Market Intelligence · CA / Palm Springs

Palm Springs, CA 92262 Housing Market

The typical home value in Palm Springs 92262 is $634,203, down 2.5% over the past year. The median list price stands at $750,000, with homes spending a median of 85 days on the market.

Updated August 2026Median value$625K

The median home value in Palm Springs, CA 92262 is $625K as of August 2026, down 1.9% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 92262 range

$575K to $675K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.9% over 12 months

Typical home value in 92262 over the last 12 months: $636K in Aug 2025 to $625K in Aug 2026 (-1.9%).

Aug 2025$636K

Aug 2026$625K

The numbers

What is the 92262 housing market like?

Typical home value

$625K

Down1.9%YoY

Median list price

$750K

Up0.1%MoM

Days on market

85

Up7.6%MoM

Homes for sale

383

Down2.5%MoM

Price cuts

13.4%

Down24.0%MoM

New listings

88

Up10.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 92262 home prices compare?

  • 92262$624,607
  • Palm Springs$604,269
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Palm Springs: 2 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

Palm Springs 92262 shows signs of a cooling market. There are currently 383 homes for sale, with 88 new listings added recently. The median list price of $750,000 sits notably above the typical home value, and homes are taking 85 days to sell on average. About 13.4% of listings have seen price reductions. For sellers, this suggests a shift toward a buyer's market where pricing strategy and timing matter more than they did a year ago.

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