The Palms housing market is somewhat competitive. The median sale price of a home in Palms was $1.5M last month, up 40.6% since last year. The median sale price per square foot in Palms is $892, up 15.2% since last year.
In March 2024, Palms home prices were up 40.6% compared to last year, selling for a median price of $1.5M. On average, homes in Palms sell after 60 days on the market compared to 64 days last year. There were 23 homes sold in March this year, up from 16 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,504,000
+40.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palms, CA
$1,504,000
+40.6%
United States
To compare other locations to the Palms and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Los Angeles add value to a home.
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How hot is the Palms housing market?
Palms is somewhat competitive. Homes sell in 49 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 49 days.
Hot homes
can sell for about 1% above list price and go pending in around 28 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Charnock Road Elementary School
Public • K-5
343
Students
21 reviews
7/10
Linwood E. Howe Elementary School
Public • K-5
601
Students
40 reviews
5/10
La Ballona Elementary School
Public • K-5
595
Students
30 reviews
4/10
Palms Elementary School
Public • K-5
311
Students
37 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palms housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palms.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palms has a moderate risk of flooding. 280 properties in Palms are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Palms. Flood risk is increasing slower than the national average.