Desert Hot Springs Housing Market Report – July 2026
Here's a look at how the Desert Hot Springs, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 73
- Median Sale Price: $310,000
- Average Sale Price: $291,932
- Average Price Per Sq Ft: $197
- Average Days on Market: 95
- Sale-to-List Price Ratio: 95.1%
Month-Over-Month Trends
Compared to June, the median sale price in Desert Hot Springs moved 3.9% down (from $322,500 to $310,000). The number of homes sold was 7.4% up compared to the prior month (68 vs. 73). Average days on market shifted 1.1% up (94 days to 95 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 12.7% down (from $355,000 to $310,000). Sales volume is 15.1% down year-over-year.
What This Means
Desert Hot Springs continues to show signs of a cooling market in July, with prices sliding both month-over-month and year-over-year. The median sale price dropped nearly 4% from June and sits 12.7% lower than July 2025, suggesting sustained downward pressure that goes beyond typical seasonal fluctuations. This decline likely reflects broader California trends of softening demand as higher interest rates continue to weigh on buyer purchasing power. The slight uptick in sales volume to 73 homes is modest and shouldn't be mistaken for momentum—the year-over-year comparison actually shows fewer homes selling overall, indicating demand remains constrained.
What's particularly telling is the inventory situation. With nearly 920 active listings and asking prices clustered around $200,000, sellers clearly outnumber eager buyers. Properties are sitting for an average of 136 days before finding a buyer, and even homes that do sell are moving at 95.1% of asking price. This suggests negotiating power has shifted to buyers, especially in the mobile and land segments which make up a significant portion of local sales. For anyone watching this market, the message is clear: Desert Hot Springs remains a buyer's market with room to negotiate, though the downward price trajectory may be worth monitoring for those hoping to catch a bottom.
Desert Hot Springs Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92240 | 56 | $357,500 | $226 | 87 |
| 92241 | 17 | $107,000 | $119 | 118 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 43 | $375,000 | $234 |
| MOBILE | 19 | $107,000 | $101 |
| LAND | 9 | $39,000 | N/A |
| CONDOS | 1 | $85,000 | $150 |
| MULTI_FAMILY | 1 | $1,700,000 | $486 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 15 |
| $100K - $199K | 10 |
| $200K - $299K | 8 |
| $300K - $399K | 22 |
| $400K - $499K | 15 |
| $500K - $749K | 2 |
| $750K+ | 1 |
Current Active Listings
As of this report, there are 919 active listings in Desert Hot Springs with a median asking price of $200,000 and an average of 136 days on market.
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