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Market Intelligence · CA / Palm Springs

Palm Springs, CA 92264 Housing Market

The typical home value in Palm Springs, CA 92264 is $586,047, up 0.8% over the past year as of September 2026. Homes are listed at a median of $564,500 and spend a median of 63 days on market.

Updated September 2026Median value$586K

The median home value in Palm Springs, CA 92264 is $586K as of September 2026, up 0.8% 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.

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Typical 92264 range

$539K to $633K

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

+0.8% over 12 months

Typical home value in 92264 over the last 12 months: $581K in Sep 2025 to $586K in Sep 2026 (+0.8%).

Sep 2025$581K

Sep 2026$586K

The numbers

What is the 92264 housing market like?

Typical home value

$586K

Up0.8%YoY

Median list price

$565K

Down2.6%MoM

Days on market

63

Down19.2%MoM

Homes for sale

232

Up1.8%MoM

Price cuts

15.8%

Up5.0%MoM

New listings

90

Up32.4%MoM

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

The outlook

92264 housing market forecast 2027

-0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 92264 to stay roughly flat by September 2027 (down 0.2%).

Over the 12 months through September 2026, typical home values in 92264 rose 0.8%, per the Zillow Home Value Index.

Will home prices drop in 92264?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 92264 to stay roughly flat by September 2027 (down 0.2%), after a 0.8% rise 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 92264 home prices compare?

  • 92264$586,047
  • 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

Palm Springs, CA 92264 had 232 homes for sale as of September 2026, with 90 new listings added that month. The median list price sits at $564,500, a bit below the typical home value of $586,047. Homes take a median of 63 days to sell, so this is not a fast market. About 15.8% of listings have taken a price cut. Values are up 0.8% over the past year, which is nearly flat. For a seller, the honest read is that pricing right from the start matters more than aiming high and cutting later.

Monthly payment

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20% · $117,209

Common questions

What people ask us.

How much is a home in 92264 worth?

The typical home value in 92264 is $586,047 as of September 2026, up 0.8% over the past year.

How long does it take to sell a home in 92264?

Homes in 92264 spend a median of 63 days on market as of September 2026.

How much competition is there among sellers in 92264?

There were 232 homes for sale and 90 new listings in 92264 as of September 2026, and 15.8% of listings had a price cut.

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