Desert Hot Springs Housing Market Report – June 2026
Here's a look at how the Desert Hot Springs, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 66
- Median Sale Price: $322,500
- Average Sale Price: $286,791
- Average Price Per Sq Ft: $210
- Average Days on Market: 93
- Sale-to-List Price Ratio: 97.6%
Month-Over-Month Trends
Compared to May, the median sale price in Desert Hot Springs moved 7.9% up (from $299,000 to $322,500). The number of homes sold was 27.5% down compared to the prior month (91 vs. 66). Average days on market shifted 19.1% down (115 days to 93 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 95.5% up (from $165,000 to $322,500). Sales volume is 5.7% down year-over-year.
What This Means
Desert Hot Springs is experiencing a puzzling market moment where price momentum looks strong but underlying demand tells a different story. The median price jumped nearly 8 percent month-over-month and is up an impressive 95.5 percent year-over-year, suggesting a hot market. However, sales volume dropped 27.5 percent in just one month, which is a significant red flag that shouldn't be ignored. The silver lining is that homes are selling faster—average days on market fell from 115 to 93—and sellers are getting nearly full asking price at 97.6 percent, indicating pent-up buyer interest when properties do hit the market.
The real concern is what's happening in the pipeline. There are nearly 900 active listings sitting around, many with median asking prices significantly lower than what's actually selling, suggesting some price discovery may be needed. The fact that homes are moving quicker and commanding premium prices could simply reflect seasonal summer activity rather than sustained demand. With interest rates and affordability pressures continuing to weigh on California markets, it's worth watching whether next month's sales volume stabilizes or continues declining. For now, sellers have leverage, but that could shift quickly if buyer interest doesn't keep pace with inventory.
Desert Hot Springs Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92240 | 54 | $347,500 | $235 | 95 |
| 92241 | 12 | $144,000 | $115 | 82 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 35 | $380,000 | $253 |
| MOBILE | 15 | $91,000 | $105 |
| LAND | 11 | $70,000 | N/A |
| CONDOS | 2 | $87,500 | $155 |
| MULTI_FAMILY | 2 | $457,500 | $311 |
| OTHER | 1 | $465,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 16 |
| $100K - $199K | 6 |
| $200K - $299K | 9 |
| $300K - $399K | 19 |
| $400K - $499K | 8 |
| $500K - $749K | 8 |
Current Active Listings
As of this report, there are 898 active listings in Desert Hot Springs with a median asking price of $200,000 and an average of 138 days on market.
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