599 homes in Palm Springs
Palm Springs is a legendary desert resort known for mid-century modern architecture, hot springs, and thriving LGBTQ+ community. Features world-class golf and desert glamour.
Today, Palm Springs has 598 homes for sale at a median price of $699,000, typically selling in about 61 days. Families here choose from 1 schools rated 8 or higher on the Topfind School Score.
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Median Home Price
$580K
↓ 7.9% over the past yearMonths of Supply
Estimated time to sell all listings at the current sales pace
0.6 months of supply
Seller's MarketWith only 599 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 ~61 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. Sales have slowed 10% compared to 6 months ago.
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 Springs
Homeownership is higher than average—most households in this area own rather than rent.
65%
Homeowners
35%
Renters
Homeownership is 9.5% higher than the California average (55.5%)
24,297 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $785K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$1.8M)
Price Reductions
252 listings have reduced their price
42% of active listings
Average reduction: 6.6% (~$46K)
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