Comprehensive market data and analysis• Updated Dec 2025
91.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 4 | 27 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | 1 | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 5 | 28 |
Acreage buckets
The median price for land in Palm Springs, California is currently $976K per acre. For a typical parcel, the median sale price is $355K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $54K while premium lots reached $798K.
Palm Springs, California is currently a strong buyer's market with 91.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 221.1% year-over-year.
Palm Springs, California currently has 91.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The median land price in Palm Springs, California stands at $355K. This translates to roughly $976K per acre for the typical parcel size. The average price is $513K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Palm Springs, California is 1.1%. The 12-month rate is 4.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Palm Springs, California saw 29 properties sold, totaling $14.9M in sales volume. In just the last 3 months, 2 properties changed hands.
The current absorption rate in Palm Springs, California is 1.1% (3-month basis), indicating slow demand. With appreciating values (+221.1% YoY), the market shows growth potential. The top-performing broker in this market is Keller Williams Realty.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.