Desert Hot Springs, CA—92241
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Desert Hot Springs, CA
Home Price Trends — Desert Hot Springs, CA
As of Oct '25, the median home price in Desert Hot Springs, CA is $395,000, with a year-over-year change of -0.5%. This indicates that home prices in Desert Hot Springs, CA are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $395,000 | -0.5% |
| Single Family | $398,000 | -0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $233,000 | 2.2% |
2 Bed | $336,000 | 2.8% |
3 Bed | $450,000 | -0.7% |
4 Bed | $538,000 | -2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Desert Hot Springs, CA
As of July '25, Rentcast reports the average rent in Desert Hot Springs, CA is $1,610, with a year-over-year rent change of -12.5%. Per bedroom, the median rent as of July '25 in Desert Hot Springs, CA is 1-bedrooms: $1,050, 2-bedrooms: $1,500, 3-bedrooms: $3,250. The most common rental property sizes in Desert Hot Springs, CA are 3-bedroom and 2-bedroom, accounting for 39.9% and 38.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,610 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $750 | $1,050 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $3,250 | $3,250 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Desert Hot Springs, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Desert Hot Springs, CA is 57. This is a increase of 11.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $577,000 | -31.0% |
Listing Count | 36 | 38.0% |
| Listings as % of Homes | 0.4% | 38.0% |
Days on Market | 57 | 11.0% |
Demographics — Desert Hot Springs, CA
As of the latest ACS Survey released in 2023, Desert Hot Springs, CA has a population of 8,620, which has increased by 9.1% over the past 5 years. Desert Hot Springs, CA is a moderately popular place for families, as children make up 16.6% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,620 | 9.1% |
% Under 18 | 16.6% | 7.1% |
% Seniors | 33.9% | -7.1% |
% WFH | 18.0% | 215.8% |
% w/ College Degree | 16.2% | 0.0% |
As of the latest ACS Survey released in 2023, Desert Hot Springs, CA is a predominantly white area, with 49.5% of the population identifying as white. The white population has shrunk by 11.3% in the last 5 years. The second most common race or ethnicity in Desert Hot Springs, CA is hispanic, making up 45.9% of the population. Foreign-born residents account for 27.6% of the population in Desert Hot Springs, CA, and this percentage has increased by 7.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 49.5% | -11.3% |
% Black | 0.8% | -57.9% |
% Hispanic | 45.9% | 11.1% |
% Asian | 1.7% | 112.5% |
% Foreign Born | 27.6% | 7.4% |
Mortgage and Risk — Desert Hot Springs, CA
According to HUD data as of 2023, there were 25 mortgage originations in Desert Hot Springs, CA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Desert Hot Springs, CA. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 25 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 0.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Desert Hot Springs, CA
Desert Hot Springs, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 11 |
Total Units Section 8 | 11 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | 89.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $700 | $750 | $1,450 |
| 2 Bedroom | $310 | $1,500 | $1,810 |
| 3 Bedroom | -$810 | $3,250 | $2,440 |
| 4 Bedroom | N/A | N/A | $2,980 |
Affordability — Desert Hot Springs, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.6 |
| Median Home Price | $395,000 |
| Median Household Income | $45,200 |