The Palm Springs housing market is somewhat competitive. The median sale price of a home in Palm Springs was $620K last month, up 15.4% since last year. The median sale price per square foot in Palm Springs is $383, down 6.2% since last year.
What is the housing market like in Palm Springs today?
In October 2024, Palm Springs home prices were up 15.4% compared to last year, selling for a median price of $620K. On average, homes in Palm Springs sell after 22 days on the market compared to 68 days last year. There were 12 homes sold in October this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$619,500
+15.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Palm Springs, FL
$619,500
+15.4%
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 Hialeah 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 42.5 days.
0
100
58
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 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 43 days.
Hot homes
can sell for about 1% below list price and go pending in around 16 days.
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
91% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Springs has a minor risk of flooding. 973 properties in Palm Springs are likely to be
severely affected
by flooding over the next 30 years. This represents 91% 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
Wind Factor - Extreme
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. 2,364 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 180 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 195 mph.