Homes Under $500K in Palm Springs, FL
47 listings in Palm Springs
There are 47 homes under $500K for sale in Palm Springs, Florida right now, priced from $250K to $499K. The median list price is $318,000. That puts this segment 8% below the overall Palm Springs median of $347,000 across 68 active listings.
These homes average 1,256 square feet of living area on lots averaging 0.09 acres. Average pricing runs $266 per square foot versus $313 citywide. The median year built is 1978. 2% of them include a private pool.
This segment averages 65 days on market. The median closed-sale price in Palm Springs is $385,000. Deals close at 97.5% of list price. The absorption rate is 11.8%.
The largest concentration is in Lakewood Of Palm Springs, with 8 available listings. The rest is spread across 22 other communities and 2 ZIP codes.
María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.
Market overview
Total active
48
Avg price
$333,755.96
Median price
$318,000.00
Price range
$250,000.00 – $499,000.00
Avg $/sqft
$265.67
Luxury (1M+)
0
Market Pulse
Based on 82 closed sales in Palm Springs · last 12 months
💰
Median Sold Price
$385,000
from closed sales
📅
Avg. Days on Market
54 days
from list to contract
📊
Absorption Rate
11.8%
of inventory sold per month
🎯
Sale-to-List Ratio
97.5%
of asking price
Source: Spark MLS · Updated every 6h
47 listings in Palm Springs
↓ Price drop$304,990
251 Lake Arbor Drive, Palm Springs, FL 33461 · Palm Springs · FL 33461
2 bd · 2 ba · 1,232 sqft
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↓ Price drop$316,000
255 Lake Arbor Drive, Palm Springs, FL 33461 · Palm Springs · FL 33461
2 bd · 2 ba · 1,232 sqft
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↓ Price drop$389,999
3231 Vassallo Avenue, Palm Springs, FL 33461 · Palm Springs · FL 33461
2 bd · 1 ba · 720 sqft
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New$339,900
824 Springdale Circle, Palm Springs, FL 33461 · Palm Springs · FL 33461
3 bd · 3 ba · 1,313 sqft
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New$340,000
632 SPRINGDALE Circle, Palm Springs, FL 33461 · Palm Springs · FL 33461
3 bd · 3 ba · 1,540 sqft
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New$275,000
159 LAKE ARBOR Drive, Palm Springs, FL 33461 · Palm Springs · FL 33461
2 bd · 2 ba · 1,232 sqft
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New$345,000
1034 MANOR Drive, Palm Springs, FL 33461 · Palm Springs · FL 33461
2 bd · 2 ba · 1,098 sqft
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