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DESERT HOT SPRINGS, CA 92240

Real Estate Market Report  ·  Riverside County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
222
⇩ 7.9% vs 241 last year
Pending
37
17% pending ratio
Median Price
$419,000
⇩ 4.1% vs $437,000 last year
Average Price
$428,556
⇩ 11.6% vs $484,562 last year
Days on Market
66
⇩ 4.3% vs 69 days last year

Market Context

Population: 40,755  ·  Density: 440.7/mi²  ·  Median household income: $48,469

Typical home value: $269,922  ·  Homeownership: 52.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The DESERT HOT SPRINGS, CA real estate market (92240) currently shows 222 active listings, with 37 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 66 days on market compared to 69 days last year.

The median listing price has fallen 4.1% year-over-year, from $437,000 to $419,000.

Whether you are buying or selling in DESERT HOT SPRINGS, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 222 this year vs 241 last year
  • Days on market: 66 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $419,000 (-4.1% YoY)
  • Average: $428,556 (-11.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.5 miles — 3,022 listings ($3,298,589,239 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92240Desert Hot Springs, CA 922400.0 mi222$95,139,432$419,000$428,556
92262Palm Springs, CA 922626.6 mi491$527,159,204$748,000$1,073,644
92256Morongo Valley, CA 9225610.0 mi45$18,603,945$394,000$413,421
92276Thousand Palms, CA 9227611.3 mi10$4,394,000$425,000$439,400
92268Pioneertown, CA 9226814.5 mi16$21,430,768$1,195,000$1,339,423
92549Idyllwild, CA 9254914.9 mi98$55,844,810$531,500$569,845
92284Yucca Valley, CA 9228415.3 mi234$127,705,500$459,450$545,750
92211Palm Desert, CA 9221116.8 mi536$353,177,904$550,000$658,914
92260Palm Desert, CA 9226018.8 mi358$506,421,430$635,000$1,414,585
92210Indian Wells, CA 9221020.1 mi134$260,879,106$1,374,500$1,946,859
92203Indio, CA 9220321.2 mi268$185,357,108$599,000$691,631
92305Angelus Oaks, CA 9230523.4 mi14$7,213,444$374,900$515,246
92253La Quinta, CA 9225324.5 mi596$1,135,262,588$898,000$1,904,803

Frequently Asked Questions

How many homes are for sale in DESERT HOT SPRINGS, CA 92240?

As of January 2026, there are 222 active listings in DESERT HOT SPRINGS, CA (zip code 92240), compared to 241 the prior year.

What is the median home price in DESERT HOT SPRINGS, CA 92240?

The median listing price in DESERT HOT SPRINGS, CA 92240 is $419,000 as of January 2026, a 4.1% decrease from $437,000 the prior year.

How long do homes stay on the market in DESERT HOT SPRINGS, CA?

Homes in DESERT HOT SPRINGS, CA 92240 spend an average of 66 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in DESERT HOT SPRINGS, CA 92240?

Based on current inventory and days-on-market data as of January 2026, DESERT HOT SPRINGS, CA 92240 is currently a Seller's Market. Inventory has tightened compared to last year, with 19 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 66 days on market compared to 69 days last year.

How much can I save on real estate commission in DESERT HOT SPRINGS, CA?

With SELL123.com's maximum 3% commission, sellers in DESERT HOT SPRINGS, CA 92240 save an estimated $8,380 compared to a typical 5% commission on the median listing price of $419,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.