From January through December of 2021, there were six homes sold, with a median sale price of $325,000 - a 7.1% increase over the $303,500 median sale price for the previous year. There were two homes sold in Thermal in 2020.
The median sales tax in Thermal for the most recent year with available data, 2018, was $2,269, approximately 0.7% of the median home sale price for 2021.
The following table compares Thermal to other Riverside County cities with similar median sale prices in 2021:
City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lakeview | 7 | 7 | 0% | $390,000 | $390,000 | 0% |
Lakeland Village | 75 | 64 | 17.2% | $375,000 | $322,000 | 16.5% |
Hemet | 1,860 | 1,557 | 19.5% | $365,000 | $300,000 | 21.7% |
Thousand Palms | 39 | 48 | -18.8% | $337,000 | $257,500 | 30.9% |
Anza | 24 | 32 | -25% | $325,000 | $393,500 | -17.4% |
Thermal | 6 | 2 | 200% | $325,000 | $303,500 | 7.1% |
Coachella | 152 | 157 | -3.2% | $320,000 | $280,000 | 14.3% |
Banning | 324 | 272 | 19.1% | $316,000 | $263,750 | 19.8% |
Desert Hot Springs | 710 | 587 | 21% | $310,000 | $250,000 | 24% |
White Water | 16 | 12 | 33.3% | $303,500 | $260,000 | 16.7% |
Cabazon | 29 | 28 | 3.6% | $252,000 | $208,250 | 21% |