February 2026 Palm Springs Area Real Estate Market Report | Home Prices Across the Coachella Valley
Home Prices and Sales Across Palm Springs, Palm Desert, Rancho Mirage, La Quinta and More
The latest real estate data for February provides an interesting snapshot of the housing market across the Coachella Valley. While some cities saw prices dip compared with last year, others experienced strong gains—highlighting how local neighborhood dynamics continue to shape the desert market.
Inventory has increased slightly across many areas, and homes are generally taking about two to three months to sell, creating a more balanced environment than the fast-paced pandemic years.
Here’s a look at the latest numbers for several desert cities.
Palm Springs Home Prices – February 2026
Palm Springs continues to see strong demand, particularly for architectural homes and properties near downtown.
- Homes sold: 58 (4 fewer than February 2025)
- Median sale price: $954,500 (down 24.59% year-over-year)
- Median list price: $1.1 million
- Lowest price sold: $305,000
- Highest price sold: $4.19 million (3100 Goldenrod Lane)
- Average days on market: 63 days
The wide range of sale prices reflects Palm Springs’ diverse housing options—from entry-level condos to luxury estates.
Desert Hot Springs Real Estate Market
Desert Hot Springs continues to offer some of the most affordable housing in the Coachella Valley.
- Homes sold: 33 (1 more than February 2025)
- Median sale price: $415,000 (down 2.34%)
- Median list price: $429,945
- Lowest price sold: $280,000
- Highest price sold: $1.185 million (17755 Avenida Manzana)
- Average days on market: 76 days
Cathedral City Housing Market
Cathedral City offers a mix of single-family homes, condos, and golf communities near Palm Springs.
- Homes sold: 30 (3 fewer than February 2025)
- Median sale price: $540,000 (down 10.74%)
- Median list price: $599,000
- Lowest price sold: $330,000
- Highest price sold: $965,000 (67931 Valley Vista Drive)
- Average days on market: 60 days
Rancho Mirage Luxury Market
Rancho Mirage experienced one of the strongest price increases among valley cities.
- Homes sold: 45 (10 more than February 2025)
- Median sale price: $1.35 million (up 25.58%)
- Median list price: $1.395 million
- Lowest price sold: $550,000
- Highest price sold: $6.85 million (4 Big Sioux Road)
- Average days on market: 64 days
Palm Desert Real Estate Market
Palm Desert remains one of the most active markets in the valley thanks to communities like Sun City Palm Desert, Indian Ridge, and Desert Falls.
- Homes sold: 61 (16 fewer than February 2025)
- Median sale price: $670,000 (up 3.40%)
- Median list price: $724,183
- Lowest price sold: $370,000
- Highest price sold: $3.8 million (49755 Desert Vista Drive)
- Average days on market: 62 days
Indian Wells Home Prices
Indian Wells remains one of the valley’s most exclusive communities.
- Homes sold: 13 (11 fewer than February 2025)
- Median sale price: $2,237,500 (down 10.05%)
- Median list price: $1,795,500
- Lowest price sold: $765,000
- Highest price sold: $11.375 million (43052 Via Sienna)
- Average days on market: 89 days
La Quinta Housing Market
La Quinta saw one of the largest price increases in the valley, reflecting strong demand in golf communities and luxury developments.
- Homes sold: 72 (24 fewer than February 2025)
- Median sale price: $1,187,500 (up 43.07%)
- Median list price: $1.059 million
- Lowest price sold: $350,000
- Highest price sold: $12.25 million (53365 Humboldt Boulevard)
- Average days on market: 72 days
Indio Real Estate Market
Indio continues to attract buyers seeking larger homes at more attainable price points.
- Homes sold: 73 (3 more than February 2025)
- Median sale price: $545,000 (down 0.91%)
- Median list price: $589,000
- Lowest price sold: $195,000
- Highest price sold: $2.875 million (80842 Kebon)
- Average days on market: 86 days
Coachella Housing Market
The city of Coachella saw fewer sales but a strong increase in median price.
- Homes sold: 6 (4 fewer than February 2025)
- Median sale price: $511,500 (up 20.35%)
- Median list price: $500,000
- Lowest price sold: $344,500
- Highest price sold: $570,000 (48914 Chichen Itza Road)
- Average days on market: 89 days
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What This Means for the Desert Real Estate Market
Across the Coachella Valley, February’s numbers show a more balanced housing market compared with the rapid pace of the pandemic years.
Some cities experienced price increases, while others saw modest declines. Homes are generally taking about two to three months to sell, giving buyers more time to evaluate properties while still providing opportunities for sellers.
The wide range of prices—from under $200,000 to more than $12 million—also highlights the incredible diversity of housing options available across the valley.
For buyers and sellers alike, understanding the local dynamics of each desert city remains key when making real estate decisions.
The Bottom Line
The Palm Springs area housing market isn’t slowing dramatically—it’s simply moving into a more balanced phase.
Prices remain strong across the valley, inventory has improved, and both buyers and sellers can find opportunities depending on their goals.
Whether you’re looking for a mid-century home in Palm Springs, a golf community property in La Quinta, or a retirement home in Palm Desert, the desert continues to offer a wide range of lifestyle choices.
✔ Thinking about buying or selling in Palm Springs or the Coachella Valley? The Paul Kaplan Group has been helping clients navigate the desert real estate market for more than 25 years. If you'd like to learn more about home values in your neighborhood or explore current opportunities, we’re always happy to help.
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