Zip 92264 (Palm Springs, CA) Housing

The housing market in 92264 Palm Springs, CA is quite strong. It has a median value of $585,200 which is significantly higher than the US House median value of $338,100. The one year house appreciation rate for the US was 8.27%, but in 92264 Palm Springs, CA it was 14.80%. This means that housing values have risen faster than in the US overall and is an attractive market for potential buyers and investors.

The median home cost in Palm Springs (zip 92264) is $585,200. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Palm Springs (zip 92264) is up 21.9%.

Average Age of Homes

- The median age of Palm Springs (zip 92264) real estate is 43 years old

The Rental Market in Palm Springs (zip 92264)

- Renters make up 23.0% of the Palm Springs (zip 92264) population
- 1.6% of houses and apartments in Palm Springs (zip 92264), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Palm Springs, California	United States
	17,300.0	139,647,020.0
	46	42
	$585,200	$338,100
	21.9%	16.6%
	83.1%	57.0%
	191.0%	101.1%
	$9.25	$10.98
	$3,576	$2,690
	42.7%	57.4%
	36.4%	11.2%
	20.9%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.7%	0.4%
	29.1%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	2.3%	2.4%
	2.7%	2.8%
	3.8%	3.9%
	2.9%	4.5%
	4.4%	11.3%
	5.4%	13.0%
	13.1%	20.1%
	15.9%	13.6%
	9.3%	8.3%
	15.3%	9.7%
	9.6%	3.9%
	7.2%	2.2%
	3.6%	0.8%
	2.8%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.0%	13.6%
	6.0%	13.6%
	4.5%	13.6%
	22.3%	13.2%
	31.8%	14.8%
	4.5%	13.6%
	10.5%	10.0%
	2.8%	4.7%
	2.8%	12.2%

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