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Today: September 22, 2025

Current Price

$638,732

1 Month Forecast

$635,704

1-Year Forecast *

$695,668

5-Year Forecast *

$712,185

"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 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Palm Springs" area is 712,185 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +11.50% meaning that investing 100000 USD today may yield a profit of 11,500 USD by 2030.

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: 2025-2031

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: $695,668* (upside of 8.9%)

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 $207,529 $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 695,668 USD in one year.

Is it profitable to invest in Palm Springs homes?

Yes. The long-term profit potential is +8.91% 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 712,185 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 804,433 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 0.770% to 638,732 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 7.484% in 2020
  • 9.194% in 2021
  • 9.794% in 2022
  • 9.394% in 2023
  • 7.014% in 2024
  • 9.974% in 2025

Based on our Palm Springs real estate market research and report the predicted sales prices will increase by 134.873% in the next 10 years.

Over the last 12 months, the value of homes in Palm Springs fluctuated: increasing 1 times and decreasing 9 times.

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

Below you will find the price predictions for 2025, 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 635704 575948 695460
September 2025 640935 580687 701182
October 2025 646208 613252 679165
November 2025 651525 605919 697132
December 2025 656886 618130 695643
Palm Springs Housing Market Forecast with Real Estate Prices for 2026
January 2026 662291 605334 719248
February 2026 667741 606976 728505
March 2026 673235 617356 729113
April 2026 678774 626509 731040
May 2026 684359 617977 750742
June 2026 689990 645831 734150
July 2026 695668 646971 744364
August 2026 701392 631253 771531
September 2026 707163 659783 754543
October 2026 712982 657369 768594
November 2026 718848 662778 774918
December 2026 724763 676928 772597
Palm Springs Housing Market Forecast with Real Estate Prices for 2027
January 2027 730726 679575 781877
February 2027 736739 674116 799362
March 2027 742801 671492 814110
April 2027 748913 709969 787856
May 2027 754886 712612 797159
June 2027 753187 677868 828506
July 2027 749160 688478 809842
August 2027 745156 704172 786139
September 2027 741497 699232 783762
October 2027 737668 700047 775290
November 2027 733725 693370 774080
December 2027 729803 668499 791106
Palm Springs Housing Market Forecast with Real Estate Prices for 2028
January 2028 725901 677992 773811
February 2028 722021 678699 765342
March 2028 719866 678834 760898
April 2028 720639 668033 773246
May 2028 722332 664545 780118
June 2028 726374 671896 780852
July 2028 731170 661709 800632
August 2028 734201 660781 807621
September 2028 735270 692625 777916
October 2028 733954 667898 800010
November 2028 732626 677679 787573
December 2028 730062 680418 779706
Palm Springs Housing Market Forecast with Real Estate Prices for 2029
January 2029 728294 666389 790199
February 2029 726752 682421 771084
March 2029 726220 676110 776329
April 2029 723892 680459 767326
May 2029 722545 671245 773846
June 2029 721170 664918 777421
July 2029 721444 677436 765452
August 2029 720558 654266 786849
September 2029 718831 664918 772743
October 2029 715886 645014 786759
November 2029 721777 651764 791789
December 2029 717918 678433 757404
Palm Springs Housing Market Forecast with Real Estate Prices for 2030
January 2030 714080 651241 776919
February 2030 710430 649333 771527
March 2030 707571 650258 764884
April 2030 704374 636050 772698
May 2030 700609 636853 764364
June 2030 706373 671055 741692
July 2030 712185 663757 760614
August 2030 718045 666346 769745
September 2030 723954 687756 760151
October 2030 729910 675167 784654
November 2030 735916 699120 772712
December 2030 741971 674452 809491
Palm Springs Housing Market Forecast with Real Estate Prices for 2031
January 2031 748076 683742 812411
February 2031 754232 687105 821358
March 2031 760438 697321 823554
April 2031 766695 695392 837997
May 2031 773003 695703 850303
June 2031 779363 703765 854962
July 2031 785776 712699 858853
August 2031 792242 752630 831854
September 2031 798760 725274 872246
October 2031 805333 736879 873786
November 2031 811959 747002 876916
December 2031 818640 749055 888224
Palm Springs Housing Market Forecast with Real Estate Prices for 2032
January 2032 825376 774202 876549
February 2032 832167 790559 873775
March 2032 838804 780088 897520
April 2032 836917 790886 882947
May 2032 832442 784161 880724
June 2032 827992 770861 885124
July 2032 823927 764604 883250
August 2032 819673 745083 894263
September 2032 815291 746807 883776
October 2032 810933 749302 872564
November 2032 806598 738843 874352
December 2032 802286 758160 846411
Palm Springs Housing Market Forecast with Real Estate Prices for 2033
January 2033 799892 738300 861483
February 2033 800751 734288 867213
March 2033 802631 741631 863631
April 2033 807123 744167 870078
May 2033 812452 762893 862012
June 2033 815820 770134 861506
July 2033 817008 761452 872565

> 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.