Desert Hot Springs, CA 92240 Housing Market
- Active listings91currently for sale
- Pending sales13under contract
- Median asking price$380,000current listings
- Listing age61 daysmedian time Resideline has been seeing the current listings
- Closed sales tracked (6 mo)329a tracked sample, not a market total
- Median sold price$379,000last 6 months
- Middle half of sold prices$310k to $428k25th to 75th percentile
What the numbers say
As of September 14, 2026, Resideline is tracking 91 active listings and 13 pending sales in ZIP code 92240. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $380,000, while the median of the 329 closed sales Resideline tracked over the last six months was $379,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 92240 for 61 days.
Frequently asked questions
What is the median home price in 92240?
The median closed sale price in Desert Hot Springs, CA 92240 was $379,000 over the last six months, based on 329 closed sales tracked by Resideline. The middle half of those sales ranged from $310,000 to $428,000.
Is 92240 a buyer's or seller's market?
Resideline is currently tracking 13 pending sales against 91 active listings in 92240, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 92240 currently looks like a balanced market.
Nearby ZIP code market data
- 95747 Roseville, CA
- 92211 Palm Desert, CA
- 95648 Lincoln, CA
- 92253 La Quinta, CA
- 92345 Hesperia, CA
- 93536 Lancaster, CA