Housing in 92262 Palm Springs, CA is significantly more expensive than the national median value of $338,100, with a median value of $660,800. This is also reflected in the 1 year house appreciation which stands at 14.80%, more than 6% higher than the US 1 year house appreciation of 8.27%. Clearly, this area has seen considerable real estate growth over the past year and is one of the most desirable places to live in California.
The median home cost in Palm Springs (zip 92262) is $660,800. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Palm Springs (zip 92262) is up 21.9%.
Average Age of Homes
- The median age of Palm Springs (zip 92262) real estate is 38 years old
The Rental Market in Palm Springs (zip 92262)
- Renters make up 29.5% of the Palm Springs (zip 92262) population
- 1.5% of houses and apartments in Palm Springs (zip 92262), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.