Desert Palms, CA is an area with a very high median housing value. The median home value in Desert Palms, CA is $414,600 compared to the national median of $338,100. This means that homes in Desert Palms are significantly more expensive than average. In addition, the house appreciation rate in Desert Palms has been much higher than the national average over the past year at 14.8%, compared to 8.27% nationally. Therefore, not only are homes in Desert Palms more expensive than the rest of the country but appreciation rates have also been higher due to demand for housing in this area.
The median home cost in Desert Palms is $414,600. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Desert Palms is up 21.9%.
Average Age of Homes
- The median age of Desert Palms real estate is 17 years old
The Rental Market in Desert Palms
- Renters make up 7.4% of the Desert Palms population
- 0.5% of houses and apartments in Desert Palms, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.