Is Indio, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Indio is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Indio has remained a Seller's Market.

Key Takeaway

Indio is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Indio, CA cost?

Median Sold Price

$539,539

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$128,789(+31.4%)

Key Takeaway

Homes in Indio have sold for 31.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $144K$210K
+45.8%
2 $360K$465.4K
+29.3%
3 $408.3K$537.8K
+31.7%
4 $453.3K$592.5K
+30.7%
5+ $513.5K$667.5K
+30.0%

Median Sold Price Compared To Nearby Cities

Coachella
+31.7%
Indio
+31.4%
Coachella Valley
+26.5%
Cathedral City-Palm Desert
+26.2%
La Quinta
+19.7%

How many homes are available in Indio, CA?

Number of Homes For Sale

Aug 2022Sep 2022%
388397+2.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 33
0.0%
2 9796
-1.0%
3 132138
+4.5%
4 113114
+0.9%
5+ 4346
+7.0%

Number of Homes Sold

Aug 2022Sep 2022%
8190+11.1%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Indio, you may be able to get a good deal. 54.4% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
32 Days38 Days+19.6%

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

49 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Indio has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Indio, CA

Indio, CA has 397 homes on the market. The number of listings in Indio, CA increased by 2.3% between August 2022 and September 2022. While the average time on the market in September 2022 was 38 days, the median list price was $539,539. From August 2022 through September 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 45.8%, prices of 2 bedrooms properties increased by 29.3%, 3 bedrooms properties became 31.7% more expensive, 4 bedrooms properties prices increased by 30.7%, prices of 5 bedrooms properties increased by 30%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, 2 bedrooms homes became 1% less available, 3 bedrooms homes inventory increased by 4.5%, number of 4 bedrooms homes increased by 0.9%, 5 bedrooms homes inventory increased by 7%. Over 22 listings were sold over their listed price in September 2022 in Indio, CA. In the same period over 49 listings were sold below the listed price and 19 listings were sold for the listed price.

Related Housing Market Reports