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Desert Hot Springs, CA 92240 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Desert Hot Springs, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 9797PendingPending sales: 99
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): $395k$395kSoldMedian sold price (last 6 months): $380k$380k
What homes actually sell for in Desert Hot Springs, CA
Distribution of 314 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $310k to $440k
$85k to $140k: 12 sales$85k$140k to $195k: 5 sales$195k to $250k: 21 sales$195k$250k to $305k: 23 sales$305k to $360k: 52 sales$305k$360k to $415k: 83 sales83sales$415k to $470k: 51 sales$415k$470k to $525k: 36 salesMedian $380k

What the numbers say

As of October 5, 2026, Resideline is tracking 97 active listings and 9 pending sales in ZIP code 92240. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $395,000, while the median of the 314 closed sales Resideline tracked over the last six months was $379,900. 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 71 days.

Frequently asked questions

What is the median home price in 92240?

The median closed sale price in Desert Hot Springs, CA 92240 was $379,900 over the last six months, based on 314 closed sales tracked by Resideline. The middle half of those sales ranged from $309,500 to $440,000.

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

Resideline is currently tracking 9 pending sales against 97 active listings in 92240, a pending-to-active ratio of 0.09. 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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