Thousand Palms, CA Housing Market
Median List Price
$350,000
Updated August 2026
Today, Thousand Palms has 14 homes for sale at a median list price of $350,000, typically selling in about 33 days.
Thousand Palms Market Analysis
The median list price in Thousand Palms, CA is $350,000. Current inventory stands at 14 active listings. 2 new listings came on the market in the last 30 days.
Expect a median around $219,000 for two bedroom homes and $549,500 at the four bedroom end. Single family homes lead the mix at 78.6%, with manufactured homes accounting for another 21.4%. February to July saw the median price go from $1.2M to $399,000, down about 67.4%. On a per square foot basis, the median runs $259.
Homes here typically go under contract in about 35 days. Addresses here carry the 92276 ZIP code.
Thousand Palms Rental Market
The median asking rent in Thousand Palms, CA is $2,250. Current inventory stands at 5 active rental listings. February to May saw the median rent go from $1,900 to $2,900, up about 52.6%.
Thousand Palms Market Pulse
Topfind Market Read
The picture is mixed here. The typical home sells in about 33 days, yet 7.0 months of supply is more than current demand absorbs, and 36% 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
$350K
↓ 23% 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 Supply14 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 ~33 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. That said, the pace has eased 8% 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 57% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Thousand Palms
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
79%
Homeowners
21%
Renters
Homeownership is 23.5 points higher than the California average (55.5%)
2,700 households (2023)
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $424K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$780K)
Price Reductions
5 listings have reduced their price
36% of active listings
Average reduction: 4.6% (~$16K)
Browse Thousand Palms Listings
Frequently Asked Questions about the Thousand Palms, CA Housing Market
What is the median home price in Thousand Palms, CA?
The median list price in Thousand Palms is $350,000 as of August 2026, based on 14 active listings.
Is Thousand Palms a buyer's market or a seller's market?
Thousand Palms currently reads as a balanced market. Active inventory works out to about 7.0 months of supply at the recent sales pace.
How fast do homes sell in Thousand Palms?
Homes that closed in the last 90 days typically went under contract in about 35 days. The average home currently for sale has been on the market for 33 days.
Are home prices in Thousand Palms going up or down?
The median sale price in Thousand Palms is down about 22.8% compared with a year ago.
How many homes are for sale in Thousand Palms, CA?
There are 14 homes for sale in Thousand Palms right now.
What is the median rent in Thousand Palms?
The median asking rent in Thousand Palms is $2,250 per month, across 5 active rental listings.