Cheap Homes for Sale in Palm Springs, FL

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Palm Springs, FL Housing Market Overview

Palm Springs's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 4.5-month supply of homes and an average of 122 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

122

Inventory

71

Jul 2021Feb 2024Mar 2026

Median Home Price

$265,500Down 0.38%

In Mar 2026 · YoY

Jul 2021Feb 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
71 Down 0.01%
Newly Listed Homes
42 Down 0.16%
Months of Supply
4.5 Down 3.20%

Housing Demand

Homes Sold
32 Down 0.00%
Sale-to-List Ratio
95.2% Down 2.82%
Homes Sold Above List
6.3% Down 14.80%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Palm Springs Market Report
  • mls-imgIDX Logo
    IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2024 BeachesMLS, Inc. All Rights Reserved.
  • mls-img
    Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® through Aug 31, 2026, 3:46 PM. The MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law. Copyright Southeast Florida MLS a/k/a SEFMLS © 2026. All rights reserved.

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Palm Springs, FL Housing Marketlink qauare
Homes Available icon

71

Homes Available

Median List Price icon

$ 265,500

Median List Price

Avg on Market icon

122 Days

Avg on Market

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