92240 Home Values & Market Trends
There are 1,115 homes currently listed for 92240. 92240 real estate market trends show that home prices range from $20,500 to $1,300,000, and the median sales price in the 92240 zip code is $396,373. The total number of properties sold within the past twelve months is 854. In 92240, 46 properties are in foreclosure, 13 are bank owned properties,and 9 are headed for auction.
Housing Market Summary for 92240
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $409K | $419K | 2.44% |
| Median Sold Price | $386.8K | $419.6K | 8.47% |
| Homes For Sale | 551 | 1,102 | 100.00% |
| Homes Sold | 259 | 259 | - |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 92240
Browse Homes in 92240
The median list price of a home in Desert Hot Springs, is $396,373. A total of 1,115 properties are for sale, and the percentage of properties for sale in the zip code is 1115.00%. The total count of 92240 properties is 1,451.
- Pre-ForeclosurePre-foreclosure homes account for 1.65% of all residential properties in 92240 with desert hot springs containing 28 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 92240; of that cities, the estimated home value for pre-foreclosure homes ranges from $689,000 in desert hot springs to the lowest home value of $82,994 in desert hot springs.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 92240 ranges from the highest value of $507,381 in desert hot springs to the lowest value of $215,173 in desert hot springs. Bank owned homes and properties account for 0.90% of properties in 92240. There is 1 cities within 92240; desert hot springs containing 17 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsdesert hot springs has 10 auction properties, the highest number of properties going to auction in a single city in the state of 92240. Auction homes and other auction properties account for 0.62% of all properties in 92240. There is 1 cities within 92240; of that cities, the median estimated home value for homes going to auction ranges from $725,025 in desert hot springs to the lowest value of $165,900 in desert hot springs.
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Guide for 92240
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
