Comprehensive market data and analysis• Updated Oct 2026
42.8 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 3 | 4 | 58 | 69 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 3 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 3 | 4 | 59 | 74 |
Acreage buckets
The median price for land in Palm Springs, California is currently $1.0M per acre. For a typical parcel, the median sale price is $51K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $48K while premium lots reached $608K.
Palm Springs, California is currently a strong buyer's market with 42.8 months of supply. Buyers have more negotiating power and can take time to find the right property.
Palm Springs, California currently has 42.8 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 $51K. This translates to roughly $1.0M per acre for the typical parcel size. The average price is $208K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Palm Springs, California is 2.3%. The 12-month rate is 11.3%. 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 77 properties sold, totaling $16.0M in sales volume. In just the last 3 months, 4 properties changed hands.
The current absorption rate in Palm Springs, California is 2.3% (3-month basis), indicating slow demand. The top-performing broker in this market is Equity Union.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Palm Springs on LandyDandy.
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