Is La Quinta, CA 92253 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

La Quinta is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score14/ 100

More competitive than 7% of U.S. ZIP codes, and #1038 of 1069 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.4Under 4 months = seller’s market
Sold above original list6%Share of sales, last 3 months
Median sale-to-list96.4%Sold price ÷ list price
Median days on market87Listing to accepted offer
Median price per sq ft$363▼ −0.1% vs. last year

The La Quinta housing market right now

In the three months ending August 31, 2026, 6% of homes in La Quinta, CA 92253 sold above their list price, the typical home went under contract in 87 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 242 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (7% then), homes sold about as fast and the median sale price rose 2% to $740,355. Overall, La Quinta is about as competitive as it was a year ago.

Within Riverside County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell less often over asking than in 88%. On our competition score, La Quinta ranks #1,038 of 1,069 CA ZIP codes with enough sales (score 14 out of 100).

Nearby, buyers who want less competition could look at North Palm Springs 92258 (0% sold over asking) or Cabazon 92230 (0% sold over asking), while Moreno Valley 92553 (55% sold over asking) and Riverside 92504 (53% sold over asking) are even more competitive.

Nearby markets

Aguanga 92536Buyer’s market $348 /sq ftAnza 92539Balanced $271 /sq ftBanning 92220Seller’s market $264 /sq ftBeaumont 92223Seller’s market $263 /sq ft Browse all markets →

Where La Quinta is

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Questions about La Quinta real estate

Is La Quinta a buyer’s or seller’s market?

A balanced market: there were 4.4 months of supply in La Quinta, CA 92253 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in La Quinta?

The typical home went under contract in 87 days in the latest three months.

Do homes in La Quinta sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.

What are property taxes in La Quinta?

About 1.15% of a home’s value a year in Riverside County, or roughly $4,600 on a $400,000 home.

What is the median home price in La Quinta?

The median sale price was $740,355 in the three months ending August 31, 2026, about $363 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology