Photo: Bluesnote · CC BY-SA 4.042 homes sold in Thousand Palms in the last year, at a typical $461K
Almost every sale is a house. 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 Thousand Palms homes are listed.
Every place Thousand Palms 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 Thousand Palms.
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.
Houses are 98% of Thousand Palms’ sales, at a typical $469K
42 homes sold in the year to May 2026.
typical sale · 41 sold in 12 months
- Per square foot
- $275CA $494
- Days to sell
- 83
- Sold over asking
- 41%
- Listings with a price cut
- 21%
Multi-family (2–4 units): 1 sold, typical $140K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 2.2 times the 2016 price
42 sales in the last year, against 80 in 2012 and a low of 23 in 2024. The typical sale went from $212K in 2016 to $461K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $450K buys in Thousand Palms
Check a listing against what Thousand Palms 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 Thousand Palms are more common than before the pandemic, but 41% fewer homes come up for sale
We read every month of Thousand Palms’ 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 May 2026, 42 sales.
If you’re buying in Thousand Palms
- Shop in March. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- You can negotiate. 21% of listings have cut their price, against 16% before the pandemic.
- Bid near asking. Buyers paid 98.6% of the list price on average; 40% paid over.
- You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 83 days.
Fall brings the homes; spring brings the bidding wars
September has the most new listings (about 6 a month), but April is the most competitive: 49% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (14%). March has the least competition (14%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like California as a whole
| Thousand Palms now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 40% | 25% | 41% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 16% | 28% | 44% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 21% | 16% | 21% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 98.6% | 97.4% | 100.2% | 99.7% |
| Days to sellMedian days from listing to contract | 83 | 84 | 46 | 44 |
13 homes for sale on a typical day
That’s 2.3 times the 2022 low (6), 41% fewer than in 2017–19 and well under 2012’s 25.
1 in 5 listings has cut its price
21% in the last year, against 16% in 2017–19 and 24% across California. More sellers are pricing high and coming down.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Thousand Palms home costs about $2,680 a month
Price: Thousand Palms’ typical sale, last 12 months. Property tax at Thousand Palms’ 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 Thousand Palms is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in September
The month with the most choice. November has the fewest, about 4.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $461K home, about $3,300 a year.
Taxes vs. neighborsSchools
The schools grade for Thousand Palms, from test results, graduation and how much students grow.
Schools in Thousand PalmsTypical commute
The average one-way trip to work for people who live in Thousand Palms.
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.
No busy market nearby sells for less a square foot; Rancho Mirage for far more
The busier markets within 25 miles of Thousand Palms, 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 Desert | 1,329 | $589K | $333 | 10% | 83 |
| Rancho Mirage | 733 | $856K | $385 | 5% | 96 |
| Cathedral City | 544 | $513K | $295 | 17% | 74 |
| Desert Palms | 312 | $517K | $288 | 7% | 83 |
| Bermuda Dunes | 122 | $665K | $283 | 8% | 102 |
| Thousand Palms | 42 | $461K | $271 | 40% | 83 |
| Sky Valley | 21 | $485K | $322 | 19% | 109 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Thousand Palms, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Thousand Palms. People who follow the town see it, and so do people comparing Thousand Palms with their own town. No commission, no listing fee.
Questions about buying a home in Thousand Palms
What do homes sell for in Thousand Palms, CA?
42 homes sold in the year to May 2026 at a typical $461K, $271 a square foot.
Is Thousand Palms a buyer’s or seller’s market?
A seller’s market: 10 homes were for sale in May 2026 and 5 sold, about 2 months of supply. Buyers paid 98.6% of asking on average, and 21% of listings cut their price.
When is the best time to buy in Thousand Palms?
September brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Thousand Palms?
About 0.7% of a home’s value a year. On a $461K home that’s near $3,300.
Where can I see homes for sale in Thousand Palms?
Zillow, Redfin, Realtor.com and Homes.com all carry Thousand Palms’ MLS listings; the search links above open each one filtered to Thousand Palms.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).