Current Price

$558,624

1 Month Forecast

â–¼ $558,246

1-Year Forecast *

â–² $605,542

5-Year Forecast *

â–² $624,588

"Is it a good time to buy homes in Palm Desert?" "Does investing in real estate in Palm Desert (California State, Riverside County) worth it?" According to our live Forecast System, buying a house in Palm Desert is a acceptable short-term (1-year) investment*. The Palm Desert average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Palm Desert" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Palm Desert in California State, Riverside County. If you are looking for homes for sale with good flipping profit, Palm Desert can be a profitable property investment option. The median price of an average house in Palm Desert was 558,624 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Palm Desert" area is 624,588 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +11.81% meaning that investing 100000 USD today may yield a profit of 11,808 USD by 2031.

Current Median Listing Price: 558,624 USD Median Listing Price Per Square Foot: 310 USD

Palm Desert Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Palm Desert (California State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Palm Desert Price Target

Palm Desert median home price target in 12 months: $605,542* (upside of 8.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $564,665 $554,134 $554,134 $564,665
2024 $565,124 $558,624 $558,624 $565,124
2023 $573,773 $566,597 $563,161 $573,773
2022 $516,963 $578,981 $516,963 $597,687
2021 $403,997 $506,731 $403,997 $506,731
2020 $370,488 $397,588 $368,084 $397,588
2019 $355,694 $369,429 $355,694 $369,429
2018 $338,541 $355,228 $338,541 $355,228
2017 $312,510 $336,591 $312,510 $336,591
2016 $328,311 $311,910 $311,910 $328,423
2015 $320,820 $328,058 $320,820 $328,078
2014 $305,665 $319,312 $305,665 $319,312
2013 $268,436 $303,059 $268,436 $303,059
2012 $255,923 $265,459 $255,755 $265,459

Questions & Answers about the Palm Desert Housing Market Forecast

How much does an average home cost in Palm Desert today?

The value of an average home (the listing price) in Palm Desert is $558,624 USD.

What is the average price per square foot in Palm Desert?

According to Walletinvestor the median price per square foot in Palm Desert is 310 USD.

Will the median listing price of homes in Palm Desert grow / rise / go up?

Yes. The Palm Desert home prices may rise from 558,624 USD to 605,542 USD in one year.

Is it profitable to invest in Palm Desert homes?

Yes. The long-term profit potential is +8.40% in one year.

Will Palm Desert house prices fall / drop?

No. See above.

What is the predicted price of a Palm Desert home in 2030?

The predicted home sales price of a Palm Desert home in 2030 in Palm Desert is 597,695 USD.

What is the predicted price of a Palm Desert home in 2035?

The predicted home sales price of a Palm Desert home in 2035 in Palm Desert is 644,234 USD.

Will real estate prices decrease in Palm Desert?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Palm Desert is the 1073. largest city in the United States, located in California State.

During the last 12 months the real estate prices in Riverside, Palm Desert decreased, looking at the past 12 months.

According to Walletinvestor's Palm Desert real estate market research, home values will increase in the next 12 months.

Median home values decreased by 0.742% to 558,624 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 8.409% in 2021
  • 9.429% in 2022
  • 6.959% in 2023
  • 8.169% in 2024
  • 7.339% in 2025
  • 9.969% in 2026

Based on our Palm Desert real estate market research and report the predicted sales prices will increase by 123.999% in the next 10 years.

Over the last 12 months, the value of homes in Palm Desert fluctuated: decreasing 4 times.

Palm Desert (California) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Palm Desert Housing Market Forecast with Real Estate Prices for 2025
August 2025 558246 523077 593416
September 2025 562389 530895 593882
October 2025 566562 520104 613020
November 2025 570766 536520 605012
December 2025 575001 522101 627901
Palm Desert Housing Market Forecast with Real Estate Prices for 2026
January 2026 579268 527134 631402
February 2026 583567 533963 633170
March 2026 587897 554975 620819
April 2026 592259 547840 636679
May 2026 596654 544745 648563
June 2026 601082 554197 647966
July 2026 605542 548621 662463
August 2026 610036 564283 655788
September 2026 614562 573387 655738
October 2026 619123 563402 674844
November 2026 623717 592531 654903
December 2026 623661 574392 672930
Palm Desert Housing Market Forecast with Real Estate Prices for 2027
January 2027 620456 560893 680020
February 2027 617268 567887 666650
March 2027 614096 569881 658311
April 2027 610941 570008 651874
May 2027 607802 577412 638192
June 2027 604679 562956 646401
July 2027 601572 549836 653307
August 2027 600092 543683 656500
September 2027 600797 561144 640449
October 2027 602094 566571 637618
November 2027 603354 568359 638348
December 2027 604182 547389 660975
Palm Desert Housing Market Forecast with Real Estate Prices for 2028
January 2028 604815 567921 641709
February 2028 605117 563364 646870
March 2028 604816 550988 658645
April 2028 603753 552434 655072
May 2028 602183 570870 633497
June 2028 600836 548564 653109
July 2028 600577 559737 641416
August 2028 600397 545160 655633
September 2028 600589 547136 654041
October 2028 599445 564077 634812
November 2028 598737 546048 651426
December 2028 597824 555379 640270
Palm Desert Housing Market Forecast with Real Estate Prices for 2029
January 2029 597468 548475 646460
February 2029 596730 538251 655210
March 2029 595877 562508 629247
April 2029 595257 561923 628591
May 2029 599674 549302 650047
June 2029 599112 558372 639852
July 2029 597695 545696 649695
August 2029 596307 549199 643415
September 2029 594360 548000 640720
October 2029 591759 537317 646201
November 2029 588718 552218 625219
December 2029 593087 557502 628672
Palm Desert Housing Market Forecast with Real Estate Prices for 2030
January 2030 597488 545507 649469
February 2030 601922 556176 647668
March 2030 606388 548175 664601
April 2030 610888 563850 657926
May 2030 615421 577265 653577
June 2030 619988 577209 662767
July 2030 624588 562754 686423
August 2030 629223 580773 677673
September 2030 633892 595859 671926
October 2030 638596 578568 698624
November 2030 643335 610525 676145
December 2030 648109 607278 688940
Palm Desert Housing Market Forecast with Real Estate Prices for 2031
January 2031 652918 592850 712986
February 2031 657763 603826 711700
March 2031 662644 628186 697101
April 2031 662584 611565 713603
May 2031 659180 620288 698071
June 2031 655793 606608 704977
July 2031 652423 592400 712446
August 2031 649071 595198 702944
September 2031 645735 610866 680605
October 2031 642417 590382 694453
November 2031 639116 580957 697276
December 2031 637544 579528 695561
Palm Desert Housing Market Forecast with Real Estate Prices for 2032
January 2032 638293 587868 688718
February 2032 639672 578264 701081
March 2032 641010 591011 691009
April 2032 641890 609796 673985
May 2032 642563 605294 679831
June 2032 642883 596595 689171
July 2032 642564 580878 704250

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.