October's First-Time Homebuyer Report for Palm Desert

The population of Palm Desert is growing faster than the rest of California, at a 10-year growth rate of 12.8%. It's a larger than average city compared to the rest of the state, with 48,445 residents. Palm Desert is made up of homes that are of moderate age with a median of 25 years. Topping the list of best schools in the city is George Washington Charter.

Price Range

The median value of homes in Palm Desert is $265,200, making the area almost identical to others in California. At the same time, the average list price of available homes is presently $367,836.

Curious as to which homes have been getting the most attention in Palm Desert? These listings have stirred up interest and produced the most views:

$549K   $235K   $389K  

Typical Dwelling

The typical dwelling in Palm Desert is a two-bedroom condo worth about $266,812. To purchase a similar home, a buyer with good credit and a $53,362 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,488 monthly payment. The property tax rate is $9.19 per $1,000 of taxable assessed value.

Get started right now by checking out Palm Desert homes for sale or reviewing Palm Desert real estate trends.


Data reported through 10/13/2016

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Ask a local expert about this area:
Bennion Deville Homes
Point Home Realty Group
Snapped 2 homes in this area
Berkshire Hathaway HomeServices California Properties
Snapped 47 homes in this area

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