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From January through December of 2019, there were 28 homes sold, with a median sale price of $274,500 - a 16.4% increase over the $235,750 median sale price for the previous year. There were 60 homes sold in Thousand Palms in 2018.
The median sales tax in Thousand Palms for the most recent year with available data, 2016, was $2,465, approximately 0.9% of the median home sale price for 2019.
The following table compares Thousand Palms to other Riverside County cities with similar median sales prices in 2019:
| City | Jan. - Dec. 2019 Home Sales | Jan. - Dec. 2018 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2019 Median Sales Price | Jan. - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Idyllwild-Pine Cove | 82 | 185 | -55.7% | $310,000 | $310,000 | 0% |
| Colton | 10 | 10 | 0% | $310,000 | $501,000 | -38.1% |
| San Jacinto | 513 | 759 | -32.4% | $295,000 | $280,000 | 5.4% |
| Cherry Valley | 41 | 73 | -43.8% | $295,000 | $294,000 | 0.3% |
| Lakeland Village | 52 | 82 | -36.6% | $279,500 | $290,000 | -3.6% |
| Thousand Palms | 28 | 60 | -53.3% | $274,500 | $235,750 | 16.4% |
| Anza | 30 | 26 | 15.4% | $270,500 | $210,250 | 28.7% |
| Sun City | 4 | 7 | -42.9% | $270,000 | $390,000 | -30.8% |
| Hemet | 1,192 | 1,858 | -35.8% | $266,250 | $265,000 | 0.5% |
| Coachella | 128 | 219 | -41.6% | $257,750 | $247,000 | 4.4% |
| White Water | 10 | 18 | -44.4% | $253,250 | $211,000 | 20% |
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