Palmdale, CA Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Is Palmdale a good place to live? ›

Palmdale is suburbia perfect for those looking for that middle-class vibe without the exorbitant prices. It is a city working on itself with new properties bringing in growing families.

Palmdale, CA Housing Market. The Palmdale housing market is very competitive. Homes in Palmdale receive 1 offers on average and sell in around. The median sale price of a home in Palmdale was $520K last month, up 7.7% since last year.

In terms of listing sources, Zillow offers a broader variety of FSBO options, while Realtor.com ensures data accuracy with its focus on licensed agents, impacting potential buyer reach for each platform.

What are the best neighborhoods in Palmdale? Some of the best neighborhoods in or around Palmdale, California are Rancho Vista, Anaverde and Antelope Valley Country Club Estates. Consider buying or renting a home in one of these popular neighborhoods. Is this area right for me?

The problem is: Palmdale itself is no longer affordable. As the housing crisis continues, Angelenos have moved further and further outside of city centers only to find that housing in those areas is now unaffordable. In fact, 56% of renters in both Palmdale and Los Angeles (city) are rent-burdened.

The median home price in Palmdale is $555,000 with a median price per sqft of $282. The cost of living index for housing estimates the cost of housing in Palmdale to be 235.2% of the national average. This makes it one of the most expensive cities in the US.

About. In 2022, Palmdale, CA had a population of 167k people with a median age of 33 and a median household income of $78,414.

Why does Realtor.com provide multiple estimates? Since many input sources go into each calculation, property value estimates can vary from one source to the next. Although no automated model is 100 percent accurate, viewing data from multiple sources gives you a more complete picture of a home's potential value.

How accurate is the Zestimate? The nationwide median error rate for the Zestimate for on-market homes is 2.4%, while the Zestimate for off-market homes has a median error rate of 7.49%.

Why do people move to Palmdale? ›

The pressure to afford living in greater Los Angeles causes many to relocate outside of Los Angeles (city) to more affordable neighboring cities like Palmdale and Lancaster in the Antelope Valley. Life in Palmdale promises affordable housing for families, a slower pace of life, and stunning desert views.

The 5 largest ethnic groups in Palmdale, CA are Other (Hispanic) (30.6%), White (Hispanic) (17.7%), White (Non-Hispanic) (17.6%), Two+ (Hispanic) (12.9%), and Black or African American (Non-Hispanic) (11.8%).

The report shows Palmdale, a city in north Los Angeles County known for its aerospace history, added 3,306 high-income households between 2021 and 2022 — a 119.4% increase. Broken down, that meant 13.6% of the city's households were earning $200,000 or more annually, more than double the 6.2% reported in 2021.