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Palm Desert, CA Real Estate


According to census data in the year 2000 there were 28,071 housing units in Palm Desert. This represents a 53.8% growth from 18,248 in 1990.

Of those housing units, 27,728 were located in either urbanized areas or urban clusters, and 343 were located in what is classified as a rural area.

Homeownership rate in Palm Desert is about 67.2%. Palm Desert's vacancy rate, including seasonal lodging, is about 31.2%. Average household size is 2.13 people.

The majority of houses, apartments or condos in Palm Desert were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom8.50%
Two Bedrooms48.10%
Three Bedrooms33.30%
Four Bedrooms7.10%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1983
Median Value of occupied units$189,100
Median Price asked for vacant units$201,500

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1981
Median Monthly Rent asked for vacant units$815

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.90%
Home Equity Loan5.20%
Simple Mortgage56.60%
Debt Free31.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.2%