Desert Hot Springs Housing Market Report – May 2026
Here's a look at how the Desert Hot Springs, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 92
- Median Sale Price: $294,500
- Average Sale Price: $267,746
- Average Price Per Sq Ft: $193
- Average Days on Market: 114
- Sale-to-List Price Ratio: 94.2%
Month-Over-Month Trends
Compared to April, the median sale price in Desert Hot Springs moved 15.9% down (from $350,000 to $294,500). The number of homes sold was 3.2% down compared to the prior month (95 vs. 92). Average days on market shifted 10.7% up (103 days to 114 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 18.0% down (from $359,000 to $294,500). Sales volume is 0.0% down year-over-year.
What This Means
Desert Hot Springs is experiencing a notable cooldown heading into early summer. Median prices have dropped 15.9% month-over-month and 18% year-over-year, settling at $294,500—a significant pullback that suggests either seasonal weakness or underlying market softness. While the 94.2% sale-to-list ratio indicates buyers still have some negotiating power, homes are lingering longer on the market, with average days on market climbing from 103 to 114 days. This extended selling timeline could reflect reduced buyer urgency as we move into the warmer months, when desert markets sometimes see lighter activity.
The inventory picture tells an interesting story. With 861 active listings against just 92 sales, sellers are facing substantial competition. The median asking price of $205,000 for active inventory sits well below the actual median sale price of $294,500, suggesting older listings are priced more aggressively—possibly accounting for some of the extended DOM. The property mix remains heavily weighted toward single-family homes and mobile homes, which dominate local supply.
For buyers, this represents a buyer's market with room to negotiate. For sellers, patience will be key. The trends suggest conditions are shifting away from the tight markets California saw earlier this year, giving prospective purchasers more options and leverage than they've had recently.
Desert Hot Springs Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92240 | 65 | $345,000 | $218 | 110 |
| 92241 | 27 | $115,000 | $140 | 125 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 42 | $399,500 | $248 |
| MOBILE | 24 | $109,000 | $102 |
| LAND | 23 | $70,000 | N/A |
| CONDOS | 2 | $57,500 | $102 |
| MULTI_FAMILY | 1 | $580,000 | $290 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 27 |
| $100K - $199K | 13 |
| $200K - $299K | 7 |
| $300K - $399K | 17 |
| $400K - $499K | 16 |
| $500K - $749K | 12 |
Current Active Listings
As of this report, there are 861 active listings in Desert Hot Springs with a median asking price of $205,000 and an average of 137 days on market.
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