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Palm Springs, California

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Demand is unremarkable. Hotness 42/100, supply score 32, homes go under contract 11.1% slower than the US median, at 153% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $74K, +2.3% YoY (ZIP); renters hold 33.6% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −7.3% YoY. inventory, −4.8% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $661,034 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

3 ZIPs in this city:92262 92263 92264

Market Hotness

42 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

+11.1%

homes sell slower here

153%

of national median · above avg

Median Listing Price

$661K

Population

46,786

25,038

Median Days on Market

Active Listings

598

New Listings

198

Housing Market

The median listing price is down 7.3% YoY while the median home got down 2.1% bigger, so value per square foot is down 5.3%.

Pricing

Median Listing Price

$661K-7.3% YoY

Average Listing Price

$908K-1.7% YoY

Price per Sq Ft

$424.258-5.3% YoY

Median Sq Ft

1,526-2.1% YoY

Inventory

Active Listings

598+2.2% YoY

New Listings

198-2.9% YoY

Total Listings

711-4.8% YoY

Buyer Competition

Pending Listings

116-28.0% YoY

Pending Ratio

0.19-29.9% YoY

Median Days on Market

74+2.8% YoY

Price Reduced

16.7%+5.3% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 869,414

869Kunits

Occupied775,33589.2%

Vacant94,07910.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 775,335

775Koccupied

Owner535,98669.1%

Renter239,34930.9%

Renter Share

30.9%-0.9% YoY

Total Housing Units

869,414+1.1% YoY

FY2026 Fair Market Rent

CountyRiverside County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 33.6% of this ZIP's 25,038 occupied households, on a median household income of $74K.

Population & Age

Total Population

46,786+1.0% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 46,786

47Kresidents

Under 184,2049.0%

Adults 18–6426,43556.5%

65 & Over16,14734.5%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

57.52+0.5% YoY

Population Under 18

4,204-2.5% YoY

Population 65 & Over

16,147+5.0% YoY

Households & Mobility

Total Households

25,038+1.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

1.84-0.4% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.4%

Moved (within US)10.9%

Other0.6%

Veterans

6.5%-4.0% YoY

Income & Poverty

Median Household Income

$74K+2.3% YoY

Per-Capita Income

$67K+4.4% YoY

Mean Household Income

$123K+4.2% YoY

Below Poverty Level

11.3%-14.4% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone61.0%

Public transit1.4%

Worked from home25.3%

Other12.2%

Worked From Home

25.3%+4.1% YoY

Mean Commute

22.10-5.8% YoY

Units & Tenure

Total Housing Units

37,418-0.1% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 37,418

37Kunits

Occupied25,03866.9%

Vacant12,38033.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 25,038

25Khouseholds

Owner16,61966.4%

Renter8,41933.6%

Avg Household Size — Owner

1.83+1.3% YoY

Avg Household Size — Renter

1.86-3.9% YoY

County Demographics

County population is up 1.2% to 2,478,600: residents under 18 are down 0.2% and those 65 and over are up 3.2%.

Median Age

37.02024

Population

Riverside County Population

2,529,933+1.1% YoY

Households

Total Households

775,335+1.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

3.15-0.6% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 2,478,600

2.5Mresidents

Under 18597,36924.1%

Adults 18–641,498,34360.5%

65 & Over382,88815.4%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

597,369-0.2% YoY

Population 65 & Over

382,888+3.2% YoY

Median Age

37.00+0.8% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house90.6%

Moved (within US)9.0%

Other0.4%

Veterans

5.8%-3.3% YoY

County Economy

County median household income is $93K, 10.6% of residents are below the poverty level, 12.3% work from home.

Income

Median Household Income

$93K+3.8% YoY

Per-Capita Income

$38K+3.1% YoY

Mean Household Income

$119K+2.8% YoY

Poverty

Below Poverty Level

10.6%-4.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone73.3%

Public transit0.7%

Worked from home12.3%

Other13.7%

Worked From Home

12.3%+12.8% YoY

Mean Commute

33.800.0% YoY

Done with Palm Springs? Put it next to another market.

State

City

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State

City

ZIP codes

Palm Springs, California

Realtor Sep 2026 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Demand is unremarkable. Hotness 42/100, supply score 32, homes go under contract 11.1% slower than the US median, at 153% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $74K, +2.3% YoY (ZIP); renters hold 33.6% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is −7.3% YoY. inventory, −4.8% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

3 ZIPs in this city:92262 92263 92264

Market Hotness

42 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

+11.1%

homes sell slower here

153%

of national median · above avg

Median Listing Price

$661K

Population

46,786

25,038

Median Days on Market

Active Listings

598

New Listings

198

Housing Market

The median listing price is down 7.3% YoY while the median home got down 2.1% bigger, so value per square foot is down 5.3%.

Pricing

Median Listing Price

$661K-7.3% YoY

Average Listing Price

$908K-1.7% YoY

Price per Sq Ft

$424.258-5.3% YoY

Median Sq Ft

1,526-2.1% YoY

Inventory

Active Listings

598+2.2% YoY

New Listings

198-2.9% YoY

Total Listings

711-4.8% YoY

Buyer Competition

Pending Listings

116-28.0% YoY

Pending Ratio

0.19-29.9% YoY

Median Days on Market

74+2.8% YoY

Price Reduced

16.7%+5.3% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 869,414

869Kunits

Occupied775,33589.2%

Vacant94,07910.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 775,335

775Koccupied

Owner535,98669.1%

Renter239,34930.9%

Renter Share

30.9%-0.9% YoY

Total Housing Units

869,414+1.1% YoY

FY2026 Fair Market Rent

CountyRiverside County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 33.6% of this ZIP's 25,038 occupied households, on a median household income of $74K.

Population & Age

Total Population

46,786+1.0% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 46,786

47Kresidents

Under 184,2049.0%

Adults 18–6426,43556.5%

65 & Over16,14734.5%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

57.52+0.5% YoY

Population Under 18

4,204-2.5% YoY

Population 65 & Over

16,147+5.0% YoY

Households & Mobility

Total Households

25,038+1.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

1.84-0.4% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house88.4%

Moved (within US)10.9%

Other0.6%

Veterans

6.5%-4.0% YoY

Income & Poverty

Median Household Income

$74K+2.3% YoY

Per-Capita Income

$67K+4.4% YoY

Mean Household Income

$123K+4.2% YoY

Below Poverty Level

11.3%-14.4% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone61.0%

Public transit1.4%

Worked from home25.3%

Other12.2%

Worked From Home

25.3%+4.1% YoY

Mean Commute

22.10-5.8% YoY

Units & Tenure

Total Housing Units

37,418-0.1% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 37,418

37Kunits

Occupied25,03866.9%

Vacant12,38033.1%

2024 Tenure ⓘ

U.S. Census ACS · n = 25,038

25Khouseholds

Owner16,61966.4%

Renter8,41933.6%

Avg Household Size — Owner

1.83+1.3% YoY

Avg Household Size — Renter

1.86-3.9% YoY

County Demographics

County population is up 1.2% to 2,478,600: residents under 18 are down 0.2% and those 65 and over are up 3.2%.

Median Age

37.02024

Population

Riverside County Population

2,529,933+1.1% YoY

Households

Total Households

775,335+1.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

3.15-0.6% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 2,478,600

2.5Mresidents

Under 18597,36924.1%

Adults 18–641,498,34360.5%

65 & Over382,88815.4%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

597,369-0.2% YoY

Population 65 & Over

382,888+3.2% YoY

Median Age

37.00+0.8% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house90.6%

Moved (within US)9.0%

Other0.4%

Veterans

5.8%-3.3% YoY

County Economy

County median household income is $93K, 10.6% of residents are below the poverty level, 12.3% work from home.

Income

Median Household Income

$93K+3.8% YoY

Per-Capita Income

$38K+3.1% YoY

Mean Household Income

$119K+2.8% YoY

Poverty

Below Poverty Level

10.6%-4.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone73.3%

Public transit0.7%

Worked from home12.3%

Other13.7%

Worked From Home

12.3%+12.8% YoY

Mean Commute

33.800.0% YoY

Done with Palm Springs? Put it next to another market.