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Featured local agent — Palmdale, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Palmdale, CA

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

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

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Palmdale, CA Housing Market & Real Estate

Seller's market+3.3% YoY

Housing market overview · Updated monthly ·

$535,000median sale price

How is the Palmdale, CA housing market right now?

The median home sale price in Palmdale, CA is $535,000, up 3.3% year-over-year. Homes sell in an average of 43 days with 350 active listings. The market is currently a 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 Palmdale a buyer's or seller's market?

Seller's market3.3 months of supply43 avg. days on market

Palmdale, CA is currently a seller's market, based on 3.3 months of supply and homes selling in about 43 days. How we determine this →

Homes sold

105

Last 12 weeks

Days on market

43

Average pace

Active listings

350

3.3 months supply

Sale-to-list

100.3%

Above asking

What does the Palmdale housing market data show?

Current housing market statistics for Palmdale, CA
MetricValue
Median sale price$535,000
Median list price$548,500
Year-over-year price change+3.3%
Average days on market43 days
Active inventory350 listings
Months of supply3.3 months
Sale-to-list price ratio100.3%
Median price per sq ft$291/sq ft
Homes sold (latest month)105
New listings (latest month)143
Listings with a price cut20.9%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Palmdale by property type?

How the Palmdale, 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 Palmdale, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$537,000$291/sq ft10144 days
Condo / Co-op$420,000$277/sq ft325 days
Townhouse$364,000$279/sq ft1261 days

Source: Redfin · Updated monthly

The Palmdale housing market is currently classified as a seller's market with a median sale price of $535,000. Prices have risen 3.3% compared to last year, with homes spending an average of 43 days on market, indicating 3.3 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 6.2x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Palmdale

There are currently 350 homes listed for sale in Palmdale, California. The median listing price is $549K.

Active listings

350

Homes on market

Median list price

$549K

Avg. days on market

43

Days until sale

New this week

143

Newly listed

Price drops:20.9%of listings
Sale-to-list:100.3%

Who lives in Palmdale?

Population

165,487

Median income

$81,151/yr

Median age

33.2 years

Owner-occupied

66.2%

College grads

16.6%

Avg commute

41.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Palmdale?

Zillow home value

$503,925

Zillow rent index

$2,743/mo

Price-to-rent ratio

15.3x

Price-to-income

6.2x

Source: Zillow Research

What is it like to live in Palmdale?

Palmdale is a community of approximately 165K residents with a median age of 33.2 years.The median household income is $81,151, which reflects a relatively affluent area with strong earning potential. 16.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 66.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 41.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Palmdale offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Palmdale?

44 schools tracked · 35,614 students

The largest public schools serving Palmdale, 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.

Highland High

Grades 9-12 · 2,778 students

Public

William J. (Pete) Knight High

Grades 9-12 · 2,520 students

Public

Palmdale High

Grades 9-12 · 2,358 students

Public

Palmdale Aerospace Academy

Grades K-12 · 2,213 students

Charter

Antelope Valley Learning Academy

Grades K-12 · 1,057 students

Charter

Hillview Middle

Grades 6-8 · 1,029 students

Public

Los Amigos - Dual Immersion

Grades K-8 · 1,025 students

Alternative

Desert Willow Fine Arts Sci and Tech Magnet Acad

Grades 6-8 · 1,020 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 Palmdale, CA?

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

Is Palmdale a good real estate investment market?

For investors evaluating Palmdale, the price-to-rent ratio of 15.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.3% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Palmdale's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Palmdale's median home price.

Frequently asked questions

What is the average home price in Palmdale?

The median home sale price in Palmdale is $535,000, up 3.3% from last year.

How long do homes stay on market in Palmdale?

Homes typically spend 43 days on market before going under contract.

What is the median income in Palmdale?

The median household income is $81,151 per year.

Is Palmdale a buyer's or seller's market?

With 3.3 months of supply, Palmdale is currently a seller's market.

What is the Zillow home value estimate for Palmdale?

The Zillow Home Value Index (ZHVI) for Palmdale is $503,925, representing the typical home value in the area.

What is the median condo price in Palmdale?

The median condo/co-op sale price in Palmdale, CA is $420,000, compared to $537,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Palmdale?

The median single-family home price in Palmdale, CA is $537,000 (about $291 per square foot).

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