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Palm Springs, CA 92264 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Palm Springs, CA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 121121PendingPending sales: 1212
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): $499k$499kSoldMedian sold price (last 6 months): $560k$560k
What homes actually sell for in Palm Springs, CA
Distribution of 523 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $928k
$161k to $397k: 132 sales$161k$397k to $633k: 148 sales148sales$633k to $869k: 74 sales$633k$869k to $1.11M: 37 sales$1.11M to $1.34M: 27 sales$1.11M$1.34M to $1.58M: 20 sales$1.58M to $1.81M: 16 sales$1.58M$1.81M to $2.05M: 16 salesMedian $560k

What the numbers say

As of October 5, 2026, Resideline is tracking 121 active listings and 12 pending sales in ZIP code 92264. 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 $499,000, while the median of the 523 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. Resideline has been seeing the median active listing in 92264 for 80 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 523 closed sales tracked by Resideline. The middle half of those sales ranged from $350,000 to $927,517.

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

Resideline is currently tracking 12 pending sales against 121 active listings in 92264, 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, 92264 currently looks like a balanced market.

Nearby ZIP code market data

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