The Palm Springs housing market is somewhat competitive. The median sale price of a home in Palm Springs was $280K last month, down 26.3% since last year. The median sale price per square foot in Palm Springs is $211, down 1.9% since last year.
What is the housing market like in Palm Springs today?
In January 2025, Palm Springs home prices were down 26.3% compared to last year, selling for a median price of $280K. On average, homes in Palm Springs sell after 52 days on the market compared to 59 days last year. There were 7 homes sold in January this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$280,000
-26.3% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Palm Springs, FL
$280,000
-26.3%
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 Palm Springs add value to a home.
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How hot is the Palm Springs housing market?
Palm Springs is somewhat competitive. Homes sell in 83 days.
0
100
30
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 83 days.
Hot homes
can sell for around list price and go pending in around 44 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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.
Flood Factor - Minor
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Springs has a minor risk of flooding. 221 properties in Palm Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in Palm Springs. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm Springs has a moderate risk of wildfire. There are 68 properties in Palm Springs that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Palm Springs.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palm Springs has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palm Springs is most at risk from hurricanes. 5,844 properties in Palm Springs have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 189 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 201 mph.