4 Bed | 2 Bath | 1,866 Sq. Ft.
There are currently 1,194 real estate properties in Thousand Palms, CA, with a median automated valuation model (AVM) price of $202,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Thousand Palms, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Thousand Palms, CA, is $251,804.00, with the most expensive house in Thousand Palms, CA, topping out at $2,750,000.00 and the cheapest home in Thousand Palms, CA, clocking in at $38,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Thousand Palms, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Thousand Palms, CA, is on a rollercoaster ride. The average rent price in Thousand Palms, CA, is $1,716.00. Indeed, when looking to rent in Thousand Palms, CA, you can expect to pay as little as $770.00 or as much as $4,320.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Thousand Palms, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Thousand Palms, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Thousand Palms, CA and much more. Save thousands at closing with home foreclosure listings in Thousand Palms, CA — up to 75% off market value!
Thousand Palms is located in Riverside, California, with an estimated municipal population of 6,794 residents. All of the best foreclosed homes for sale in Thousand Palms are located in the following zip code areas on Foreclosure.com: 92276. The estimated population per square kilometer (.62 miles) in Thousand Palms is 110.
So, about how much do homes cost in Thousand Palms? The most recent median value of resident-owned homes in Thousand Palms is 183,433. An estimated 74.1 percent of households in Thousand Palms own their homes, with an average family size of 3.3. The median household income in Thousand Palms is 52,697, with16 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Thousand Palms, the median commute time of resident workers (in minutes) is 19.3. And last, but certainly not least, are you looking for homes to rent in Thousand Palms? If so, the average rent price paid by renters in Thousand Palms is 1,143, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Thousand Palms, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Thousand Palms is 52, split between 52 percent male versus 48 female. The percentage of residents who report being married in Thousand Palms is 48.6, with an average family size of 3.3.
The percentage of residents who report their race in Thousand Palms is as follows:
| White | 77.6% |
| Black / African American | 0.4% |
| Asian | 1.1% |
| American Indian / Alaskan Native | 1.5% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0.5% |
| Other | 18.9% |
Looking for family-friendly neighborhoods in and/or near Thousand Palms? Or maybe you are searching for 55+ active adult communities in and/or near Thousand Palms?
The percentage of residents who report their age in Thousand Palms is as follows:
| Under 10 | 10% |
| Aged 10-19 | 12.6% |
| 20s | 11.2% |
| 30s | 10.2% |
| 40s | 4.8% |
| 50s | 16.2% |
| 60s | 15.4% |
| 70s | 10.7% |
| 80+ | 9% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Thousand Palms with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Thousand Palms.
How do you know that living in -- or moving to -- Thousand Palms is right where you need to be? Perhaps you grew up in Thousand Palms or already live nearby; therefore, the decision to buy a home in Thousand Palms is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Thousand Palms for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Thousand Palms:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Thousand Palms.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Thousand Palms can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Thousand Palms, meanwhile, can field multiple offers from more qualified buyers.
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