From January through June of 2021, there were 24 homes sold, with a median sale price of $328,750 - a 17.4% increase over the $280,000 median sale price for the same period of the previous year. There were 15 homes sold in Thousand Palms in the first half of 2020.
The median sales tax in Thousand Palms for the most recent year with available data, 2019, was $2,597, approximately 0.8% of the median home sale price for the first half of 2021.
The following table compares Thousand Palms to other Riverside County cities with similar median sale prices in the first half of 2021:
| City | Jan. - June 2021 Home Sales | Jan. - June 2020 Home Sales | % change (Total Home Sales) | Jan. - June 2021 Median Sales Price | Jan. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| San Jacinto | 317 | 216 | 46.8% | $375,000 | $305,000 | 23% |
| Lakeland Village | 35 | 16 | 118.8% | $368,000 | $312,500 | 17.8% |
| Lakeview | 3 | 2 | 50% | $365,000 | $445,000 | -18% |
| Cherry Valley | 34 | 19 | 78.9% | $353,000 | $265,000 | 33.2% |
| Hemet | 933 | 583 | 60% | $343,000 | $283,000 | 21.2% |
| Thousand Palms | 24 | 15 | 60% | $328,750 | $280,000 | 17.4% |
| Coachella | 77 | 75 | 2.7% | $307,000 | $280,000 | 9.6% |
| White Water | 10 | 4 | 150% | $305,000 | $160,000 | 90.6% |
| Anza | 11 | 11 | 0% | $300,000 | $370,500 | -19% |
| Banning | 165 | 91 | 81.3% | $299,000 | $255,000 | 17.3% |
| Desert Hot Springs | 367 | 233 | 57.5% | $297,000 | $242,000 | 22.7% |
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