What is a typical home worth in Palm Springs, CA 92264?

The typical home value is $591,840 as of July 2026, representing a 0.4% increase over the past year.

How long do homes typically stay on the market here?

The median days on market is 75, reflecting a moderate sales pace in this ZIP code.

What share of homes are seeing price reductions?

About 15.8% of current listings have had a price cut, suggesting some adjustment in seller pricing strategies.

Market Intelligence · CA / Palm Springs

Palm Springs, CA 92264 Housing Market

The typical home value in Palm Springs, CA 92264 is $591,840, up 0.4% over the past year. The median list price stands at $598,000, with homes spending a median of 75 days on market.

Updated August 2026Median value$592K

The median home value in Palm Springs, CA 92264 is $592K as of August 2026, up 0.4% 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 92264 range

$544K to $639K

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

+0.4% over 12 months

Jul 2025$589K

Low $586KHigh $592K

Jul 2026$592K

The numbers

What is the 92264 housing market like?

As of August 2026

Typical home value

$592K

0.4%YoY

Median list price

$580K

3.1%MoM

Days on market

4.0%MoM

Homes for sale

228

12.3%MoM

Price cuts

15.1%

4.9%MoM

New listings

30.8%MoM

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

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The comparison

How do 92264 home prices compare?

92264$591,840
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

Palm Springs currently has 260 homes for sale, with 52 new listings added as of early July. The median time homes spend on market is 75 days, suggesting a measured sales pace. About 15.8% of listings have seen a price cut, indicating some sellers are adjusting expectations. Despite modest annual appreciation, the market appears balanced rather than competitive, meaning buyers have options and sellers should be realistic about pricing.

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