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Palm Springs, CA 92264 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Palm Springs, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.78
ActiveActive listings: 3737PendingPending sales: 2929
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): $540k$540kSoldMedian sold price (last 6 months): $560k$560k
What homes actually sell for in Palm Springs, CA
Distribution of 621 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $1.08M
$125k to $378k: 148 sales$125k$378k to $631k: 172 sales172sales$631k to $884k: 90 sales$631k$884k to $1.14M: 38 sales$1.14M to $1.39M: 48 sales$1.14M$1.39M to $1.64M: 24 sales$1.64M to $1.9M: 29 sales$1.64M$1.9M to $2.15M: 12 salesMedian $560k

What the numbers say

As of August 3, 2026, Resideline is tracking 37 active listings and 29 pending sales in ZIP code 92264. That pending-to-active ratio of 0.78 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $539,900, while the median of the 621 closed sales Resideline tracked over the last six months was $560,000. 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 92264 has been on the market for 1 days.

Frequently asked questions

What is the median home price in 92264?

The median closed sale price in Palm Springs, CA 92264 was $560,000 over the last six months, based on 621 closed sales tracked by Resideline. The middle half of those sales ranged from $350,000 to $1,075,000.

Is 92264 a buyer's or seller's market?

Resideline is currently tracking 29 pending sales against 37 active listings in 92264, a pending-to-active ratio of 0.78. 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, 92264 currently looks like a seller's market.

Nearby ZIP code market data

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