Zip 92240 (Desert Hot Springs, CA) Housing

The median housing value in 92240 Desert Hot Springs, CA is $372,900, which is higher than the US median housing value of $338,100. The US experienced a 1 year house appreciation rate of 8.27%, but in 92240 Desert Hot Springs, CA that rate was significantly higher at 14.80%. This means that housing values in this area have risen much faster than the national average over the past year. This could make it an attractive option for potential home buyers looking for investment opportunities in Desert Hot Springs.

The median home cost in Desert Hot Springs (zip 92240) is $372,900. Home appreciation the last 10 years has been 191.0%. Home Appreciation in Desert Hot Springs (zip 92240) is up 21.9%.

Average Age of Homes

- The median age of Desert Hot Springs (zip 92240) real estate is 29 years old

The Rental Market in Desert Hot Springs (zip 92240)

- Renters make up 38.7% of the Desert Hot Springs (zip 92240) population
- 1.0% of houses and apartments in Desert Hot Springs (zip 92240), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Desert Hot Springs, California	United States
	16,245.0	139,647,020.0
	32	42
	$372,900	$338,100
	21.9%	16.6%
	83.1%	57.0%
	191.0%	101.1%
	$10.69	$10.98
	$2,461	$2,690
	44.1%	57.4%
	14.1%	11.2%
	41.8%	31.4%
Vacant Housing
	1.0%	1.9%
	0.5%	0.4%
	0.4%	0.7%
	0.1%	0.4%
	8.6%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	0.9%	2.4%
	1.5%	2.8%
	0.6%	3.9%
	1.7%	4.5%
	9.2%	11.3%
	18.0%	13.0%
	39.6%	20.1%
	17.3%	13.6%
	3.3%	8.3%
	1.2%	9.7%
	1.4%	3.9%
	0.6%	2.2%
	0.1%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	27.0%	13.6%
	27.0%	13.6%
	16.2%	13.6%
	19.5%	13.2%
	15.6%	14.8%
	16.2%	13.6%
	6.6%	10.0%
	0.9%	4.7%
	0.5%	12.2%

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