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Palm Springs median home prices rose by 70% in April 2021

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The median sale price of a home sold in April 2021 in Palm Springs rose by $245,000 while total sales increased by 325%, according to BlockShopper.com.

In April 2021, there were 170 homes sold, with a median sale price of $595,000 - a 70% increase over the $350,000 median sale price for the same period of the previous year. There were 40 homes sold in Palm Springs in April 2020.

The median sales tax in Palm Springs for the most recent year with available data, 2019, was $3,474, approximately 0.6% of the median home sale price for April 2021.

The following table compares Palm Springs 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)
Romoland 13-66.7%$675,000$438,00054.1%
Corona23070228.6%$646,500$513,50025.9%
Mira Loma 8560%$615,000$425,00044.7%
Temecula19839407.7%$611,250$525,00016.4%
La Quinta22234552.9%$600,000$392,00053.1%
Palm Springs17040325%$595,000$350,00070%
Cherry Valley 1111000%$569,000$410,00038.8%
Murrieta20050300%$542,000$439,00023.5%
Canyon Lake226266.7%$537,500$447,50020.1%
Wildomar608650%$520,500$422,50023.2%
Winchester 5318194.4%$520,000$430,00020.9%

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