Thermal, CA housing market
The typical Thermal home is worth about $299,000, about the same as a year ago, 61% below the California typical home.
Home values, sales, trends and how Thermal compares with the towns next door — updated as new data is published.
Thermal at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Thermal | California |
|---|---|---|
| 2017 | $137,000 | $453,000 |
| 2018 | $153,000 | $501,000 |
| 2019 | $164,000 | $539,000 |
| 2020 | $176,000 | $551,000 |
| 2021 | $200,000 | $607,000 |
| 2022 | $244,000 | $703,000 |
| 2023 | $263,000 | $727,000 |
| 2024 | $268,000 | $758,000 |
| 2025 | $291,000 | $782,000 |
| 2026 | $300,000 | $767,000 |
| August 2026 | $299,000 | $764,000 |
Thermal and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Thermal | $299K | 0% | $2,080 | — | — |
| Coachella | $434K | +0.4% | $2,080 | 33 | $68,596 |
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 Thermal is $2,080 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Thermal pay a median of $986, so moving in tends to cost more than staying put.
Studio $1,600 · 4 bedrooms $3,380
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (92274; El Centro, 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, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.