$720,000
4 bd4 ba2,343 sqft
35782 McCarthy St
Palm Desert, CA Housing Market
$538,918
1.6% 1-yrThe average Palm Desert, CA home value is $538,918, down 1.6% over the past year, and homes go to pending in around 72 days. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Palm Desert Key Takeaways
Typical Home Values: $538,918
1-Year Value Change: -1.6%
(Data through August 31, 2026)
Palm Desert Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 795 ()
New Listings: 120 ()
Median Sale to List Ratio: 0.972 ()
Median Sale Price: $547,333 ()
Median List Price: $545,967 ()
Percent of Sales Over List Price: 8.5% ()
Percent of Sales Under List Price: 78.6% ()
Median Days to Pending: 72 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Palm Desert
- NameMedian ZHVI
- The Grove$578,394
- Cathedral Canyon Cove$624,711
- McPherson-Pioneer Ranch$510,746
- Alameda--
- Whitewater$398,458
- Sunny Sands$508,385
- Melody Ranch$537,361
- Panorama$487,884
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Palm Desert Rental Market Trends
Average Rent: $2,677 ()
National Average Rent: $1,948 ()
Month-Over-Month Change: 0.9% ()
Year-Over-Year Change: 4.1% ()
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Palm Desert, CA?
The median home value in Palm Desert, CA is $538,918 as of August 2026. This represents a 0.2% decrease compared to last month and a 1.6% decrease year-over-year.
How have home values changed in Palm Desert, CA?
Home values in Palm Desert, CA have decreased by 0.2% month-over-month and 1.6% year-over-year.
How do home values in Palm Desert, CA compare to Riverside County, California, and the national average?
The median home value in Palm Desert, CA ($538,918) compares to: Riverside County ($604,305), California ($764,158), and the U.S. national median ($368,697).
