Current Price

$638,732

1 Month Forecast

â–¼ $635,450

1-Year Forecast *

â–² $692,338

5-Year Forecast *

â–² $703,810

"Is it a good time to buy homes in Palm Springs?" "Does investing in real estate in Palm Springs (California State, Riverside County) worth it?" According to our live Forecast System, buying a house in Palm Springs is a acceptable short-term (1-year) investment*. The Palm Springs 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 Springs" 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 Springs in California State, Riverside County. If you are looking for homes for sale with good flipping profit, Palm Springs can be a profitable property investment option. The median price of an average house in Palm Springs was 638,732 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Palm Springs" area is 703,810 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +10.19% meaning that investing 100000 USD today may yield a profit of 10,189 USD by 2031.

Current Median Listing Price: 638,732 USD Median Listing Price Per Square Foot: 355 USD

Palm Springs 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 Springs (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 Springs Price Target

Palm Springs median home price target in 12 months: $692,338* (upside of 8.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $651,613 $630,516 $630,516 $651,613
2024 $653,667 $638,732 $638,732 $653,667
2023 $663,433 $654,852 $642,283 $663,433
2022 $599,257 $669,045 $599,257 $687,135
2021 $458,326 $587,806 $458,326 $587,806
2020 $403,609 $448,968 $403,609 $448,968
2019 $387,513 $400,764 $387,513 $400,764
2018 $362,507 $385,430 $362,507 $385,430
2017 $305,512 $359,011 $305,512 $359,011
2016 $328,451 $305,099 $305,099 $331,863
2015 $305,981 $325,816 $305,981 $325,816
2014 $273,767 $303,234 $273,767 $303,234
2013 $229,157 $271,214 $229,157 $271,214
2012 $207,316 $225,460 $206,690 $225,460

Questions & Answers about the Palm Springs Housing Market Forecast

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

The value of an average home (the listing price) in Palm Springs is $638,732 USD.

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

According to Walletinvestor the median price per square foot in Palm Springs is 355 USD.

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

Yes. The Palm Springs home prices may rise from 638,732 USD to 692,338 USD in one year.

Is it profitable to invest in Palm Springs homes?

Yes. The long-term profit potential is +8.39% in one year.

Will Palm Springs house prices fall / drop?

No. See above.

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

The predicted home sales price of a Palm Springs home in 2030 in Palm Springs is 674,126 USD.

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

The predicted home sales price of a Palm Springs home in 2035 in Palm Springs is 715,473 USD.

Will real estate prices decrease in Palm Springs?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Palm Springs is the 1294. largest city in the United States, located in California State.

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

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

Median home values decreased by 0.630% to 638,732 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 7.533% in 2021
  • 6.863% in 2022
  • 8.023% in 2023
  • 9.003% in 2024
  • 9.183% in 2025
  • 10.333% in 2026

Based on our Palm Springs real estate market research and report the predicted sales prices will increase by 123.870% in the next 10 years.

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

Palm Springs (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 Springs Housing Market Forecast with Real Estate Prices for 2025
August 2025 635450 590333 680567
September 2025 640422 587908 692937
October 2025 645434 609289 681578
November 2025 650484 608203 692766
December 2025 655574 617551 693598
Palm Springs Housing Market Forecast with Real Estate Prices for 2026
January 2026 660704 609830 711578
February 2026 665874 606611 725137
March 2026 671085 635517 706652
April 2026 676336 631022 721651
May 2026 681628 620964 742293
June 2026 686962 618266 755659
July 2026 692338 636951 747725
August 2026 697755 630771 764740
September 2026 703215 656803 749628
October 2026 708718 671865 745571
November 2026 714264 647837 780690
December 2026 712656 674173 751140
Palm Springs Housing Market Forecast with Real Estate Prices for 2027
January 2027 708681 665452 751911
February 2027 704729 637075 772383
March 2027 701269 636752 765785
April 2027 697648 635557 759738
May 2027 693757 636175 751338
June 2027 689887 632626 747148
July 2027 686039 640074 732004
August 2027 682212 615356 749069
September 2027 680177 631884 728469
October 2027 680907 641415 720400
November 2027 682506 633366 731647
December 2027 686325 629360 743290
Palm Springs Housing Market Forecast with Real Estate Prices for 2028
January 2028 690858 645261 736454
February 2028 693722 627818 759625
March 2028 694732 630816 758647
April 2028 693488 634541 752434
May 2028 692233 657622 726845
June 2028 689811 640144 739477
July 2028 688140 647540 728740
August 2028 686683 622135 751232
September 2028 686180 624424 747936
October 2028 683981 635418 732543
November 2028 682708 617168 748248
December 2028 681408 633028 729788
Palm Springs Housing Market Forecast with Real Estate Prices for 2029
January 2029 681668 640767 722568
February 2029 680830 635214 726446
March 2029 679198 644559 713837
April 2029 676416 610804 742029
May 2029 681709 627854 735564
June 2029 677907 622997 732817
July 2029 674126 614129 734123
August 2029 670680 613002 728359
September 2029 667981 607194 728767
October 2029 664963 631050 698876
November 2029 661263 615636 706890
December 2029 666438 610457 722418
Palm Springs Housing Market Forecast with Real Estate Prices for 2030
January 2030 671652 614562 728743
February 2030 676908 621402 732415
March 2030 682205 617396 747015
April 2030 687543 622227 752860
May 2030 692923 656891 728956
June 2030 698346 660635 736056
July 2030 703810 640467 767153
August 2030 709318 650444 768191
September 2030 714868 665542 764194
October 2030 720462 664266 776658
November 2030 726100 660025 792175
December 2030 731781 668116 795446
Palm Springs Housing Market Forecast with Real Estate Prices for 2031
January 2031 737508 665969 809046
February 2031 743279 689019 797538
March 2031 749095 692913 805277
April 2031 747409 703312 791506
May 2031 743240 703849 782632
June 2031 739095 696227 781962
July 2031 735466 681777 789155
August 2031 731669 686305 777032
September 2031 727588 673019 782157
October 2031 723529 663476 783582
November 2031 719494 669129 769858
December 2031 715481 661104 769857
Palm Springs Housing Market Forecast with Real Estate Prices for 2032
January 2032 713346 674112 752580
February 2032 714112 658411 769812
March 2032 715789 679284 752294
April 2032 719794 656452 783136
May 2032 724547 673105 775990
June 2032 727551 667892 787210
July 2032 728610 677607 779613

> 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.