Thousand Palms Housing Market Report – June 2026
Here's a look at how the Thousand Palms, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 9
- Median Sale Price: $189,900
- Average Sale Price: $192,367
- Average Price Per Sq Ft: $139
- Average Days on Market: 111
- Sale-to-List Price Ratio: 97.5%
Month-Over-Month Trends
Compared to May, the median sale price in Thousand Palms moved 10.0% down (from $211,000 to $189,900). The number of homes sold was 55.0% down compared to the prior month (20 vs. 9). Average days on market shifted 29.3% down (157 days to 111 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 4.3% down (from $198,500 to $189,900). Sales volume is 35.7% down year-over-year.
What This Means
Thousand Palms' housing market is showing clear signs of softening in June, with both price momentum and buyer activity trending downward. The median price dropped 10 percent from May to just under $190,000, marking a concerning shift despite the modest 4.3 percent annual decline. More telling is the significant slowdown in sales velocity—only nine homes sold this month compared to twenty in May, and homes are now lingering on the market for an average of 111 days, up from the rapid 50-day turnover we might expect in a healthy desert market. While the seasonal summer doldrums typically affect desert communities as locals escape the heat, this year's weakness appears sharper than normal.
The inventory situation underscores buyer hesitation. With 102 active listings at a median asking price of $247,450—roughly 30 percent above actual selling prices—there's a meaningful gap between seller expectations and market reality. The 97.5 percent sale-to-list ratio suggests buyers have leverage but aren't using it aggressively, indicating cautious sentiment rather than frenzied competition. For Thousand Palms, heavily weighted toward affordable mobile homes, this could reflect broader affordability pressures or delayed seasonal demand. Buyers shopping here should feel empowered to negotiate, while sellers may need to reset price expectations if they hope to move inventory before summer heat peaks.
Thousand Palms Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92276 | 9 | $189,900 | $139 | 111 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| MOBILE | 7 | $189,900 | $124 |
| SINGLE_FAMILY | 2 | $275,000 | $189 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 5 |
| $200K - $299K | 2 |
| $400K - $499K | 1 |
Current Active Listings
As of this report, there are 102 active listings in Thousand Palms with a median asking price of $247,450 and an average of 149 days on market.
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