Desert Hot Springs, California Real Estate & Housing Market

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Desert Hot Springs Housing Information

Index	Desert Hot Springs	California	National
Median home price	$143,300	$409,300	$184,700
Median rent asked	$899	$1,297	$949
Avg. people per household	3.0	3.0	2.6
Owner occupied households	45.5%	54.1%	63.6%
Renter occupied households	54.5%	45.9%	36.4%

Above is a snapshot look at the real estate market in Desert Hot Springs, CA. In Desert Hot Springs, CA, the median house price is $143,300, making the price 65% lower than that the average for California. Therefore, the affordability of Desert Hot Springs, CA area real estate is more affordable than the real estate in other areas of California. In addition, Desert Hot Springs, CA has a median rent price of $899; this price is 31% lower than that the average rental price for California. 45.5% of residents in Desert Hot Springs, CA are homeowners, and the average amount of people who reside in each home is 3.0. Desert Hot Springs, CA has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Desert Hot Springs, CA real estate for sale.

Desert Hot Springs Home Affordability

When looking for real estate in Desert Hot Springs, CA, nothing is more important than affordability. There are several methods to calculate the affordability of a home, but perhaps the best way is the home price to median household income ratio. In Desert Hot Springs, CA, the median price of a home is $143,300 and $34,059 is the median household income. This means that the home price to income ratio is 4.2x, a ratio that is 34% lower than the average in California. The median home price is divided by the median home income to calculate the home affordability ratio. Homes in Desert Hot Springs, CA will be more financially accessable if the ratio has a lower than average home price to home income. These are not the only aspects to look at when determining the affordability of a home. A home affordability calculator offers a much more exact overview of the true affordability of a property. Use the calculator below to better determine how much you can pay for real estate in Desert Hot Springs, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Sky Valley, CA	2,574	$104,000	44%
Morongo Valley, CA	3,082	$107,000	42%
Whitewater, CA	821	$109,200	41%
Garnet, CA	6,297	$111,200	40%
Joshua Tree, CA	6,943	$117,600	36%
Desert Hot Springs, CA	28,092	$143,300	22%

Cities with similar population

City, State	Population	Home Price	National Avg.
Harrison, NY	28,082	$803,200	335%
Carlsbad, NM	28,079	$125,300	32%
American Fork, UT	28,127	$230,400	25%
Oak Forest, IL	28,055	$182,800	1%
Maryville, TN	28,151	$190,000	3%
Desert Hot Springs, CA	28,092	$143,300	22%

Source: The Desert Hot Springs, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).