From July through September of 2020, there were 30 homes sold, with a median sale price of $282,500 - a 3.7% increase over the $272,500 median sale price for the same period of the previous year. There were 24 homes sold in Coachella in the third quarter of 2019.
The median sales tax in Coachella for the most recent year with available data, 2016, was $3,148, approximately 1.1% of the median home sale price for the third quarter of 2020.
The following table compares Coachella to other Riverside County cities with similar median sales prices in the third quarter of 2020:
| City | July - Sept. 2020 Home Sales | July - Sept. 2019 Home Sales | % change (Total Home Sales) | July - Sept. 2020 Median Sales Price | July - Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Cherry Valley | 15 | 9 | 66.7% | $350,000 | $295,000 | 18.6% |
| San Jacinto | 131 | 127 | 3.1% | $335,000 | $298,000 | 12.4% |
| Idyllwild-Pine Cove | 96 | 14 | 585.7% | $332,500 | $267,500 | 24.3% |
| Lakeland Village | 16 | 11 | 45.5% | $305,000 | $277,000 | 10.1% |
| Hemet | 382 | 274 | 39.4% | $305,000 | $275,500 | 10.7% |
| Coachella | 30 | 24 | 25% | $282,500 | $272,500 | 3.7% |
| Banning | 75 | 62 | 21% | $267,000 | $275,500 | -3.1% |
| Thousand Palms | 14 | 6 | 133.3% | $264,500 | $275,500 | -4% |
| Desert Hot Springs | 138 | 88 | 56.8% | $250,000 | $232,500 | 7.5% |
| White Water | 4 | 0 | - | $242,500 | $0 | - |
| Cabazon | 9 | 4 | 125% | $230,000 | $168,000 | 36.9% |
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