Call or Text (240) SELL-123

PALM SPRINGS, CA 92264

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The PALM SPRINGS, CA real estate market (92264) currently shows 435 active listings, with 102 pending sales. Homes are averaging 52 days on the market before going under contract.

Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 52 days on market compared to 49 days last year.

The median listing price has fallen 11.3% year-over-year, from $799,000 to $708,500.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PALM SPRINGS, CA 92264 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
435
⇧ 5.6% vs 412 last year
Pending
102
23% pending ratio
Median Price
$708,500
⇩ 11.3% vs $799,000 last year
Average Price
$1,084,622
⇩ 1.4% vs $1,100,394 last year
Days on Market
52
⇧ 6.1% vs 49 days last year

Price Per Square Foot

Median $/sqft
$446
⇩ 4.7% vs $468/sqft last year
Median Home Size
1,600 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 435 this year vs 412 last year
  • Days on market: 52 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $708,500 (-11.3% YoY)
  • Average: $1,084,622 (-1.4% 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
Price Per Sqft
Price Reduced %

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 February 2026, there are 435 active listings in PALM SPRINGS, CA (zip code 92264), compared to 412 the prior year.

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

The median listing price in PALM SPRINGS, CA 92264 is $708,500 as of February 2026, a 11.3% decrease from $799,000 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 52 days on the market before going under contract, compared to 49 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 February 2026, PALM SPRINGS, CA 92264 is currently a Buyer's Market. Inventory has increased compared to last year, with 23 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 52 days on market compared to 49 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 $14,170 compared to a typical 5% commission on the median listing price of $708,500. 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.