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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

$873,105

AVERAGE PRICE OF 714 HOMES

$563,405

AVERAGE PRICE OF 19 DISTRESSED HOMES

$1,865,033

AVERAGE PRICE OF 183 MULTI-MILLION DOLLAR HOMES

$1,330,754

AVERAGE PRICE OF 25 NEWLY BUILT HOMES

$980,242

AVERAGE PRICE OF 546 HOMES WITH A POOL

Average Home

Average Price $873,105
Avg Bedrooms 2.62 beds
Avg Bathrooms 2.45 baths

Average Price by Bedrooms

1 bedroom $230,570
2 bedrooms $516,102
3 bedrooms $964,087
4 bedrooms $1,564,245
5 bedrooms $2,917,500
Palm Springs Home Price Trends
  8/2026 7/2026 6/2026 5/2026 4/2026
Total Listings 716 803 n/a n/a 1,206
Average Price $924,024 $963,784 n/a n/a $1,067,973
Avg Price Change -4.30% n/a n/a n/a -0.64%
Median Price $692,645 $692,192 n/a n/a $683,935
Med Price Change +0.07% n/a n/a n/a -1.54%
Avg Bedrooms 2.63 beds 2.63 beds n/a n/a 2.46 beds
Avg Bathrooms 2.48 baths 2.5 baths n/a n/a 2.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cathedral City 2 $307,499 114 days
Palm Springs 54 $783,611 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 714 $873,105 83 days
Distressed Homes 19 $563,405 98 days
Multi-Million Dollar Homes 183 $1,865,033 86 days
Newly Built Homes 25 $1,330,754 98 days
Homes with a Pool 546 $980,242 83 days
First Team Real Estate - Newport Beach
Joe Chung
4 Corporate Plaza Dr, Suite 100
Newport Beach, CA 92660
949-678-0999
DRE# 01963102

Based on information from California Regional Multiple Listing Service, Inc. as of September 16, 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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