The Palm Desert housing market is somewhat competitive. Homes in Palm Desert receive 2 offers on average and sell in around 57 days. The median sale price of a home in Palm Desert was $610K last month, up 2.5% since last year. The median sale price per square foot in Palm Desert is $352, up 3.2% since last year.
What is the housing market like in Palm Desert today?
In March 2024, Palm Desert home prices were up 2.5% compared to last year, selling for a median price of $610K. On average, homes in Palm Desert sell after 57 days on the market compared to 58 days last year. There were 160 homes sold in March this year, up from 155 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$610,000
+2.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palm Desert, CA
$610,000
+2.5%
United States
To compare other locations to the Palm Desert and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Palm Desert add value to a home.
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How hot is the Palm Desert housing market?
Palm Desert is somewhat competitive. Homes sell in 62 days.
0
100
40
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 3% below list price and go pending in around 62 days.
Hot homes
can sell for around list price and go pending in around 31 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.
Home offer insights for Palm Desert
Explore recent offers and recently sold homes in Palm Desert
Recent offers
Offer Not Accepted|
11 Weeks Ago
~$650K Offer
Sold for $600K
3bd | 2ba | ~1,500sqft
Over List Price
0%
Days on Market
22
Competing Offers
1
Offer
All Cash
Pamela Meuse
Palm Desert Redfin Agent
This offer was a backup offer. Property already had an accepted offer with contingencies. The contingencies have been removed as the listing has gone into pending status. …
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 Desert housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm Desert.
Risk Factor
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Desert has a minor risk of flooding. 491 properties in Palm Desert are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Palm Desert. Flood risk is increasing slower than the national average.
66% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm Desert has a major risk of wildfire. There are 23,321 properties in Palm Desert that have some risk of being affected by wildfire over the next 30 years. This represents 66% of all properties in Palm Desert.
Palm Desert has minimal risk of severe winds over the next 30 years
Wind Factor
Palm Desert has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.