrooms $1,061,947
4 bedrooms $1,974,026
5 bedrooms $3,257,667
Palm Springs Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 987 984 908 811 835
Average Price $1,047,191 $1,025,781 $967,457 $917,699 $928,111
Avg Price Change +2.09% +6.03% +5.42% -1.13% -5.30%
Median Price $752,687 $731,015 $680,184 $663,076 $676,500
Med Price Change +2.96% +7.47% +2.58% -2.02% -3.36%
Avg Bedrooms 2.55 beds 2.54 beds 2.51 beds 2.5 beds 2.51 beds
Avg Bathrooms 2.42 baths 2.42 baths 2.37 baths 2.31 baths 2.34 baths
Home Price by High School
School Name Total Homes Average Price
Palm Springs 71 $1,254,193
Home Price by House Size
Total Homes Average Price
All Homes 1,000 $1,064,821
Distressed Homes 5 $849,000
Multi-Million Dollar Homes 342 $2,127,461
Newly Built Homes 37 $2,046,001
Homes with a Pool 861 $1,069,278
Reduced Price Homes 56 $945,219