Palmdale, CA Housing Market
The Palmdale housing market is very competitive. Homes in Palmdale receive 1 offers on average and sell in around 38 days. The median sale price of a home in Palmdale was $490K last month, down 0.91% since last year. The median sale price per square foot in Palmdale is $280, up 14.5% since last year.
Palmdale Housing Market Trends
In March 2024, Palmdale home prices were down 0.91% compared to last year, selling for a median price of $490K. On average, homes in Palmdale sell after 38 days on the market compared to 49 days last year. There were 112 homes sold in March this year, down from 122 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Palmdale housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 38 days.
- Hot homescan sell for about 2% above list price and go pending in around 14 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 38 days.
- Hot homescan sell for about 1% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 71 days.
- Hot homescan sell for about 1% above list price and go pending in around 14 days.
Palmdale Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Palmdale from outside metros.
- San Francisco homebuyers searched to move into Palmdale more than any other metro followed by New York and Seattle.
- 80% of Palmdale homebuyers searched to stay within the Palmdale metropolitan area.
- San Diego was the most popular destination among Palmdale homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,520 | ||
2 | 1,547 | ||
3 | 1,038 | ||
4 | 572 | ||
5 | 121 | ||
6 | 17 | ||
7 | 6 | ||
8 | 6 | ||
9 | 6 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 11,368 | ||
2 | 6,417 | ||
3 | 3,920 | ||
4 | 3,697 | ||
5 | 2,691 | ||
6 | 1,694 | ||
7 | 1,681 | ||
8 | 1,429 | ||
9 | 1,333 | ||
10 | 1,245 |
Home offer insights for Palmdale
Recent offers
View houses in Palmdale that sold recently
Recently sold homes
- $515,000 Last Sold Price4 beds3 baths1,705 sq ft534 Bayberry St, Palmdale, CA 93550List Price$515,000Sale to List0% over listDays on Market29 days534 Bayberry St, Palmdale, CA 93550
- $99,000 Last Sold Price—beds—baths—sq ft47th East & Ave T-12, Palmdale, CA 93552List Price$99,900Sale to List1% under listDays on Market683 days47th East & Ave T-12, Palmdale, CA 93552
- $485,000 Last Sold Price3 beds2 baths1,461 sq ft38229 Mentor Ct, Palmdale, CA 93550List Price$459,990Sale to List5% over listDays on Market102 days38229 Mentor Ct, Palmdale, CA 93550
- $535,000 Last Sold Price3 beds2.5 baths1,663 sq ft37356 Downing St, Palmdale, CA 93550List Price$495,000Sale to List8% over listDays on Market35 days37356 Downing St, Palmdale, CA 93550
- $435,000 Last Sold Price3 beds2 baths1,549 sq ft38216 42nd St E, Palmdale, CA 93552List Price$435,000Sale to List0% over listDays on Market212 days38216 42nd St E, Palmdale, CA 93552
- $37,000 Last Sold Price—beds—baths—sq ft0 210th St. E. Largo Vista Rd/ Ave P-8 St, Palmdale, CA 93591List Price$40,000Sale to List7% under listDays on Market46 days0 210th St. E. Largo Vista Rd/ Ave P-8 St, Palmdale, CA 93591
- $400,000 Last Sold Price2 beds2 baths937 sq ft37140 Marye Margo Cir, Palmdale, CA 93550List Price$390,000Sale to List3% over listDays on Market37 days37140 Marye Margo Cir, Palmdale, CA 93550
- $590,000 Last Sold Price5 beds3.5 baths3,422 sq ft38256 Orchid Ln, Palmdale, CA 93552List Price$604,000Sale to List2% under listDays on Market117 days38256 Orchid Ln, Palmdale, CA 93552
See all recently sold homes in Palmdale.
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Schools in Palmdale
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Gregg Anderson Academy Public • K-8 | 913 Students | 11 reviews |
7/10 Cottonwood Elementary School Public • K-6 | 551 Students | 12 reviews |
6/10 Rancho Vista Elementary School Public • K-6 | 810 Students | 12 reviews |
6/10 Quartz Hill Elementary School Public • K-6 | 854 Students | 12 reviews |
6/10 Los Amigos School Public • K-8 • Choice school | 945 Students | 6 reviews |
Climate's impact on Palmdale housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Palmdale.
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Fire Factor - Extreme
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Wind Factor - Minimal
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Heat Factor - Major
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Transportation in Palmdale
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