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 $749,500, with homes spending 79 days on market as of July 2026.

Updated August 2026Median value$634K

The median home value in Palm Springs, CA 92262 is $634K as of August 2026, down 2.5% 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

$583K to $685K

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

-2.5% over 12 months

Typical home value in 92262 over the last 12 months: $650K in Jul 2025 to $634K in Jul 2026 (-2.5%).

Jul 2025$650K

Jul 2026$634K

The numbers

What is the 92262 housing market like?

Typical home value

$634K

Down2.5%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 (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 92262 home prices compare?

  • 92262$634,203
  • Palm Springs$613,022
  • California$702,086
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Palm Springs: 2 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

There are 393 homes currently for sale in the 92262 ZIP, with 80 new listings having entered the market recently. The median time to sale has extended to 79 days, suggesting a slower pace than typical for the area. Price cuts are appearing on 17.7% of listings, a sign that sellers are adjusting expectations. Declining home values paired with extended market time indicate a buyer-favorable climate where negotiation room exists.

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