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PALM SPRINGS, CA 92264

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

Market Overview

Active Listings
366
⇧ 2.5% vs 357 last year
Pending
78
21% pending ratio
Median Price
$650,000
⇩ 21.4% vs $826,500 last year
Average Price
$1,045,723
⇩ 6.7% vs $1,121,401 last year
Days on Market
69
⇧ 16.9% vs 59 days last year

Market Context

Population: 20,229  ·  Density: 153.4/mi²  ·  Median household income: $70,305

Typical home value: $473,136  ·  Homeownership: 68.5%

Market Analysis

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

The PALM SPRINGS, CA real estate market (92264) currently shows 366 active listings, with 78 pending sales. Homes are averaging 69 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 69 days on market compared to 59 days last year.

The median listing price has fallen 21.4% year-over-year, from $826,500 to $650,000.

Whether you are buying or selling in PALM 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: 366 this year vs 357 last year
  • Days on market: 69 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $650,000 (-21.4% YoY)
  • Average: $1,045,723 (-6.7% 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 25.0 miles — 1,773 listings ($1,274,718,864 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
92264Palm Springs, CA 922640.0 mi366$382,734,618$650,000$1,045,723
92234Cathedral City, CA 922345.8 mi249$131,152,782$520,000$526,718
92561Mountain Center, CA 925617.9 mi33$39,466,647$780,000$1,195,959
92276Thousand Palms, CA 922769.5 mi10$4,394,000$425,000$439,400
92211Palm Desert, CA 9221110.2 mi536$353,177,904$550,000$658,914
92258North Palm Springs, CA 9225813.0 mi6$2,440,902$383,500$406,817
92241Desert Hot Springs, CA 9224114.9 mi28$21,501,928$604,000$767,926
92203Indio, CA 9220315.2 mi268$185,357,108$599,000$691,631
92539Anza, CA 9253917.2 mi22$10,855,768$486,750$493,444
92230Cabazon, CA 9223019.3 mi4$1,676,532$388,000$419,133
92220Banning, CA 9222023.8 mi180$82,766,700$402,250$459,815
92536Aguanga, CA 9253624.7 mi15$18,560,655$672,000$1,237,377
92236Coachella, CA 9223625.0 mi56$40,633,320$539,900$725,595

Frequently Asked Questions

How many homes are for sale in PALM SPRINGS, CA 92264?

As of January 2026, there are 366 active listings in PALM SPRINGS, CA (zip code 92264), compared to 357 the prior year.

What is the median home price in PALM SPRINGS, CA 92264?

The median listing price in PALM SPRINGS, CA 92264 is $650,000 as of January 2026, a 21.4% decrease from $826,500 the prior year.

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

Homes in PALM SPRINGS, CA 92264 spend an average of 69 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in PALM SPRINGS, CA 92264?

Based on current inventory and days-on-market data as of January 2026, PALM SPRINGS, CA 92264 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 69 days on market compared to 59 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PALM SPRINGS, CA 92264 save an estimated $13,000 compared to a typical 5% commission on the median listing price of $650,000. 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.