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 Type | 2.40% |
| One Bedroom | 8.50% |
| Two Bedrooms | 48.10% |
| Three Bedrooms | 33.30% |
| Four Bedrooms | 7.10% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $189,100 |
| Median Price asked for vacant units | $201,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $815 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 56.60% |
| Debt Free | 31.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.2% |
