The median sale price of a home in Palm Springs was $375K last month, up 1.9% since last year. The median sale price per square foot in Palm Springs is $326, up 14.0% since last year.
What is the housing market like in Palm Springs today?
In May 2024, Palm Springs home prices were up 1.9% compared to last year, selling for a median price of $375K. On average, homes in Palm Springs sell after 29 days on the market compared to 71 days last year. There were 5 homes sold in May this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$374,900
+1.9% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Palm Springs, AZ
$374,900
+1.9%
United States
To compare other locations to the Palm Springs and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Apache Junction add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Palm Springs housing market?
Learn what it takes to have a winning offer
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
95.3%
-1.4 pt YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
Palm Springs, AZ
95.3%
-1.4 pt
United States
Home offer insights for Palm Springs
Explore recent offers and recently sold homes in Palm Springs
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palm Springs housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm Springs.
Risk Factor
Flood Factor - Minor
46% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Springs has a minor risk of flooding. 9 properties in Palm Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 46% of all properties in Palm Springs. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm Springs has a major risk of wildfire. There are 1,253 properties in Palm Springs that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Palm Springs.
Palm Springs has minimal risk of severe winds over the next 30 years
Wind Factor
Palm Springs has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.