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April 2021: Indio experienced a 22.5% increase in median home prices

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in April 2021 in Indio rose by $72,000 while total sales increased by 374.1%, according to BlockShopper.com.

In April 2021, there were 128 homes sold, with a median sale price of $392,000 - a 22.5% increase over the $320,000 median sale price for the same period of the previous year. There were 27 homes sold in Indio in April 2020.

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 April 2021.

The following table compares Indio to other Riverside County cities with similar median sale prices in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Moreno Valley16162159.7%$422,500$358,75017.8%
Rubidoux 134225%$415,000$362,50014.5%
Mountain Center 220%$412,500$509,500-19%
Perris7930163.3%$399,500$350,00014.1%
San Jacinto5125104%$395,000$300,00031.7%
Indio12827374.1%$392,000$320,00022.5%
Cathedral City7517341.2%$390,000$340,00014.7%
Lakeland Village80-$386,000$0-
Hemet17670151.4%$356,000$275,25029.3%
Desert Hot Springs6220210%$314,500$241,00030.5%
Banning249166.7%$297,500$253,00017.6%

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