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Friday, November 1, 2024

Rising home prices in Indio in October 2021

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The median sale price of a home sold in October 2021 in Indio rose by $148,750 while total sales decreased by 67.2%, according to BlockShopper.com.

In October 2021, there were 44 homes sold, with a median sale price of $499,500 - a 42.4% increase over the $350,750 median sale price for the same period of the previous year. There were 134 homes sold in Indio in October 2020.

The median sales tax in Indio for the most recent year with available data, 2019, was $3,478, approximately 0.7% of the median home sale price for October 2021.

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

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Lake Elsinore4895-49.5%$533,750$435,00022.7%
Calimesa28-75%$525,000$384,00036.7%
Palm Springs64176-63.6%$509,000$477,0006.7%
Idyllwild-Pine Cove 838-78.9%$507,500$385,50031.6%
Menifee 88174-49.4%$502,500$399,50025.8%
Indio44134-67.2%$499,500$350,75042.4%
Bermuda Dunes 615-60%$497,500$572,000-13%
Beaumont3262-48.4%$492,500$389,00026.6%
Palm Desert89262-66%$485,000$380,00027.6%
Perris4964-23.4%$480,000$383,25025.2%
Cathedral City3067-55.2%$472,500$375,00026%

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