The Palm Springs Housing Market: What Buyers and Sellers Should Know
By Brett Hickman, NMLS #2010859, DRE #01843823 · Numbers updated October 18, 2026
Market numbers
Palm Springs home sales, September 2026
In September 2026, 53 homes sold in Palm Springs. The median sold price was $535,000, 8% less than in September 2025. Half of them were on the market 52 days or less.
Number
All homes
Houses
Condos and townhomes
Homes sold in September
53
26
27
Median sold price
$535,000
$740,000
$350,000
Median sold price, September 2025
$583,000
$908,000
$326,000
Median days on market
52
48
64
Sold price vs. asking price
97%
98%
97%
For sale on Oct 18
437
211
226
Median asking price
$695,000
$970,000
$419,000
What the numbers say
- At September's pace, the 437 homes for sale would sell in about 8.2 months. That favors buyers: there are more homes than buyers, so there is room to ask for a better price, repairs or credits.
- The middle home sold for about 3% under its last asking price, so buyers have room to negotiate.
- Homes are selling faster than a year ago: half sold within 52 days, against 66 days in September 2025.
- A condo or townhome sold for a median of $350,000, about 53% less than a house at $740,000.
- The median house sold for $740,000, under Riverside County's 2026 loan limit of $832,750. A loan up to that limit is a standard (conforming) loan.
Based on information from California Regional MLS (CRMLS) as of October 18, 2026, homes listed in Palm Springs. Houses, condos and townhomes. Deemed reliable but not guaranteed.
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