ZIP Code 92240 — Desert Hot Springs, CA Home Prices (2026)
The typical home in ZIP 92240 (Desert Hot Springs, California) is worth about $377,000 at roughly $252 per square foot — about the same as the Desert Hot Springs median and 28% more expensive than the typical U.S. home.
How 92240 compares
ZIP 92240 is a mid-priced ZIP code for Desert Hot Springs: its typical home value of $377,000 ranks #2 of the 3 Desert Hot Springs ZIP codes we track (the citywide range runs from $254,000 in 92258 to $403,000 in 92241). Per square foot it costs about $252, against $332 for Desert Hot Springs as a whole, $455 for California, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 92240 | $377,000 | $252 |
| Desert Hot Springs, CA | $377,000 | $332 |
| California | $698,000 | $455 |
| United States | $294,000 | $195 |
Home value by size in 92240
Using this ZIP’s rate of about $252 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $252,000 |
| 1,500 sq ft | $378,000 |
| 2,000 sq ft | $504,000 |
| 2,500 sq ft | $630,000 |
| 3,000 sq ft | $756,000 |
Salary needed to buy a home in ZIP 92240
To buy the typical $377,000 home in ZIP 92240 with 20% down, you need a household income of roughly $103,000 a year (about $2,390 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $122,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $18,900 | $2,970/mo | $127,000/yr |
| 10% (+PMI) | $37,700 | $2,840/mo | $122,000/yr |
| 20% | $75,400 | $2,390/mo | $103,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 92240
At about $252 per square foot, here is roughly how much home different budgets get you in ZIP 92240:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $200k | 790 sq ft | below the local median — condos, smaller or older homes |
| $250k | 990 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1190 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1590 sq ft | around the typical home here |
| $500k | 1980 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 92240 home.
Estimate a specific home in 92240
The estimator below is pre-set to ZIP 92240 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Desert Hot Springs ZIP codes by home value
Where 92240 sits among Desert Hot Springs’s 3 ZIP codes:
ZIP 92240 home prices: frequently asked
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See the full Desert Hot Springs home values page, all California cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.