Palm Springs, CA Real Estate & Property Data

Palm Springs Real Estate Market Trends
Last Updated: April 22, 2025

It is crucial to have accurate and comprehensive real estate data to gain insights into the city of Palm Springs, CA. ATTOM offers up to date Palm Springs real estate data that is refreshed daily. Current market trends reveal that in the past year, 1,626 residential properties have been sold in Palm Springs, CA, with a median home price of $1,209,500. The average square footage of these properties is 2,115 sq ft, and the effective property tax rate is 0.77%. Additionally, there have been 10 foreclosures in the area in the past month. ATTOM is your one-stop-shop for detailed property data in Palm Springs, CA, providing you with the real estate information you need.

Palm Springs Real Estate Market Trends
Total Residential Properties 30,806
Total Commercial Properties 2,135
Avg. Home Age (Single Family Home) 47 Years
Avg. Square Feet (Single Family Home) 2,115
Total 2025 Residential Sales (year-to-date) 266
% of Homes Seriously Underwater (Q2 2025) 0.86%
Total 2024 Residential Sales 1,484
% of Equity Rich Homes (Q2 2025) 38.28%
Effective 2024 Property Tax 0.77%
Total Foreclosure Filings (year-to-date) 25
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Palm Springs, CA Real Estate Overview

In the last year, 1,626 residential properties were sold in Palm Springs, CA, with a median home value of $698,713. Palm Springs, CA has a total of 30,806 residential properties, including properties across 2 zip codes and 1284 streets.

Median Sales Price i
$1,209,500
(Feb 2025)
+5%
year-over-year
y-o-y
  • February '25 Feb '25 $1,209,500
  • January '25 Jan '25 $1,025,000
  • December '24 Dec '24 $957,500
  • November '24 Nov '24 $1,105,000
  • October '24 Oct '24 $920,000
  • September '24 Sep '24 $1,000,000
  • August '24 Aug '24 $1,150,000
  • July '24 Jul '24 $980,000
  • June '24 Jun '24 $1,085,000
  • May '24 May '24 $1,090,000
  • April '24 Apr '24 $1,160,000
  • March '24 Mar '24 $1,130,000
Median Down Payment i
$377,500
(Feb 2025)
+21%
year-over-year
y-o-y
  • February '25 Feb '25 $377,500
  • January '25 Jan '25 $275,000
  • December '24 Dec '24 $280,000
  • November '24 Nov '24 $385,000
  • October '24 Oct '24 $216,250
  • September '24 Sep '24 $233,450
  • August '24 Aug '24 $292,000
  • July '24 Jul '24 $228,125
  • June '24 Jun '24 $300,000
  • May '24 May '24 $291,550
  • April '24 Apr '24 $356,250
  • March '24 Mar '24 $293,527
Number of Homes Sold i
139
(Feb 2025)
-7.3%
year-over-year
y-o-y
  • February '25 Feb '25 139
  • January '25 Jan '25 127
  • December '24 Dec '24 105
  • November '24 Nov '24 94
  • October '24 Oct '24 98
  • September '24 Sep '24 96
  • August '24 Aug '24 100
  • July '24 Jul '24 102
  • June '24 Jun '24 105
  • May '24 May '24 142
  • April '24 Apr '24 199
  • March '24 Mar '24 169
Number of Purchase Loans i
73
(Feb 2025)
+4.3%
year-over-year
y-o-y
  • February '25 Feb '25 73
  • January '25 Jan '25 60
  • December '24 Dec '24 61
  • November '24 Nov '24 62
  • October '24 Oct '24 60
  • September '24 Sep '24 54
  • August '24 Aug '24 57
  • July '24 Jul '24 57
  • June '24 Jun '24 57
  • May '24 May '24 80
  • April '24 Apr '24 106
  • March '24 Mar '24 86
Number of REFI Loans i
48
(Feb 2025)
+92%
year-over-year
y-o-y
  • February '25 Feb '25 48
  • January '25 Jan '25 58
  • December '24 Dec '24 52
  • November '24 Nov '24 38
  • October '24 Oct '24 65
  • September '24 Sep '24 47
  • August '24 Aug '24 44
  • July '24 Jul '24 49
  • June '24 Jun '24 43
  • May '24 May '24 55
  • April '24 Apr '24 47
  • March '24 Mar '24 36
Number of HELOC Loans i
13
(Feb 2025)
+30%
year-over-year
y-o-y
  • February '25 Feb '25 13
  • January '25 Jan '25 12
  • December '24 Dec '24 11
  • November '24 Nov '24 16
  • October '24 Oct '24 12
  • September '24 Sep '24 13
  • August '24 Aug '24 15
  • July '24 Jul '24 15
  • June '24 Jun '24 14
  • May '24 May '24 21
  • April '24 Apr '24 14
  • March '24 Mar '24 19

Palm Springs, CA Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Palm Springs, CA Foreclosure Activity

There were a total of 10 Palm Springs, CA properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 10 Palm Springs, CA properties and repossessed 3 Palm Springs, CA properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
10
(Feb 2025)
-28.6%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 15
  • December '24 Dec '24 16
  • November '24 Nov '24 14
  • October '24 Oct '24 17
  • September '24 Sep '24 15
  • August '24 Aug '24 13
  • July '24 Jul '24 21
  • June '24 Jun '24 10
  • May '24 May '24 18
  • April '24 Apr '24 8
  • March '24 Mar '24 12
Foreclosure Starts i
10
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 8
  • December '24 Dec '24 7
  • November '24 Nov '24 7
  • October '24 Oct '24 14
  • September '24 Sep '24 9
  • August '24 Aug '24 8
  • July '24 Jul '24 15
  • June '24 Jun '24 4
  • May '24 May '24 12
  • April '24 Apr '24 6
  • March '24 Mar '24 11
Completed Foreclosures (REOs) i
3
(Feb 2025)
+200%
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 3
  • December '24 Dec '24 4
  • November '24 Nov '24 5
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 1
  • June '24 Jun '24 2
  • May '24 May '24 1
  • April '24 Apr '24 N/A
  • March '24 Mar '24 3
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