1 / 20
Price cut: $200,000 (8/14)
VIRTUAL TOUR
$224,900FOR SALE
1 beds · 1 baths · 760 sqft
Bennion Deville Homes
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181 homes in 92203
Homes for Sale in 92203
Palm Desert, CA
78650 Avenue 42 1505, Bermuda Dunes, CA 92203
1 / 42
NEW 22 HRS AGO
3D TOUR
$360,000FOR SALE
2 beds · 2 baths · 1,257 sqft
KW Coachella Valley
1 / 20
OPEN SATURDAY, 7PM - 10PM
VIDEO TOUR
$500,000FOR SALE
2 beds · 2 baths · 1,660 sqft
Equity Union
1 / 20
VIRTUAL TOUR
$499,000FOR SALE
2 beds · 2 baths · 1,854 sqft
Richard Martin Realty
1 / 32
Price cut: $79,100 (4/1)
$349,900FOR SALE
2 beds · 2 baths · 1,672 sqft
Sunset Realty
1 / 83
Price cut: $540,001 (4/4)
$2,449,999FOR SALE
4 beds · 7 baths · 6,856 sqft
Desert Elite Properties, Inc.
1 / 20
Price cut: $49,100 (7/21)
3D TOUR
$699,900FOR SALE
3 beds · 3 baths · 2,519 sqft
The Agency
1 / 3
Price cut: $160,000 (8/6)
$1,000,000FOR SALE
6 beds · 5 baths · 4,875 sqft
Lawyers Realty Group
1 / 9
Price cut: $100,000 (6/4)
$659,000FOR SALE
5 beds · 3 baths · 2,338 sqft
USA Realty and Loans
1 / 50
NEW 3 DAYS AGO
3D TOUR
$999,999FOR SALE
3 beds · 3 baths · 2,166 sqft
eXp Realty Of Southern California Inc
1 / 20
VIRTUAL TOUR
$399,900FOR SALE
2 beds · 2 baths · 1,463 sqft
MAINSTREET REALTORS
1 / 20
VIRTUAL TOUR
$575,000FOR SALE
2 beds · 3 baths · 2,411 sqft
Finest City Homes
1 / 20
3D TOUR
$450,000FOR SALE
2 beds · 2 baths · 1,321 sqft
BPO Homes
1 / 30
VIRTUAL TOUR
$525,000FOR SALE
3 beds · 2 baths · 1,886 sqft
Bennion Deville Homes
1 / 20
Price cut: $34,900 (8/27)
$470,000FOR SALE
2 beds · 2 baths · 2,147 sqft
New Venture Realty
1 / 14
Price cut: $63,000 (3/23)
$419,990FOR SALE
2 beds · 2 baths · 1,444 sqft
Pulte Homes of California, Inc
About 92203 Real Estate
About Palm Desert: The 92203 ZIP code is in Palm Desert, CA. Palm Desert is a city in the Coachella Valley region of Riverside County, California. The city is located in the Colorado Desert arm of the Sonoran Desert, about 14 miles (23 km) east of Palm Springs, 121 miles (195 km) northeast of San Diego and 122 miles (196 km) east of Los Angeles. The population was 51,163 at the 2020 census, and the city has been one of the state's fastest-growing since 1980, when its population was 11,801.
Today, the 92203 area has 181 homes for sale with a median listing price of $615K. The average price per square foot is $304.
92203 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. 6.6 months of supply is more than current demand absorbs, and 34% of sellers have trimmed their asking price. At the same time, sales volume is up 21% 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.
Buyer leverageBalancedSeller leverage
Median Home Price
$617K
↓ 2% over the past yearChart shows the median closed sale price by month
$595.4K$553.6K$513K$472.5K
Sep 25
Dec 25
Mar 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
6.6 months of supply
Ample Supply178 active listings, plenty of options to choose from.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
6.6
0369+
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 ~49 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
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 slowdown has deepened 22% versus six months ago.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
New
Active
Aging
Stale
About 51% of current listings are under 30 days old, while the rest have been up longer.
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 92203 Area
Homeownership is higher than average, and most households in this area own rather than rent.
HomeownersRenters
64%
Homeowners
36%
Renters
Homeownership is 8.5 points higher than the California average (55.5%)
Higher ownership rates often reflect more stable neighborhoods and longer-term residents.
24,145 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
1 Bed$225K
2 Bed$452K
3 Bed$625K
4 Bed$725K
5 Bed$750K
Each additional bedroom adds about $131K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$227K)
Price Reductions
60
60 listings have reduced their price
34% of active listings
Average reduction: 6.1% (~$37K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near Palm Desert
Frequently Asked Questions about Homes for Sale in 92203, CA
How many homes are for sale in 92203, CA?
There are currently 181 homes for sale in 92203, ranging from $224,900 to $4,499,900. 10 of them hit the market within the last week.
What is the median home price in 92203?
The median list price in 92203 is $615,000. Price per square foot averages $304. Prices are down 2.5% compared to a year ago.
How fast do homes sell in 92203?
Homes in 92203 currently average 50 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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