Palm Springs housing market: home prices and forecast
Palm Springs home prices: according to the Zillow Home Value Index, a typical Palm Springs, California home was valued at $612,063 in September 2026, down 0.4% from one year before and 11.9% beneath the July 2022 peak of $694,414.
- Value of a typical home
- $612,063September 2026, Zillow ZHVI
- Change over 12 months
- −0.4%. Compared with September 2025.
Palm Springs home prices since 2000
The grey line shows the United States, while the steel line marks Palm Springs. From January 2000 onward, the typical Palm Springs home climbed from $131,540 to $612,063, giving a ×4.65 multiple. The US recorded ×2.99 across those months. The boom high was $399,751 in September 2006, while the low was $208,880 in April 2012, a 47.7% decline.
Palm Springs median home price by year
Each year uses the average of its twelve monthly values; for 2026, only the latest month is shown.
| Year | Palm Springs | Change on the year | United States |
|---|---|---|---|
| 2000 | $142,036 | $125,745 | |
| 2001 | $169,962 | +19.7% | $134,899 |
| 2002 | $192,447 | +13.2% | $144,276 |
| 2003 | $220,986 | +14.8% | $155,308 |
| 2004 | $274,281 | +24.1% | $169,891 |
| 2005 | $352,883 | +28.7% | $189,732 |
| 2006 | $396,992 | +12.5% | $206,531 |
| 2007 | $372,809 | −6.1% | $208,449 |
| 2008 | $304,406 | −18.3% | $195,574 |
| 2009 | $248,352 | −18.4% | $177,542 |
| 2010 | $233,426 | −6.0% | $171,462 |
| 2011 | $217,347 | −6.9% | $162,508 |
| 2012 | $214,080 | −1.5% | $161,137 |
| 2013 | $252,961 | +18.2% | $171,420 |
| 2014 | $292,131 | +15.5% | $182,996 |
| 2015 | $318,157 | +8.9% | $192,738 |
| 2016 | $325,741 | +2.4% | $204,509 |
| 2017 | $335,701 | +3.1% | $216,767 |
| 2018 | $375,871 | +12.0% | $230,541 |
| 2019 | $395,427 | +5.2% | $242,088 |
| 2020 | $420,113 | +6.2% | $257,151 |
| 2021 | $527,968 | +25.7% | $295,959 |
| 2022 | $666,715 | +26.3% | $340,014 |
| 2023 | $657,559 | −1.4% | $348,160 |
| 2024 | $652,835 | −0.7% | $359,751 |
| 2025 | $624,101 | −4.4% | $362,959 |
| September 2026 | $612,063 | −0.4% | $366,157 |
Current value of Palm Springs homes bought in any year
This uses an index to estimate a typical home and is not an appraisal.
Each year’s figure averages twelve monthly index values; the current value is September 2026. Other choices include the home appreciation calculator.
Thinking about selling? Use Realtor.com to compare local agents. Advertising disclosure: the site may receive payment for links like this one, but it never changes a number. Disclosure.
Palm Springs housing market forecast
For the Riverside, CA metro, Zillow's forecast is +0.3% across the 12 months beginning September 2026. It also predicts −0.8% for the next three months. If Palm Springs's typical $612,063 value followed the forecast, it would reach about $613,900 after a year.
Zillow's central estimate for the metro appears here; the site does not publish a forecast of its own. Forecasts like this over 12 months have typically differed from what actually happened by several percentage points, either above or below. This is not investment advice.
See every metro forecast in the housing market forecast table.
Palm Springs housing market crash risk score
High: 65 of 100
Five conditions that were high before earlier price falls are what the score uses to rank Palm Springs against the 292 cities. Every input is scored from 0 to 100 relative to the other cities, then the five scores receive equal weight in the average. Current conditions are described, but a crash is not predicted.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −8.8% | 30 | 20% |
| Time on the market vs 2019 | +18.5% | 78 | 20% |
| Price-to-rent ratio | 24.7 | 83 | 20% |
| 12-month price change | −0.4% | 70 | 20% |
This is not investment advice. Scoring details are in the methodology. The crash risk by city list ranks all 292 cities.
Palm Springs inventory and days on market
In September 2026 the Riverside, CA metro counted 13,206 homes on the market, +0.1% compared with a year earlier and −8.8% compared with the same month of 2019. It took a median 64 days to sell a listed home. Compared with 2019, that was +18.5%, while 17.6% of listings received a price cut.
| Riverside, CA metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 13,206 | +0.1% |
| New listings | 5,050 | |
| Median days on market | 64 | −4.5% |
| Median list price | $584,984 | −1.7% |
| Share with a price cut | 17.6% |
Metro inventory from Realtor.com® Economic Research. Realtor.com data. All metros: days on market by city.
What it costs to live in Palm Springs
By the Zillow Observed Rent Index, the typical asking rent in Palm Springs runs $2,067 a month, +2.5% on a year. A typical home's price comes to 24.7 years of that rent. According to BEA, the metro has a price index of 106.4, while the US average is 100; its housing cost index is 129.3.
Check Palm Springs living costs for rent, prices, and the salary required to move there.
Additional California housing markets
- Los Angeles market $927,891.
- San Diego market $980,490.
- San Jose market $1,353,869.
- San Francisco market $1,441,021.
- Fresno market $384,885.
- Sacramento market $470,552.
- Long Beach $852,391
- Oakland market $710,647.
- Bakersfield market $385,686.
- Anaheim market $941,684.
Across the state: California housing market.
How to read this chart
Each point shows the Zillow Home Value Index for Palm Springs. It represents a typical home in the market's middle third, with smoothing and seasonal adjustments, measured in that month's dollars. A hollow dot shows the month picked on the slider, while a terracotta dot shows the latest month. These numbers carry no inflation adjustment, and an index follows the typical home instead of any given house: the card above or the home appreciation calculator helps you work out a single home's worth from its own sale price.