Garnet, CA housing market
Homes typically sell in 143 days, a little above asking.
Home values, sales, trends and how Garnet compares with the towns next door — updated as new data is published.
Garnet at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Home prices up 75% in 5 years
The federal house price index for the ZIP codes around Garnet rose 75% over the past 5 years, faster than across California (40%). Last year prices fell 0.6%. Carrying the Census median home value forward with that index puts the typical Garnet home at roughly $563,000 today.
Show as a table
| Year | Change that year | Since 2000 | California since 2000 |
|---|---|---|---|
| 2025 | −0.6% | +407% | +224% |
| 2024 | +7.1% | +410% | +222% |
| 2023 | +12% | +376% | +208% |
| 2022 | +22% | +324% | +203% |
| 2021 | +21% | +249% | +161% |
| 2020 | +8.1% | +189% | +132% |
| 2019 | +11% | +168% | +127% |
| 2018 | +5.2% | +141% | +120% |
| 2017 | +14% | +129% | +106% |
| 2016 | +7.3% | +102% | +94% |
| 2015 | +11% | +88% | +80% |
| 2014 | +25% | +69% | +70% |
| 2013 | +4.7% | +36% | +49% |
| 2012 | +4.5% | +30% | +35% |
| 2011 | −3.4% | +24% | +35% |
| 2010 | −3.6% | +28% | +44% |
| 2009 | −36% | +33% | +49% |
| 2008 | −30% | +107% | +75% |
| 2007 | −3.5% | +197% | +119% |
| 2006 | +15% | +208% | +129% |
| 2005 | +37% | +167% | +107% |
| 2004 | +27% | +96% | +65% |
| 2003 | +16% | +54% | +36% |
| 2002 | +10% | +33% | +24% |
| 2001 | +20% | +20% | +12% |
| 2000 | — | — | — |
How Garnet ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 92241, 92240, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Garnet and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Garnet | — | −0.6%† | $2,080 | — | $72,694 |
| Desert Hot Springs | $377K | −1.5% | $2,080 | 216 | $52,761 |
| Cathedral City | $475K | −2.9% | $2,120 | 129 | $73,572 |
† FHFA price index change, where Zillow has no home value for the town.
3.7 years of income
The typical Garnet home costs about 3.7 years of the town's median household income, less than across California (7.7 years).
How Garnet ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,080
HUD's Fair Market Rent for a two-bedroom in Garnet is $2,080 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Garnet pay a median of $1,907. A two-bedroom takes about 34% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,600 · 4 bedrooms $3,380
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (92240, 92241; Riverside-San Bernardino-Ontario, CA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.