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Preforeclosure Homes in Palm Springs, CA

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Palm Springs, CA Foreclosures

How much do homes sell for in Palm Springs, CA?
The average home price is currently $868,463.
In Palm Springs, CA, how many homes are available?
There are currently 62 active home listings available in Palm Springs.
What’s the average rental cost in Palm Springs, CA?
The average rental price in Palm Springs is $2,119.
What is the most expensive home in Palm Springs?
The most expensive home sold in Palm Springs had a price of $54,977,528.
What is currently the cheapest priced home in Palm Springs, CA?
The cheapest home for sale in Palm Springs is priced at $12,974.

Living in Palm Springs, CA

Palm Springs is a popular desert resort city known for its hot springs, stylish hotels, and mid-century modern architecture. The city offers a vibrant lifestyle with abundant cultural and recreational activities, making it a prime location for both vacation homes and year-round living. The beautiful scenery and warm climate attract a diverse community of residents and visitors alike.

Current Market Conditions in Palm Springs, CA

The Palm Springs real estate market has been experiencing growth, driven by an influx of new residents seeking a laid-back desert lifestyle. Property values continue to rise as demand outpaces supply, marking it as a desirable location for both investors and homebuyers.

There is a strong trend towards purchasing second homes in the area, as many buyers seek a retreat from urban dwelling. The rental market is also thriving, with short-term rentals becoming a popular option due to the city's status as a vacation destination.

Home Value Estimator For Palm Springs, CA

There are currently 31,927 real estate properties in Palm Springs, CA, with a median automated valuation model (AVM) price of $609,327.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palm Springs, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palm Springs, CA, is $868,463.00, with the most expensive house in Palm Springs, CA, topping out at $54,977,528.00 and the cheapest home in Palm Springs, CA, clocking in at $12,974.00. In other words, there’s something for every potential homebuyer or savvy investor in Palm Springs, CA!

Rent Prices In Palm Springs, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palm Springs, CA, is on a rollercoaster ride. The average rent price in Palm Springs, CA, is $2,119.00. Indeed, when looking to rent in Palm Springs, CA, you can expect to pay as little as $660.00 or as much as $4,400.00, with the average rent median estimated to be $2,050.00. The good news is that finding an affordable and desirable property to rent in Palm Springs, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Palm Springs, CA Preforeclosure Homes


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