92234 Housing Market
Median List Price
$502,000
Updated August 2026
Today, the 92234 ZIP code in Cathedral City, CA has 164 homes for sale at a median list price of $502,000, typically selling in about 62 days.
92234 Housing Market Overview
The median list price in the 92234 ZIP code is $502,000. Compared with Cathedral City overall, that is a 3.3% discount. Current inventory stands at 164 active listings.
Expect a median around $202,450 for one bedroom homes and $731,551 at the five bedroom end. The median price has been flat over the last six months, $515,000 in February and $515,000 in July.
92234 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 23% versus six months ago, yet the typical home takes about 62 days to sell, and 42% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$502K
↑ 3% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.1 months of supply
Balanced Supply164 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~62 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 13% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 49% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92234 Area
Homeownership is higher than average, and most households in this area own rather than rent.
65%
Homeowners
35%
Renters
Homeownership is 9.5 points higher than the California average (55.5%)
19,157 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $133K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$219K)
Price Reductions
69 listings have reduced their price
42% of active listings
Average reduction: 6.7% (~$34K)
Browse 92234 Listings
Frequently Asked Questions about the 92234 Housing Market
What is the median home price in the 92234 ZIP code?
The median list price in the 92234 ZIP code is $502,000 as of August 2026, based on 164 active listings.
Is the 92234 ZIP code a buyer's market or a seller's market?
The 92234 ZIP code currently reads as a buyer's market. Active inventory works out to about 4.1 months of supply at the recent sales pace.
How fast do homes sell in the 92234 ZIP code?
The average home currently for sale in the 92234 ZIP code has been on the market for 62 days.
Are home prices in the 92234 ZIP code going up or down?
The median sale price in the 92234 ZIP code is up about 2.9% compared with a year ago.
How many homes are for sale in the 92234 ZIP code?
There are 164 homes for sale in the 92234 ZIP code right now, including 13 listed within the last week.