92262 Home Values & Market Trends

There are 290 homes currently listed for 92262. 92262 real estate market trends show that home prices range from $1,300 to $10,800,000, and the median sales price in the 92262 zip code is $740,741.32. The total number of properties sold within the past twelve months is 980. In 92262, 50 properties are in foreclosure, 5 are bank owned properties,and 10 are headed for auction.

Housing Market Summary for 92262

Mar 2023February 2024Change
Median Listing Price$799K$763.5K-4.45%
Median Sold Price$740.6K$763.5K3.08%
Homes For Sale20929139.23%
Homes Sold655613-6.41%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 92262

The median list price of a home in Palm Springs, is $740,741.32. A total of 290 properties are for sale, and the percentage of properties for sale in the zip code is 290.00%. The total count of 92262 properties is 15,689.

Foreclosure
There is 1 cities within 92262; within this cities, the median estimated home value for homes in foreclosure ranges from $2,499,000 in palm springs to the lowest value of $189,900 in palm springs. Foreclosure homes account for 0.00% of properties in 92262 with palm springs containing 79 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.22% of all residential properties in 92262 with palm springs containing 58 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92262; of that cities, the estimated home value for pre-foreclosure homes ranges from $2,499,000 in palm springs to the lowest home value of $189,900 in palm springs.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 92262 ranges from the highest value of $1,990,250 in palm springs to the lowest value of $264,200 in palm springs. Bank owned homes and properties account for 0.03% of properties in 92262. There is 1 cities within 92262; palm springs containing 7 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    palm springs has 14 auction properties, the highest number of properties going to auction in a single city in the state of 92262. Auction homes and other auction properties account for 0.06% of all properties in 92262. There is 1 cities within 92262; of that cities, the median estimated home value for homes going to auction ranges from $1,925,750 in palm springs to the lowest value of $286,250 in palm springs.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.85% of residential properties in 92262 with palm springs containing 524 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 92262; homes for sale in that cities, have a range of median values from $10,800,000 in palm springs to the lowest value of $179,999 in palm springs.
    Sold Homes
    The median value for recently sold homes ranges from $7,002,100 in palm springs to the lowest price of $71,099 in palm springs. There is 1 cities within 92262. palm springs has 1086 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.79% of properties in 92262.

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      Guide for 92262

      RealtyTrac Market Report
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      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
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      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
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      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
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      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      See More Articles
      RealtyTrac Market Report
      California’s Real Estate Market Climbs in Value through October 2023: A Comprehensive Year in Review
      California|posted 8 December 2023

      In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Anaheim Property Trends: Slow but Steady Uptick in Home Values – Mar 2024
      California|posted 6 March 2024

      Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.