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Featured local agent — La Palma, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · La Palma, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

La Palma, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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La Palma, CA Housing Market & Real Estate

Strong seller's market-17.6% YoY

Housing market overview · Updated monthly ·

$1.05Mmedian sale price

How is the La Palma, CA housing market right now?

The median home sale price in La Palma, CA is $1.05M, down 17.6% year-over-year. Homes sell in an average of 35 days with 9 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is La Palma a buyer's or seller's market?

Strong seller's market1.5 months of supply35 avg. days on market

La Palma, CA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 35 days. How we determine this →

Homes sold

6

Last 12 weeks

Days on market

35

Average pace

Active listings

9

1.5 months supply

Sale-to-list

101.0%

Above asking

What does the La Palma housing market data show?

Current housing market statistics for La Palma, CA
MetricValue
Median sale price$1.05M
Median list price$1.22M
Year-over-year price change-17.6%
Average days on market35 days
Active inventory9 listings
Months of supply1.5 months
Sale-to-list price ratio101.0%
Median price per sq ft$614/sq ft
Homes sold (latest month)6
New listings (latest month)7
Listings with a price cut11.1%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in La Palma by property type?

How the La Palma, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in La Palma, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$1.05M$614/sq ft635 days
Townhouse$675,000$661/sq ft153 days

Source: Redfin · Updated monthly

The La Palma housing market is currently classified as a strong seller's market with a median sale price of $1.05M. Prices have fallen 17.6% compared to last year, with homes spending an average of 35 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 10.4x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in La Palma

There are currently 9 homes listed for sale in La Palma, California. The median listing price is $1.2M.

Active listings

9

Homes on market

Median list price

$1.2M

Avg. days on market

35

Days until sale

New this week

7

Newly listed

Price drops:11.1%of listings
Sale-to-list:101.0%

Who lives in La Palma?

Population

15,375

Median income

$115,833/yr

Median age

46.6 years

Owner-occupied

68.6%

College grads

48.8%

Avg commute

32.9 min

Source: U.S. Census Bureau ACS

What are homes worth in La Palma?

Zillow home value

$1.20M

Price-to-income

10.4x

Source: Zillow Research

What is it like to live in La Palma?

La Palma is a community of approximately 15K residents with a median age of 46.6 years.The median household income is $115,833, which reflects a relatively affluent area with strong earning potential. 48.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 68.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, La Palma offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve La Palma?

5 schools tracked · 4,331 students

The largest public schools serving La Palma, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

John F. Kennedy High

Grades 9-12 · 2,024 students

Public

Walker Junior High

Grades 7-8 · 845 students

Public

Los Coyotes Elementary

Grades K-6 · 576 students

Public

George B. Miller Elementary

Grades K-6 · 499 students

Public

Steve Luther Elementary

Grades K-6 · 387 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near La Palma, CA?

Want a head-to-head view? Compare La Palma side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in La Palma?

The median home sale price in La Palma is $1.05M, down 17.6% from last year.

How long do homes stay on market in La Palma?

Homes typically spend 35 days on market before going under contract.

What is the median income in La Palma?

The median household income is $115,833 per year.

Is La Palma a buyer's or seller's market?

With 1.5 months of supply, La Palma is currently a strong seller's market.

What is the Zillow home value estimate for La Palma?

The Zillow Home Value Index (ZHVI) for La Palma is $1.20M, representing the typical home value in the area.

How much does a single-family home cost in La Palma?

The median single-family home price in La Palma, CA is $1.05M (about $614 per square foot).

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