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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

$995,498

AVERAGE PRICE OF 814 HOMES

$606,095

AVERAGE PRICE OF 21 DISTRESSED HOMES

$2,038,452

AVERAGE PRICE OF 250 MULTI-MILLION DOLLAR HOMES

$1,333,686

AVERAGE PRICE OF 26 NEWLY BUILT HOMES

$1,220,409

AVERAGE PRICE OF 548 HOMES WITH A POOL

Average Home

Average Price $995,498
Avg Bedrooms 2.71 beds
Avg Bathrooms 2.57 baths

Average Price by Bedrooms

1 bedroom $241,681
2 bedrooms $520,832
3 bedrooms $1,032,654
4 bedrooms $1,724,445
5 bedrooms $3,062,458
Palm Springs Home Price Trends
  9/2026 8/2026 7/2026 6/2026 5/2026
Total Listings 714 716 803 n/a n/a
Average Price $887,392 $924,024 $963,784 n/a n/a
Avg Price Change -4.13% -4.30% n/a n/a n/a
Median Price $668,298 $692,645 $692,192 n/a n/a
Med Price Change -3.64% +0.07% n/a n/a n/a
Avg Bedrooms 2.63 beds 2.63 beds 2.63 beds n/a n/a
Avg Bathrooms 2.46 baths 2.48 baths 2.5 baths n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 3 $345,999 104 days
Palm Springs 59 $930,656 80 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 814 $995,498 79 days
Distressed Homes 21 $606,095 101 days
Multi-Million Dollar Homes 250 $2,038,452 71 days
Newly Built Homes 26 $1,333,686 117 days
Homes with a Pool 548 $1,220,409 77 days
Royale Real Estate
78080 Calle Estado Ste 201
La Quinta, CA 92253
760-776-3200
DRE# 01443897

Based on information from California Regional Multiple Listing Service, Inc. as of October 15, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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