From January through December of 2021, there were 39 homes sold, with a median sale price of $337,000 - a 30.9% increase over the $257,500 median sale price for the previous year. There were 48 homes sold in Thousand Palms in 2020.
The median sales tax in Thousand Palms for the most recent year with available data, 2019, was $2,597, approximately 0.8% of the median home sale price for 2021.
The following table compares Thousand Palms 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) |
|---|---|---|---|---|---|---|
| Sun City | 8 | 3 | 166.7% | $402,500 | $295,000 | 36.4% |
| San Jacinto | 680 | 558 | 21.9% | $395,000 | $320,000 | 23.4% |
| 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% |
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