This Week’s Market Overview
The median list price for Palm Springs, CA 92258 is $450,000, reflecting more accessible entry points in this North Palm Springs area amid broader Coachella Valley dynamics. Inventory currently stands at approximately 45 active homes, creating balanced to slightly buyer-leaning conditions with greater selection and extended evaluation time for purchasers.
Market Action Index
The Market Action Index (MAI) gauges the balance between supply and demand.
- Current MAI: 32 (Balanced to Slight Buyer’s Advantage)
- Last Month’s MAI: 33
The MAI has softened slightly month-over-month, signaling more deliberate buyer activity. Properties that are updated, well-priced, and in convenient locations continue to attract interest amid the current pace.
Market Narrative
The 92258 market shows adjustment entering 2026, with moderation in values and activity. Median sale prices sit near $333,000, down notably year-over-year as buyers remain selective. Homes are averaging between 70 and 100 days on market with increased caution. Move-in-ready homes or those with strong appeal generate consistent showings, while others needing work or in transitional segments see prolonged exposure, frequent price reductions, and enhanced negotiating leverage for buyers.
Real-Time Market Profile
- Median List Price: $450,000
- Median Price of New Listings: $425,000
- Price per Square Foot: $296
- Average Days on Market: 85
- Median Days on Market: 73
- Price Decreased: 30% of listings
- Price Increased: 1% of listings
- Relisted Properties: 18%
- Inventory: 45 properties
- Median Rent: $2,800 / month
Market Segments
Palm Springs 92258 listings are divided into four pricing segments:
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $800,000+ | 2,500+ | 0.25 – 0.5 acre (larger lot) | 4–5+ | 3–5+ | 10–30 yrs | 1 | 0 | 95 |
| $500,000 to $800,000 | 1,800 to 2,500 | 0.15 – 0.3 acre | 3–4 | 2–4 | 20–45 yrs | 3 | 2 | 80 |
| $300,000 to $500,000 | 1,200 to 1,800 | Condo / Small lot / Patio home | 2–3 | 2–3 | 25–50 yrs | 6 | 4 | 70 |
| Under $300,000 | 800 to 1,200 | Condo / Mobile / Townhome | 1–2 | 1–2 | 30–60 yrs | 4 | 3 | 65 |
Conclusion
Palm Springs 92258 continues as a more affordable gateway to the Coachella Valley lifestyle, with growing inventory offering buyers expanded options. While activity has moderated and values reflect caution, demand persists for well-maintained and competitively positioned homes. Sellers who prepare thoroughly and price realistically can achieve positive outcomes in select segments, while buyers benefit from increased choice and stronger negotiating positions overall.
Contact Information
For personalized insights and exclusive opportunities in Palm Springs 92258, reach out to GrayWall Real Estate.
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