582 homes in Palm Desert
Palm Desert is the retail and educational hub of the Coachella Valley. Features El Paseo shopping, Living Desert Zoo, and upscale golf communities.
Today, Palm Desert has 582 homes for sale at a median price of $549,000, typically selling in about 68 days. Families here choose from 3 schools rated 8 or higher on the Topfind School Score.
Powered by the Topfind School Score
Median Home Price
$14.50M
↑ 2800.0% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
0.4 months of supply
Seller's MarketWith only 582 active listings, supply is tight.
What this means for buyers
Homes are selling quickly—inventory is tight, competition is strong, and buyers have limited room to negotiate. Listings typically sell in ~68 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market—buyers often have strong leverage to negotiate price, terms, and repairs.
Inventory Distribution
Homes are selling at a healthy pace—more listings move within 30 days than sit longer on the market.
Most homes are selling within a month, but a meaningful share is starting to linger longer.
Housing Tenure in Palm Desert
Homeownership is higher than average—most households in this area own rather than rent.
64%
Homeowners
36%
Renters
Homeownership is 8.5% higher than the California average (55.5%)
24,145 households (2023)
Affordability Snapshot
Typical home cost
$3,785/mo
Actual housing expense
Affordable budget (28%)
$1,680/mo
Based on median income
Median household income
$5,998/mo
Palm Desert
A typical home costs about 63% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$162K/year
Assumes housing costs ≤28% of income
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $335K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$705K)
Price Reductions
235 listings have reduced their price
40% of active listings
Average reduction: 6.6% (~$36K)
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