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Tuesday, November 5, 2024

Median home prices in Indio rose to $387,500 in December 2020

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The median sale price of a home sold in December 2020 in Indio rose by $48,500 while total sales increased by 65.5%, according to BlockShopper.com.

In December 2020, there were 144 homes sold, with a median sale price of $387,500 - a 14.3% increase over the $339,000 median sale price for the same period of the previous year. There were 87 homes sold in Indio in December 2019.

The median sales tax in Indio for the most recent year with available data, 2019, was $3,478, approximately 0.9% of the median home sale price for December 2020.

The following table compares Indio to other Riverside County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Idyllwild-Pine Cove 3914178.6%$400,000$342,00017%
Nuevo 46-33.3%$400,000$471,000-15.1%
Moreno Valley20217912.8%$398,000$350,00013.7%
Homeland 51400%$394,773$240,00064.5%
Lakeland Village67-14.3%$393,750$350,00012.5%
Indio1448765.5%$387,500$339,00014.3%
Beaumont654062.5%$385,000$360,0006.9%
Perris7378-6.4%$385,000$349,50010.2%
Cathedral City805740.4%$381,250$340,00012.1%
Palm Desert27017653.4%$380,000$339,50011.9%
San Jacinto6163-3.2%$342,000$305,00012.1%

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