Housing in Palm Springs, CA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$705,000
Median List Price
$749,000
Price Per Sq Ft
$441
Days on Market
76
Active Inventory
760
Months of Supply
7.1
Buyer's market
Zillow Home Value
$617,231
ZHVI — January 2026
Zillow Rent Index
$2,079
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
6.5%
Off Market in 2 Weeks
21.1%
Sale-to-List Ratio
96.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
107
New Listings
231
Pending Sales
171
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$441
Median List $/SF
$466
Palm Springs vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Palm Springs 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
$567,300
Median Rent
$1,473
Total Housing Units
36,959
Vacancy Rate
34.3%
Owner Occupied
65.0%
Renter Occupied
35.0%
Median Property Tax
$4,398
per year
Monthly Cost (w/ Mortgage)
$1,584
Housing Types
The current median sale price in Palm Springs, CA is $705,000 according to Redfin data. Homes spend a median of 76 days on the market. 6.5% of homes sold above asking price. The market has 7.1 months of supply. The median price per square foot is $441. Zillow's observed rent index is $2,079/month. About 65.0% of housing units are owner-occupied. The median year homes were built is 1978. There are 36,959 total housing units.