Once nothing but an Old West stagecoach stop that offered travelers little more than a chance to quench their thirst and stretch their legs, the community of Indian Wells has evolved into a progressive, affluent city that is one of the fastest growing cities in Riverside County.
Today, the city is home to more than 5,100 permanent and 3,800 seasonal residents. Indian Wells is situated in the stunning Coachella Valley just a few miles from other popular Riverside County communities, including Palm Desert, Indio, La Quinta and Rancho Mirage. And for those who wish to travel for business or pleasure, Palm Springs International Airport is located just minutes away.
Indian Wells, CA boasts an ideal climate that's perfect for year-round outdoor recreation. Residents enjoy all the perks of living in a resort community, including access to top-notch golf courses and tennis courts. The community is home to The Golf Resort at Indian Wells, which encompasses two championship golf courses, and the Indian Wells Tennis Garden, the world's second largest tennis stadium.
Indian Wells real estate offers a wide variety of homes for sale in a wide range of types and prices, from condominiums and townhouses to single-family homes, golf course homes, and estate properties.
Indian Wells Real Estate Market: Price Range of Indian Wells Houses
The Indian Wells real estate market is comprised of contemporary and traditional housing styles, many boasting broad views of the peaceful desert, lakes, golf courses, hills and mountains. The area offers a variety of Indian Wells condominiums and Riverside County townhouses ranging in prices from $110,000s to over $1 million for hill, mountain and city lights.
Homes in Indian Wells' gated and planned communities can be found starting from $225,000 and reach into the millions for majestic Indian Wells estates with almost every amenity imaginable and incredibly large properties. Homes in retirement communities in the Riverside County area are also available. Land in Indian Wells and lots are in abundance for custom building.
Indian Wells Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $1,098,335 compared to $1,095,310 the previous week, for a slight increase of less than +1%. For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.