All Home Types
Palm Desert, CA Housing Market
What is the housing market like in Palm Desert today?
In August 2024, Palm Desert home prices were down 6.9% compared to last year, selling for a median price of $560K. On average, homes in Palm Desert sell after 89 days on the market compared to 47 days last year. There were 87 homes sold in August this year, down from 90 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$560,000
-6.9% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Palm Desert, CA
$560,000
-6.9%
United States
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Palm Desert Migration & Relocation Trends
In Jun '24 - Aug '24, 21% of Palm Desert homebuyers searched to move out of Palm Desert, while 79% looked to stay within the metropolitan area.
- Across the nation, 5% of homebuyers searched to move into Palm Desert from outside metros.
- San Francisco homebuyers searched to move into Palm Desert more than any other metro followed by New York and El Centro.
Where are people moving to Palm Desert from?
- 79% of Palm Desert homebuyers searched to stay within the Palm Desert metropolitan area.
- San Diego was the most popular destination among Palm Desert homebuyers followed by Las Vegas and Bakersfield.
Where are people from Palm Desert moving to?
Number of People Moving to Palm Desert
least
most
People are moving to Palm Desert from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jun '24 - Aug '24 | ||
| 1 | 3,042 | ||
| 2 | 1,563 | ||
| 3 | 38 | ||
| 4 | 25 | ||
| 5 | 11 | ||
| 6 | 10 | ||
| 7 | 8 | ||
| 8 | 7 | ||
| 9 | 6 | ||
| 10 | 5 | ||
People are leaving Palm Desert for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jun '24 - Aug '24 | ||
| 1 | 12,413 | ||
| 2 | 5,264 | ||
| 3 | 3,635 | ||
| 4 | 3,147 | ||
| 5 | 2,594 | ||
| 6 | 2,220 | ||
| 7 | 2,018 | ||
| 8 | 1,749 | ||
| 9 | 1,539 | ||
| 10 | 1,507 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Palm Desert.
Provided by First Street Foundation
Transportation in Palm Desert
Learn about the walkability, bikeability, and transit-friendliness of Palm Desert
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Somewhat Bikeable
Bike Score®
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