Palmdale, CA Home Values & Market Trends
Real estate market trends reflect that there have been 1,735 transactions over the past year in Palmdale. The median value for residential home transactions that occurred over the previous year is $493,445.58. The number of current listings in Palmdale is 412, and the percentage of properties for sale in the city is 412.00%. Palmdale, CA currently has 239 properties in foreclosure, 8 bank owned properties, 48 properties headed for auction, and 412 properties for sale.
Palmdale, CA Real Estate Market Overview
Housing Market Summary for Palmdale, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $478.3K | $490.1K | 2.48% |
| Median Sold Price | $509K | $490.1K | -3.71% |
| Homes For Sale | 332 | 414 | 24.70% |
| Homes Sold | 1,259 | 1,337 | 6.20% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Palmdale, CA
Browse Homes in Palmdale, CA
Palmdale home values range from $104,360 to $3,237,000. The median estimated value of a home in Palmdale is $493,445.58. The median list price of a home is 507,995, and the total count of properties in the city is 45,040.
- Pre-ForeclosurePre-foreclosure homes account for 0.41% of all residential properties in Palmdale, CA with 93551 containing 74 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Palmdale, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,089,387 in 93591 to the lowest home value of $255,750 in 93550.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Palmdale, CA ranges from the highest value of $647,400 in 93551 to the lowest value of $313,260 in 93591. Bank owned homes and properties account for 0.02% of properties in Palmdale, CA. There are 5 zips within Palmdale, CA; 93552 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions93551 has 19 auction properties, the highest number of properties going to auction in a single zip in the state of Palmdale, CA. Auction homes and other auction properties account for 0.11% of all properties in Palmdale, CA. There are 5 zips within Palmdale, CA; of those zips, the median estimated home value for homes going to auction ranges from $1,316,000 in 93551 to the lowest value of $257,000 in 93551.
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More Real Estate Resources for Palmdale, CA
Guide for Palmdale, CA
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