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Palm Springs

Why you'd want to live in Palm Springs

Living in Palm Springs, CA, offers a unique blend of natural beauty, cultural richness, and a laid-back lifestyle that appeals to a wide range of people. The city is renowned for its stunning desert landscapes, surrounded by breathtaking mountain views, including the San Jacinto Mountains, which provide a picturesque backdrop for daily life. Palm Springs enjoys over 300 days of sunshine annually, making it a paradise for outdoor enthusiasts who can indulge in activities such as golfing, hiking, biking, and swimming. The city's vibrant arts and culture scene features numerous galleries, theaters, and music venues, including the Palm Springs Art Museum and the annual Palm Springs International Film Festival, which attracts filmmakers and enthusiasts from around the world. Palm Springs also boasts a thriving culinary scene with diverse dining options that cater to various tastes and preferences. The community is known for its iconic mid-century modern architecture, adding a touch of elegance and historical significance to the area's appeal. Additionally, Palm Springs is a popular retirement destination, offering specific 55+ neighborhoods with resort-style amenities and a slower pace of life that many retirees find appealing. The city has a relaxed atmosphere where shorts, sunglasses, and sandals are the norm, and residents enjoy a casual lifestyle with easy access to high-quality services and amenities. The local economy is supported by tourism, which ensures that residents benefit from well-maintained facilities and a range of leisure activities. With its combination of natural beauty, cultural attractions, and a welcoming community, Palm Springs is an ideal place for those seeking a blend of relaxation and active living.

Palm Springs Market Report

$972,118

AVERAGE PRICE OF 1,132 HOMES

$737,058

AVERAGE PRICE OF 17 DISTRESSED HOMES

$2,133,369

AVERAGE PRICE OF 321 MULTI-MILLION DOLLAR HOMES

$2,194,320

AVERAGE PRICE OF 40 NEWLY BUILT HOMES

$961,516

AVERAGE PRICE OF 998 HOMES WITH A POOL

$653,964

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $972,118
Avg Bedrooms 2.52 beds
Avg Bathrooms 2.36 baths

Average Price by Bedrooms

1 bedroom $260,023
2 bedrooms $526,241
3 bedrooms $1,038,533
4 bedrooms $1,726,528
5 bedrooms $2,101,384
Palm Springs Home Price Trends
  5/2025 4/2025 3/2025 2/2025 1/2025
Total Listings 1,237 1,259 1,221 1,157 999
Average Price $1,021,118 $1,050,422 $1,073,185 $1,060,348 $1,067,319
Avg Price Change -2.87% -2.17% +1.21% -0.66% +1.92%
Median Price $727,333 $748,187 $795,000 $785,125 $771,915
Med Price Change -2.87% -6.26% +1.26% +1.71% +2.55%
Avg Bedrooms 2.52 beds 2.53 beds 2.56 beds 2.54 beds 2.55 beds
Avg Bathrooms 2.37 baths 2.41 baths 2.43 baths 2.43 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price
Palm Springs 67 $992,927
Total Homes Average Price
All Homes 1,132 $972,118
Distressed Homes 17 $737,058
Multi-Million Dollar Homes 321 $2,133,369
Newly Built Homes 40 $2,194,320
Homes with a Pool 998 $961,516
Reduced Price Homes 57 $653,964