Your Local Market Report

Palm Springs, CA 92264

Single-Family Homes

Rob Severe | 760-861-1167 | https://www.RobSevere.com


Palm Springs, CA 92264

Sat Jun 20 2026
This week the median list price for Palm Springs, CA 92264 is $1,495,000 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has decreased to 126. Click here to stay informed with the Palm Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Palm Springs, CA 92264

Sat Jun 20 2026
This week the median list price for Palm Springs, CA 92264 is $1,495,000 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has decreased to 126. Click here to stay informed with the Palm Springs market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Palm Springs market.
Median List Price $1,495,000
Median Price of New Listings $1,632,500
Per Square Foot $670
Average Days on Market 135
Median Days on Market 98
Price Decreased 40%
Price Increased 1%
Relisted 13%
Inventory 126
Median Rent
Market Action 38
Slight Seller's Advantage

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,345,000 3,973 0.25 - 0.5 acre 4 3.8 45 1 1 119
$1,837,000 2,485 0.25 - 0.5 acre 4 3 64 3 3 77
$1,269,500 1,831 0.25 - 0.5 acre 3 2 61 1 5 108
$758,877 1,592 6,500 - 8,000 sqft 3 2 66 1 2 91