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Palm Springs

Why you'd want to live in Palm Springs

Palm Springs is a world-renowned desert city in Southern California’s Coachella Valley, known for its iconic midcentury modern architecture, vibrant culture, and relaxed resort lifestyle. Set against the dramatic backdrop of the San Jacinto Mountains, the city offers a unique blend of natural beauty, design heritage, and year-round sunshine. Celebrated as the capital of midcentury modern design, Palm Springs showcases the work of influential architects such as Richard Neutra and Albert Frey. Distinctive homes and neighborhoods feature clean lines, open spaces, and seamless indoor-outdoor living that define the city’s timeless aesthetic. Palm Springs is also recognized for its welcoming and inclusive community, long established as a premier LGBTQ+ destination. A lively calendar of events, festivals, and cultural experiences contributes to the city’s energetic yet laid-back atmosphere. Outdoor recreation is central to the lifestyle, with opportunities for hiking, biking, golf, and exploration across scenic desert landscapes. The Palm Springs Aerial Tramway offers a unique experience, transporting visitors from the desert floor to cooler alpine environments within minutes. Downtown Palm Springs serves as the social hub, featuring boutique hotels, acclaimed restaurants, art galleries, and curated shopping along Palm Canyon Drive. The city’s cultural roots are deeply connected to the Agua Caliente Band of Cahuilla Indians, whose heritage continues to shape the community. Overall, Palm Springs offers a sophisticated yet relaxed desert lifestyle defined by design, culture, and natural beauty.

Palm Springs

Palm Springs Market Report

$1,062,423

AVERAGE PRICE OF 1,205 HOMES

$761,995

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,346,333

AVERAGE PRICE OF 372 MULTI-MILLION DOLLAR HOMES

$1,668,713

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$1,138,435

AVERAGE PRICE OF 858 HOMES WITH A POOL

$765,149

AVERAGE PRICE OF 81 REDUCED PRICE HOMES

Average Home

Average Price $1,062,423
Avg Bedrooms 2.44 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $281,515
2 bedrooms $523,633
3 bedrooms $1,033,391
4 bedrooms $1,687,273
5 bedrooms $3,597,684
Palm Springs Home Price Trends
  4/2026 3/2026 2/2026 1/2026 12/2025
Total Listings 1,206 1,207 1,171 1,055 1,037
Average Price $1,067,973 $1,074,814 $1,026,103 $989,733 $992,733
Avg Price Change -0.64% +4.75% +3.67% -0.30% +2.88%
Median Price $683,935 $694,498 $687,928 $664,766 $671,486
Med Price Change -1.54% +0.96% +3.48% -1.01% -0.53%
Avg Bedrooms 2.46 beds 2.46 beds 2.43 beds 2.41 beds 2.41 beds
Avg Bathrooms 2.35 baths 2.34 baths 2.3 baths 2.28 baths 2.29 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Palm Springs 72 $1,161,417 81 days
Total Homes Average Price Avg Days on Site
All Homes 1,205 $1,062,423 102 days
Distressed Homes 22 $761,995 106 days
Multi-Million Dollar Homes 372 $2,346,333 97 days
Newly Built Homes 35 $1,668,713 94 days
Homes with a Pool 858 $1,138,435 90 days
Reduced Price Homes 81 $765,149 62 days
Coldwell Banker
Joe Chung
840 Newport Center Drive, Suite 100
Newport Beach, CA 92660
949-678-0999
DRE# 01963102

Based on information from California Regional Multiple Listing Service, Inc. as of May 10, 2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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