Palmdale, CA Housing Market
Median List Price
$549,500
Updated August 2026
Today, Palmdale has 359 homes for sale at a median list price of $549,500, typically selling in about 50 days.
Palmdale Market Analysis
Homes in Palmdale, CA carry a median list price of $549,500. Median pricing works out to $282 per square foot. The median price moved from $520,000 in February to $530,000 in July, a 1.9% increase over six months.
The typical listing reaches pending status in about 21 days. Right now 359 homes are on the market in Palmdale, CA. 104 new listings came on the market in the last 30 days.
Seven bedroom homes carry the highest medians at $1.1M, with two bedroom homes starting the range at $385,000. Single family homes make up about 93.6% of current inventory. Palmdale, CA covers the 93551, 93550, 93552, and 93591 ZIP codes.
Palmdale Rental Market
Rentals in Palmdale, CA carry a median asking rent of $3,000. The median rent moved from $3,100 in February to $2,745 in July, an 11.5% decrease over six months. Right now 44 rentals are on the market in Palmdale, CA.
Palmdale Market Pulse
Topfind Market Read
The picture is mixed here. Sales volume is up 26% versus six months ago, yet 41% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$550K
↑ 0% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.9 months of supply
Balanced Supply359 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~50 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 15% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 53% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Palmdale
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
66%
Homeowners
34%
Renters
Homeownership is 10.5 points higher than the California average (55.5%)
46,502 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $51K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$183K)
Price Reductions
147 listings have reduced their price
41% of active listings
Average reduction: 5.6% (~$31K)
Browse Palmdale Listings
Frequently Asked Questions about the Palmdale, CA Housing Market
What is the median home price in Palmdale, CA?
The median list price in Palmdale is $549,500 as of August 2026, based on 359 active listings.
Is Palmdale a buyer's market or a seller's market?
Palmdale currently reads as a balanced market. Active inventory works out to about 4.9 months of supply at the recent sales pace.
How fast do homes sell in Palmdale?
Homes that closed in the last 90 days typically went under contract in about 21 days. The average home currently for sale has been on the market for 50 days.
Are home prices in Palmdale going up or down?
The median sale price in Palmdale is roughly flat compared with a year ago.
How many homes are for sale in Palmdale, CA?
There are 359 homes for sale in Palmdale right now, including 25 listed within the last week.
What is the median rent in Palmdale?
The median asking rent in Palmdale is $3,000 per month, across 44 active rental listings.