Housing in Palm Desert, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$635,000

Median List Price

$626,975

Price Per Sq Ft

$344

Days on Market

79

Active Inventory

751

Months of Supply

8.0

Buyer's market

Zillow Home Value

$544,010

ZHVI — January 2026

Zillow Rent Index

$2,538

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.2%List Price 7.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

9.6%

Off Market in 2 Weeks

22.9%

Sale-to-List Ratio

95.3%

Buyer's market

Sold Above Asking
9.6%
Under Contract in 2 Wks
22.9%
Listings with Price Drops
24.2%

Market Activity

Source: Redfin

Homes Sold

94

New Listings

266

Pending Sales

166

Homes Sold 37.3%New Listings 35.0%Pending 3.5%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$344

Median List $/SF

$351

Sale $/SF 2.8%List $/SF 0.3%Mar 24Jan 26

Palm Desert vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Palm Desert is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$491,600

Median Rent

$1,717

Total Housing Units

36,584

Vacancy Rate

34.0%

Owner Occupied

64.4%

Renter Occupied

35.6%

Median Property Tax

$4,502

per year

Monthly Cost (w/ Mortgage)

$1,672

Housing Types

Single Family
67.9%
Multi-Family
22.8%
Mobile Home
9.3%

The current median sale price in Palm Desert, CA is $635,000 according to Redfin data. Homes spend a median of 79 days on the market. 9.6% of homes sold above asking price. The market has 8.0 months of supply. The median price per square foot is $344. Zillow's observed rent index is $2,538/month. About 64.4% of housing units are owner-occupied. The median year homes were built is 1985. There are 36,584 total housing units.