Palm Springs, California Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Palm Springs, California
3 ZIPs in this city:
92262
92263
92264
Market Hotness
30
Hotness Rank
--
Hotness Score
30
Supply Score
21
Demand Score
39
DOM vs US
+16.0%
Slower
Price vs US
160%
Above avg
Median Listing Price
$702K
Population
46,786
Households
869,414
Median Days on Market
70
Active Listings
703
New Listings
154
Housing Market
Pricing
Median Listing Price
$702K
-5.4% YoY
Average Listing Price
$1.07M
+4.6% YoY
Price per Sq Ft
$451.267
-3.5% YoY
Median Sq Ft
1,546
+1.0% YoY
Inventory
Active Listings
703
-12.2% YoY
New Listings
154
-8.3% YoY
Total Listings
890
-8.3% YoY
Buyer Competition
Pending Listings
187
+10.0% YoY
Pending Ratio
0.27
+25.6% YoY
Median Days on Market
70
-2.3% YoY
Price Reduced
18.5%
-10.5% YoY
FY2026 Fair Market Rent — Riverside County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,692
/month
1 BR
$1,777
/month
2 BR
$2,201
/month
3 BR
$2,912
/month
4 BR
$3,514
/month
FMR Trends — Riverside County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
37.0
2024
Population
Total Population
46,786
+1.0% YoY
Riverside County Population
2,529,933
+1.1% YoY
Households
Total Housing Units
869,414
+1.1% YoY
Age
2024 Age Mix
2.5M
residents
Under 18
597,369
24.1%
Adults 18–64
1,498,343
60.5%
65 & Over
382,888
15.4%
Age Composition Over Time
2017–2024
Population Under 18
597,369
-0.2% YoY
Population 65 & Over
382,888
+3.2% YoY
Median Age
37.00
+0.8% YoY
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