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East SBV Times

Wednesday, October 16, 2024

Coachella home prices rose in 2021

Realestate1

The median sale price of a home sold in 2021 in Coachella rose by $40,000 while total sales decreased by 3.2%, according to BlockShopper.com.

From January through December of 2021, there were 152 homes sold, with a median sale price of $320,000 - a 14.3% increase over the $280,000 median sale price for the previous year. There were 157 homes sold in Coachella in 2020.

The median sales tax in Coachella for the most recent year with available data, 2019, was $4,010, approximately 1.3% of the median home sale price for 2021.

The following table compares Coachella to other Riverside County cities with similar median sale prices in 2021:

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Lakeland Village756417.2%$375,000$322,00016.5%
Hemet1,8601,55719.5%$365,000$300,00021.7%
Thousand Palms3948-18.8%$337,000$257,50030.9%
Anza 2432-25%$325,000$393,500-17.4%
Thermal62200%$325,000$303,5007.1%
Coachella152157-3.2%$320,000$280,00014.3%
Banning32427219.1%$316,000$263,75019.8%
Desert Hot Springs71058721%$310,000$250,00024%
White Water 161233.3%$303,500$260,00016.7%
Cabazon 29283.6%$252,000$208,25021%
Mecca 711-36.4%$250,000$140,00078.6%

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