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Desert Hot Springs, CA 92240 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Desert Hot Springs, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 103103PendingPending sales: 1212
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): $382k$382kSoldMedian sold price (last 6 months): $375k$375k
What homes actually sell for in Desert Hot Springs, CA
Distribution of 278 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $300k to $430k
$75k to $131k: 14 sales$75k$131k to $188k: 6 sales$188k to $244k: 18 sales$188k$244k to $300k: 18 sales$300k to $356k: 50 sales$300k$356k to $412k: 70 sales70sales$412k to $469k: 47 sales$412k$469k to $525k: 28 salesMedian $375k

What the numbers say

As of October 26, 2026, Resideline is tracking 103 active listings and 12 pending sales in ZIP code 92240. That pending-to-active ratio of 0.12 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $382,500, while the median of the 278 closed sales Resideline tracked over the last six months was $375,000. 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 79 days.

Frequently asked questions

What is the median home price in 92240?

The median closed sale price in Desert Hot Springs, CA 92240 was $375,000 over the last six months, based on 278 closed sales tracked by Resideline. The middle half of those sales ranged from $300,000 to $430,000.

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

Resideline is currently tracking 12 pending sales against 103 active listings in 92240, a pending-to-active ratio of 0.12. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 92240 is currently a typical-pace market.

Nearby ZIP code market data

Full Desert Hot Springs, CA housing market report →

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