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Palm Springs

Why you'd want to live in Palm Springs

Whether it’s a round of golf in the winter or a massage at a first-class spa resort, Palm Springs is the place to enjoy life. Often described as a small city with the cultural amenities of an urban area, the shopping, entertainment, dining and recreational opportunities are first-class. Palm Springs lies on the western edge of the Coachella Valley in central Riverside County approximately 107 miles east of Los Angeles. It is within the ecological area known as the Colorado Desert and is 487 feet above sea level. Rising behind the downtown is the impressive Mt. San Jacinto, elevation 10,831 feet. Palm Springs covers a geographical area of 96 square miles with well-established neighborhoods. Recently there has been a fascination with mid-century modern architecture - something Palm Springs is proud to have as part of its mix of eclectic design styles. via palmspringsca.gov

Palm Springs Market Report

$1,043,407

AVERAGE PRICE OF 1,267 HOMES

$904,573

AVERAGE PRICE OF 15 DISTRESSED HOMES

$2,183,400

AVERAGE PRICE OF 394 MULTI-MILLION DOLLAR HOMES

$2,197,344

AVERAGE PRICE OF 43 NEWLY BUILT HOMES

$1,050,607

AVERAGE PRICE OF 1,108 HOMES WITH A POOL

$818,390

AVERAGE PRICE OF 72 REDUCED PRICE HOMES

Average Home

Average Price $1,043,407
Avg Bedrooms 2.52 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $265,070
2 bedrooms $553,846
3 bedrooms $1,089,674
4 bedrooms $1,882,107
5 bedrooms $2,705,730
Palm Springs Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 1,221 1,157 999 987 984
Average Price $1,073,185 $1,060,348 $1,067,319 $1,047,191 $1,025,781
Avg Price Change +1.21% -0.66% +1.92% +2.09% +6.03%
Median Price $795,000 $785,125 $771,915 $752,687 $731,015
Med Price Change +1.26% +1.71% +2.55% +2.96% +7.47%
Avg Bedrooms 2.56 beds 2.54 beds 2.55 beds 2.55 beds 2.54 beds
Avg Bathrooms 2.43 baths 2.43 baths 2.43 baths 2.42 baths 2.42 baths
Home Price by High School
School Name Total Homes Average Price
Palm Springs 77 $1,198,652
Total Homes Average Price
All Homes 1,267 $1,043,407
Distressed Homes 15 $904,573
Multi-Million Dollar Homes 394 $2,183,400
Newly Built Homes 43 $2,197,344
Homes with a Pool 1,108 $1,050,607
Reduced Price Homes 72 $818,390