Market Intelligence · CA / Palm Springs

Palm Springs, CA 92262 Housing Market

The typical home value in Palm Springs, CA 92262 is $630,293, down 1.4% over the past year as of September 2026. The median list price is $722,225, and homes spend a median of 81 days on market. That points to a cooler, slower market than the list prices suggest.

Updated September 2026Median value$630K

The median home value in Palm Springs, CA 92262 is $630K as of September 2026, down 1.4% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Human help

Licensed pros in 92262.

Primary seat

Debbie Toohey

Lic #01260508 CA

Debbie Toohey is a Greater Palm Springs real estate agent and co-founder of SolCal Properties®, a boutique luxury team in Palm Springs, CA. With 20+ years of experience and $750M+ in career sales, she represents sellers and buyers in Palm Springs, Palm Desert, Rancho Mirage, La Quinta and Indian Wells. Debbie works with relocation, second-home and luxury clients, and her team offers clear communication and full support from listing through closing. Learn more at solcalproperties.com.

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Typical 92262 range

$580K to $681K

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

-1.4% over 12 months

Sep 2025$639K

Low $630KHigh $640K

Sep 2026$630K

The numbers

What is the 92262 housing market like?

As of September 2026

Typical home value

$630K

1.4%YoY

Median list price

$722K

3.7%MoM

Days on market

4.7%MoM

Homes for sale

366

4.4%MoM

Price cuts

17.2%

28.0%MoM

New listings

108

22.7%MoM

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

The outlook

92262 housing market forecast 2027

0.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92262 to stay roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in 92262 fell 1.4%, per the Zillow Home Value Index.

Will home prices drop in 92262?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 92262 to stay roughly flat by September 2027 (no change), after a 1.4% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 92262 home prices compare?

92262$630,293
Palm Springs$608,170
California$692,765
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Palm Springs: 2 ZIPs; California: 1,543 ZIPs; United States: 26,262 ZIPs).

Context

There were 366 homes for sale in September 2026, with 108 new listings coming on that month. The typical home value is $630,293, down 1.4% over the past year, while the median list price sits higher at $722,225. Homes are taking a median of 81 days to sell, and 17.2% of listings have taken a price cut. Values are drifting down rather than falling sharply, but buyers clearly have room to push. If you are selling, expect negotiation and a longer timeline, and price close to what similar homes are actually fetching.

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Down payment20% · $126,059

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Common questions

What people ask us.

How much is a home in 92262 worth?

The typical home value in 92262 is $630,293, down 1.4% over the past year as of September 2026. The median list price is $722,225, so asking prices often run above typical values.

How fast are homes selling in 92262?

Homes in 92262 spend a median of 81 days on market as of September 2026. That is a slow pace, so sellers should not count on a quick offer.

Are sellers cutting prices in 92262?

Yes. As of September 2026, 17.2% of listings in 92262 had a price cut, with 366 homes for sale and 108 new listings that month.

Discover

Nearby ZIP markets.

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