Housing in Palm Springs, FL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$365,000

Median List Price

$315,000

Price Per Sq Ft

$226

Days on Market

92

Active Inventory

145

Months of Supply

13.2

Buyer's market

Zillow Home Value

$268,403

ZHVI — January 2026

Zillow Rent Index

$2,156

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 19.9%List Price 3.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

22.7%

Sale-to-List Ratio

94.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
22.7%
Listings with Price Drops
24.1%

Market Activity

Source: Redfin

Homes Sold

11

New Listings

35

Pending Sales

22

Homes Sold 50.0%New Listings 22.2%Pending 37.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$226

Median List $/SF

$232

Sale $/SF 5.1%List $/SF 4.1%Mar 24Jan 26

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

$234,500

Median Rent

$1,597

Total Housing Units

9,822

Vacancy Rate

11.2%

Owner Occupied

47.4%

Renter Occupied

52.6%

Median Property Tax

$1,987

per year

Monthly Cost (w/ Mortgage)

$1,255

Housing Types

Single Family
44.0%
Multi-Family
53.0%
Mobile Home
3.0%

The current median sale price in Palm Springs, FL is $365,000 according to Redfin data. Homes spend a median of 92 days on the market. 0.0% of homes sold above asking price. The market has 13.2 months of supply. The median price per square foot is $226. Zillow's observed rent index is $2,156/month. About 47.4% of housing units are owner-occupied. The median year homes were built is 1978. There are 9,822 total housing units.