3 beds · 2 baths · 1,946 sqft
Equity Union
166 homes in 92240
Indio, CA
3 beds · 2 baths · 1,946 sqft
Equity Union
2 beds · 1 baths · 829 sqft
KELLER WILLIAMS COVINA
3 beds · 2 baths · 1,747 sqft
Realty Masters & Associates
1 beds · 1 baths · 788 sqft
Desert Sands Realty
4 beds · 4 baths · 2,670 sqft
Mogul Real Estate
4 beds · 2 baths · 1,650 sqft
Compass
2 beds · 1 baths · 1,040 sqft
First Team Real Estate
2 beds · 1 baths · 1,089 sqft
RE/MAX Select One
12 beds · 8 baths · 5,808 sqft
HOM Realty Group, Inc.
3 beds · 2 baths · 1,100 sqft
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
3 beds · 2 baths · 1,404 sqft
Keller Williams LA Harbor
2 beds · 2 baths · 1,881 sqft
KELLER WILLIAMS REALTY
3 beds · 2 baths · 1,624 sqft
Keller Williams Realty
2 beds · 2 baths · 988 sqft
Four Winds Realty, Inc
2 beds · 2 baths · 1,509 sqft
JASON MITCHELL REAL ESTATE CALIFORNIA, INC.
4 beds · 3 baths · 2,698 sqft
Berkshire Hathaway HomeServices California Properties
About Indio: The 92240 ZIP code is in Indio, CA. Indio is a city in central Riverside County, California, United States, in the Coachella Valley of Southern California's Colorado Desert region. Indio is approximately 125 miles (201 km) east of Los Angeles, 23 miles (37 km) east of Palm Springs, and 98 miles (158 km) west of Blythe, California.
Today, the 92240 area has 166 homes for sale with a median listing price of $445K. The average price per square foot is $256.
Topfind Market Read
Buyers hold the edge right now. 7.0 months of supply is more than current demand absorbs, and sale prices have eased 5% over the last six months and are 6% below a year ago. At the same time, selling times have improved 23% versus six months ago, and sales volume is up 19% versus six months ago, which keeps well-priced homes moving. Buyers have room to negotiate price and terms, while sellers should price sharply and present well to stand out.
Median Home Price
$445K
↓ 6% 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
7.0 months of supply
Ample Supply168 active listings, plenty of options to choose from.
What this means for buyers
There is more inventory than recent sales absorb, so buyers have plenty of options and stronger footing to negotiate price and terms. Listings typically sell in ~52 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 23% 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 52% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92240 Area
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
68%
Homeowners
32%
Renters
Homeownership is 12.5 points higher than the California average (55.5%)
31,027 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $128K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$229K)
Price Reductions
62 listings have reduced their price
37% of active listings
Average reduction: 5.5% (~$25K)
Browse homes for sale in cities near Indio
There are currently 166 homes for sale in 92240, ranging from $65,000 to $1,999,500. 4 of them hit the market within the last week.
The median list price in 92240 is $445,000. Price per square foot averages $256. Prices are down 6.5% compared to a year ago.
Homes in 92240 currently average 54 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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