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Desert Hot Springs, CA 92240 Housing Market

Data snapshot: October 12, 2026. Closed-sale window: last 6 months.
Desert Hot Springs, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 100100PendingPending sales: 1010
Desert Hot Springs, CA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $389k$389kSoldMedian sold price (last 6 months): $379k$379k
What homes actually sell for in Desert Hot Springs, CA
Distribution of 296 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $310k to $435k
$81k to $137k: 12 sales$81k$137k to $192k: 6 sales$192k to $248k: 19 sales$192k$248k to $303k: 21 sales$303k to $359k: 53 sales$303k$359k to $414k: 77 sales77sales$414k to $470k: 47 sales$414k$470k to $525k: 31 salesMedian $379k

What the numbers say

As of October 12, 2026, Resideline is tracking 100 active listings and 10 pending sales in ZIP code 92240. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $389,000, while the median of the 296 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 74 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 296 closed sales tracked by Resideline. The middle half of those sales ranged from $309,500 to $435,400.

Is 92240 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 100 active listings in 92240, a pending-to-active ratio of 0.10. 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

Full Desert Hot Springs, CA housing market report →

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