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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

$1,073,185

AVERAGE PRICE OF 1,221 HOMES

$945,316

AVERAGE PRICE OF 12 DISTRESSED HOMES

$2,137,912

AVERAGE PRICE OF 407 MULTI-MILLION DOLLAR HOMES

$2,186,246

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$1,067,651

AVERAGE PRICE OF 1,074 HOMES WITH A POOL

$937,470

AVERAGE PRICE OF 97 REDUCED PRICE HOMES

Average Home

Average Price $1,073,185
Avg Bedrooms 2.56 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $282,901
2 bedrooms $552,689
3 bedrooms $1,099,508
4 bedrooms $1,916,190
5 bedrooms $2,751,260
Palm Springs Home Price Trends
  2/2025 1/2025 12/2024 11/2024 10/2024
Total Listings 1,157 999 987 984 908
Average Price $1,060,348 $1,067,319 $1,047,191 $1,025,781 $967,457
Avg Price Change -0.66% +1.92% +2.09% +6.03% +5.42%
Median Price $785,125 $771,915 $752,687 $731,015 $680,184
Med Price Change +1.71% +2.55% +2.96% +7.47% +2.58%
Avg Bedrooms 2.54 beds 2.55 beds 2.55 beds 2.54 beds 2.51 beds
Avg Bathrooms 2.43 baths 2.43 baths 2.42 baths 2.42 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price
Palm Springs 82 $1,249,524
Total Homes Average Price
All Homes 1,221 $1,073,185
Distressed Homes 12 $945,316
Multi-Million Dollar Homes 407 $2,137,912
Newly Built Homes 34 $2,186,246
Homes with a Pool 1,074 $1,067,651
Reduced Price Homes 97 $937,470