Section Image

Explore Similar Apartments Within 2 Miles of University Neighborhood, CA

  • /36

    $150,000

    • 2 Beds
    • 2 Baths
    • 1,040 Sq Ft

    32660 Bloomfield Ave, Thousand Palms, CA 92276

    ATTENTION INVESTORS! Here's your chance to own an affordable income-producing property under $150,000 with an estimated 11% annual ROI. This beautifully updated manufactured home sits on owned land with a low HOA fee around--just $325/month--and is currently leased at $1,825/month. 433a Recorded and ready to go to give you different traditional financing options. Featuring 2 bedrooms and 2

    David De Gracia HomeSmart

    32660 Bloomfield Ave, Thousand Palms, CA 92276
  • /32

    $136,000

    • 2 Beds
    • 2 Baths
    • 964 Sq Ft

    32220 San Miguelito Dr, Thousand Palms, CA 92276

    ATTENTION ALL INVESTORS! Looking for an affordable investment under $140,000 with an estimated 13% annual ROI? Look no further, I present to you the opportunity to own this beautiful manufactured home where YOU OWN THE LAND, with one of the lowest low HOA fees of $224 monthly, updated back in 2024 and now currently leased for $1900 Monthly to a Tenant. The home features 2 bedrooms and 2

    David De Gracia HomeSmart

    32220 San Miguelito Dr, Thousand Palms, CA 92276

Why Live in University Neighborhood

Located off Interstate 10 and quietly tucked away on the north side of Palm Desert, University Neighborhood is a small community almost entirely composed of new developments and subdivisions. The area also offers homebuyers proximity to the highway, country clubs and two higher education institutes. “University Neighborhood is a brand new area with quite a bit of building going on, and it’s probably just about halfway done,” says Fatima Nordquist, a real estate professional at Power Brokers International with 20 years of experience. “The big plus is it’s very close to the freeway, and it is up the hill so most homes are outside the wind belt.” At University Neighborhood, a mix of single-story and two-level homes sit close together on quiet streets. Architectural designs range from midcentury modern and contemporary to New Traditional with Mediterranean influence. Lots are moderate in size and average around 3,000 square feet, with just enough room for patios or a small garden. With relatively low monthly association fees, real estate prices are typically between $550,000 and $1 million, and properties that have five bedrooms or are over 3,000 square feet can reach $1.3 million.

Home Trends in University Neighborhood, CA

Housing Trends

Median Sale Price
$606,500
Median Single Family Sale Price
$749,000
Average Price Per Sq Ft
$333
Number of Homes for Sale
49
Last 12 months Home Sales
32
Months of Supply
18.40
Median List Price
$749,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-6%
How to Buy a Home How to Finance a Home How to Sell a Home