92264 Housing Market
Median List Price
$559,000
Updated August 2026
Today, the 92264 ZIP code in Palm Springs, CA has 224 homes for sale at a median list price of $559,000, typically selling in about 58 days.
92264 Housing Market Overview
Homes in the 92264 ZIP code carry a median list price of $559,000. Compared with Palm Springs overall, that is a 19.6% discount. The median price moved from $760,000 in February to $730,000 in July, a 3.9% decrease over six months. Right now 224 homes are on the market in the 92264 ZIP code. Five bedroom homes carry the highest medians at $4.2M, with one bedroom homes starting the range at $244,500.
92264 Area Market Pulse
Topfind Market Read
Buyers hold the edge right now. Sale prices have eased 13% over the last six months, though they remain 15% above a year ago, and 42% of sellers have trimmed their asking price. At the same time, sales volume is up 20% 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
$559K
↑ 15% 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
4.9 months of supply
Balanced Supply224 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 ~58 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 slowdown has deepened 20% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 43% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 92264 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%)
24,297 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $996K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$2.3M)
Price Reductions
93 listings have reduced their price
42% of active listings
Average reduction: 6.9% (~$39K)
Browse 92264 Listings
Frequently Asked Questions about the 92264 Housing Market
What is the median home price in the 92264 ZIP code?
The median list price in the 92264 ZIP code is $559,000 as of August 2026, based on 224 active listings.
Is the 92264 ZIP code a buyer's market or a seller's market?
The 92264 ZIP code currently reads as a balanced market. Active inventory works out to about 4.9 months of supply at the recent sales pace.
How fast do homes sell in the 92264 ZIP code?
The average home currently for sale in the 92264 ZIP code has been on the market for 58 days.
Are home prices in the 92264 ZIP code going up or down?
The median sale price in the 92264 ZIP code is up about 15.3% compared with a year ago.
How many homes are for sale in the 92264 ZIP code?
There are 224 homes for sale in the 92264 ZIP code right now, including 16 listed within the last week.