What is the median price for Single Family Homes in Palm Springs?

The median price for Single Family Homes in Palm Springs, CA is $1,062,500 based on 1,037 recent closed sales.

Is the Palm Springs market hot for single family homes?

The Palm Springs single family homes market is currently hot with 86.4 months of supply and 86.4 closed sales per month.

How do I get an appraisal for a single family homes in Palm Springs?

Call (909) 266-0644, text (909) 566-2866, or schedule online at ScheduleAppraisal.com. Certified residential appraisals start at $350.

Riverside County · 🏠 Single Family Homes

Updated today · based on latest MLS activity

Single Family Homes Market Report — Palm Springs, CA

Median price $1,062,500 with a hot market, 1,037 closed sales, and 86.4 months of supply.

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Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906

Market Summary

$1,062,500

Median Price

$539.3/sf

Median PSF

8.3%

Price Change

Hot

Market Temperature

86.4 mo

Absorption Rate

📈 Seller

Market Type

What's Your Single Family Homes Worth in Palm Springs?

Based on 1,037 recent closed sales, a typical single family homes in Palm Springs falls in this range:

$850,000 – $1,275,000

Actual value depends on size, condition, location, and lot. Text your address for a precise estimate.

Text (909) 566-2866 for Your Value →

Supply & Demand

Activity

Active listings: 1,548

Pending: 214

Closed / month: 86.4

Market balance: Seller Strong

Recommendation

Use recent single family homes sales to price for a hot market in Palm Springs.

Review pending count and active supply before making price or offer timing decisions in this hot segment.

Inventory

1,548

Active

214

Pending

274

Closed 30d

640

Closed 90d

$1,062,500

Median Active Price

116

Avg Days Active

Monthly Trend Chart

$1,000,000

25-06

$1,095,000

25-07

$937,500

25-08

$955,000

25-09

$937,500

25-10

$1,100,000

25-11

$1,130,000

25-12

$1,075,000

26-01

$726,384

26-02

$1,129,500

26-03

$1,062,500

Single-family housing in Palm Springs remains the Inland Empire benchmark most owners, agents, and buyers reference when they talk about neighborhood value. Pricing usually moves with affordability, school and commute patterns, tract-level reputation, and the mix of updated versus original-condition homes coming to market.

For Home Buyers in Palm Springs

If you are financing a purchase in Palm Springs, your lender will require a certified appraisal to confirm the contract price is supported by market data. Thomas Appraisal works with major lenders and AMCs across California, delivering reports that satisfy underwriting requirements without delays.

Don't wait for the lender to order — getting an independent appraisal before you bid strengthens your negotiating position. Text (909) 266-0644 your target address and get comparable sales data within minutes, or call for a full certified appraisal.

Single Family Homes FAQ

What matters most when reviewing single-family comps in Palm Springs?

Single-family buyers in Palm Springs usually react fastest to lot utility, garage count, condition, school draw, and tract location. The best comps stay close on GLA, age, lot size, and neighborhood appeal so the price story matches how local buyers compare homes.

How far back should I look for single-family sales in Palm Springs?

Most Palm Springs single-family pricing conversations start with the most recent closed sales, then expand only when inventory is thin. In Inland Empire neighborhoods with steady turnover, fresher comps usually explain value better than older sales from a different market cycle.

Are remodels and ADUs handled differently for Palm Springs houses?

Yes. Updated kitchens, bathrooms, and permitted ADUs can move buyer demand meaningfully, but only when the surrounding market shows support for that premium. In Palm Springs, the comp set should separate basic cosmetic updates from full repositioning work.

Why can two similar houses in Palm Springs sell at different $/sf?

Single-family $/sf is heavily shaped by lot configuration, curb appeal, street influence, and bedroom count. In Palm Springs, two homes with similar square footage can still sell differently if one has a superior lot, better renovation level, or more desirable micro-location.

Your Appraiser: Lionel Newman Thomas

Certified Residential Appraiser Lic #041145 | CA AMC Lic #3006906

Certified Residential Real Estate Appraiser with 17 years of experience serving the Inland Empire and greater Southern California. Lionel provides accurate, defensible valuations backed by CRMLS data and deep local market knowledge.

📞 (909) 266-0644 💬 Text (909) 566-2866