Photo: Visitor7 · CC BY-SA 3.01,608 homes sold in Palm Springs in the last year, at a typical $648K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Palm Springs homes are listed.
Every place Palm Springs homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Palm Springs.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Half of Palm Springs’ sales are condos, at $627K less than a house
737 houses and 821 condos sold in the year to May 2026. Condos sell faster.
typical sale · 737 sold in the year to May 2026
- Per square foot
- $539CA $494
- Days to sell
- 91
- Sold over asking
- 9%
- Listings with a price cut
- 24%
typical sale · 821 sold in the year to May 2026
- Per square foot
- $348CA $561
- Days to sell
- 79
- Sold over asking
- 9%
- Listings with a price cut
- 25%
Multi-family (2–4 units): 4 sold, typical $921K
Townhouses: 17 sold, typical $781K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.9 times the 2016 price
1,608 sales in the last year, against 2,365 in 2021 and a low of 1,462 in 2023. The typical sale went from $342K in 2016 to $648K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $650K buys in Palm Springs
Check a listing against what Palm Springs homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Palm Springs are back to pre-pandemic levels, and more homes are for sale
We read every month of Palm Springs’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 1,608 sales.
If you’re buying in Palm Springs
- Shop in January. It brings about 243 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
- Offer under asking. Buyers paid 96.7% of the list price on average; 8% paid over.
- You’ll usually have time. Only 19% of homes go under contract within two weeks; the typical one takes 78 days.
Winter brings the homes; spring brings the bidding wars
January has the most new listings (about 243 a month), but May is the most competitive: 21% of May sales close over asking. January has the least competition (17%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than California
| Palm Springs now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 8% | 11% | 47% | 35% |
| Gone within two weeksShare of homes under contract within 14 days | 19% | 25% | 57% | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 96.7% | 97.2% | 101.7% | 99.9% |
| Days to sellMedian days from listing to contract | 78 | 63 | 38 | 43 |
755 homes for sale on a typical day
That’s 2.4 times the 2021 low (314) and 18% more than in 2017–19.
Since 2019, houses are up 58%, condos 69%
A house typically sold for $1.1M in the year to May 2026 (737 sales), a condo for $428K (821).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Palm Springs ranks 549th of 560 busy California markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Palm Springs is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Palm Springs home costs about $3,782 a month
Price: Palm Springs’ typical sale, last 12 months. Property tax at Palm Springs’ 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Palm Springs is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in January
The month with the most choice. December has the fewest, about 136.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $648K home, about $4,810 a year.
Taxes vs. neighborsSchools
The schools grade for Palm Springs, from test results, graduation and how much students grow.
Schools in Palm SpringsTypical commute
The average one-way trip to work for people who live in Palm Springs.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Cathedral City, Rancho Mirage, Garnet, Thousand Palms, Desert Hot Springs and Palm Desert sell for less a square foot
The busier markets within 25 miles of Palm Springs, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Palm Springs | 1,608 | $648K | $411 | 8% | 78 |
| Palm Desert | 1,412 | $595K | $331 | 9% | 84 |
| Rancho Mirage | 759 | $856K | $383 | 5% | 89 |
| Cathedral City | 567 | $510K | $292 | 14% | 69 |
| Desert Hot Springs | 370 | $400K | $242 | 28% | 82 |
| Thousand Palms | 42 | $431K | $286 | 41% | 51 |
| Garnet | 39 | $444K | $268 | 34% | 118 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Palm Springs, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Palm Springs. People who follow the town see it, and so do people comparing Palm Springs with their own town. No commission, no listing fee.
Questions about buying a home in Palm Springs
What do homes sell for in Palm Springs, CA?
1,608 homes sold in the year to September 2026 at a typical $648K, $411 a square foot. Houses sold for about $1.1M, condos for about $428K in the year to May 2026.
Is Palm Springs a buyer’s or seller’s market?
A buyer’s market: 670 homes were for sale in September 2026 and 103 sold, about 6.5 months of supply. Buyers paid 96.7% of asking on average.
When is the best time to buy in Palm Springs?
January brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Palm Springs?
About 0.7% of a home’s value a year. On a $648K home that’s near $4,810.
Where can I see homes for sale in Palm Springs?
Zillow, Redfin, Realtor.com and Homes.com all carry Palm Springs’ MLS listings; the search links above open each one filtered to Palm Springs.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).