Why Live in Indio
Nicknamed “City of Festivals,” and nationally known as the home of the annual Coachella Valley Music and Arts Festival, Indio is set about 125 miles east of Los Angeles. Originally a late 19th-century stopover town for the Southern Pacific Railroad, Indio has become a booming agricultural community by the early 20th century, its success fueled by dates, citrus fruits and cotton. Today, Indio is a city of roughly 90,000 people, offering a more suburban, affordable alternative to Los Angeles’ rising home prices and urban sprawl. “Coastal residents in Southern California are being priced out and migrating inland,” says Lupe Ramos Amith, the mayor of Indio.
Currently, the city is revitalizing its downtown with new businesses, and approving plans for new shared spaces like Indio Sports Park and the Civic Center Campus, which will include a new city hall building and library. Hundreds of new homes are being added here, as well. “Get in now while it’s still a value proposition, because once this is all developed it’s going to be more attractive and selling at higher price points,” says Chris Casas, a Realtor with Indian Springs Real Estate, who has over 23 years of experience.
Home Trends in Indio, CA
On average, homes in Indio, CA sell after 71 days on the market compared to the national average of 51 days. The median sale price for homes in Indio, CA over the last 12 months is $539,000, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$539,000
Median Single Family Sale Price
$565,000
Median 2 Bedroom Sale Price
$293,000
Median 1 Bedroom Sale Price
$199,000
Average Price Per Sq Ft
$310
Number of Homes for Sale
254
Last 12 months Home Sales
1,297
Median List Price
$575,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%