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Palm Springs, CA 92262 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Palm Springs, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.18
ActiveActive listings: 3333PendingPending sales: 3939
Palm 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): $750k$750kSoldMedian sold price (last 6 months): $605k$605k
What homes actually sell for in Palm Springs, CA
Distribution of 578 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $1M
$170k to $436k: 153 sales153sales$170k$436k to $701k: 153 sales$701k to $967k: 83 sales$701k$967k to $1.23M: 61 sales$1.23M to $1.5M: 42 sales$1.23M$1.5M to $1.76M: 12 sales$1.76M to $2.03M: 12 sales$1.76M$2.03M to $2.3M: 7 salesMedian $605k

What the numbers say

As of August 26, 2026, Resideline is tracking 33 active listings and 39 pending sales in ZIP code 92262. That pending-to-active ratio of 1.18 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $750,000, while the median of the 578 closed sales Resideline tracked over the last six months was $605,000. 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. The median active listing in 92262 has been on the market for 2 days.

Frequently asked questions

What is the median home price in 92262?

The median closed sale price in Palm Springs, CA 92262 was $605,000 over the last six months, based on 578 closed sales tracked by Resideline. The middle half of those sales ranged from $350,000 to $1,005,000.

Is 92262 a buyer's or seller's market?

Resideline is currently tracking 39 pending sales against 33 active listings in 92262, a pending-to-active ratio of 1.18. 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, 92262 currently looks like a seller's market.

Nearby ZIP code market data

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