View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /California
  4. /Palmdale, CA - 93591

Palmdale, CA—93591

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$390,000
0.2% YoY Growth
Household Income
$60,900
31.7% YoY Growth
Days on Market
49
70.0% Longer YoY
Home Price Forecast
0.7%
Median Rent
$2,400
4.8% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$2,400
10.4% YoY Growth

Other Zip Codes in Palmdale, CA

935509355193552
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Palmdale, CA

As of May '26, the median home price in Palmdale, CA is $390,000, with a year-over-year change of 0.2%. This indicates that home prices in Palmdale, CA are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$390,0000.2%
Single Family $390,0000.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$321,0000.9%
    3 Bed
    		$388,0000.5%
    4 Bed
    		$414,0001.0%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    0.3%
    2 Bedrooms
    9.3%
    3 Bedrooms
    72.6%
    4 Bedrooms
    13.3%
    5+ Bedrooms
    3.7%

    Rental Trends — Palmdale, CA

    As of July '25, Rentcast reports the average rent in Palmdale, CA is $2,420, with a year-over-year rent change of 4.8%. Per bedroom, the median rent as of July '25 in Palmdale, CA is 3-bedrooms: $2,550, 4-bedrooms: $2,150. The most common rental property sizes in Palmdale, CA are 3-bedroom and 2-bedroom, accounting for 69.8% and 18.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,400$2,420
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $2,400$2,550
    4 Bed Rent $2,000$2,150
    Loading chart...

    % of Rental Stock

    2 Bedrooms
    18.5%
    3 Bedrooms
    69.8%
    4 Bedrooms
    11.6%

    Property Listings — Palmdale, CA

    As of May '26, Realtor.com reports that the median days on market for a home in Palmdale, CA is 49. This is a increase of 70.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$419,0001.0%
    Listing Count
    		380.0%
    Listings as % of Homes1.8%0.0%
    Days on Market
    		4970.0%
    Loading chart...

    Demographics — Palmdale, CA

    As of the latest ACS Survey released in 2023, Palmdale, CA has a population of 7,530, which has increased by 14.5% over the past 5 years. Palmdale, CA is a popular place for families, as children make up 34.8% of the population. The area has a poorly educated workforce, with 9.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,53014.5%
    % Under 18
    		34.8%14.9%
    % Seniors
    		8.2%-25.5%
    % WFH
    		9.0%45.2%
    % w/ College Degree
    		9.9%25.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Palmdale, CA is a predominantly hispanic area, with 70.1% of the population identifying as hispanic. The hispanic population has grown by 16.6% in the last 5 years. The second most common race or ethnicity in Palmdale, CA is white, making up 18.2% of the population. Foreign-born residents account for 15.4% of the population in Palmdale, CA, and this percentage has decreased by 20.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		18.2%-35.0%
    % Black
    		6.0%-39.4%
    % Hispanic
    		70.1%16.6%
    % Asian
    		2.3%187.5%
    % Foreign Born
    		15.4%-20.2%
    Loading chart...

    Mortgage and Risk — Palmdale, CA

    According to HUD data as of 2023, there were 104 mortgage originations in Palmdale, CA, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 49.0% above 90% LTV (very high). This implies large mortgage risk in Palmdale, CA. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		104
    % Conventional Loans
    		47.0%
    % Government Loans
    		53.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		18.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Palmdale, CA

    Palmdale, CA lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		48
    Total Units Section 8
    		48
    % Rentals under Section 8
    		10.6%
    % Occupied Section 8
    		88.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,810
    2 BedroomN/AN/A$2,290
    3 Bedroom$540$2,400$2,940
    4 Bedroom$1,240$2,000$3,240

    Affordability — Palmdale, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.2
    Median Home Price$390,000
    Median Household Income$60,900

    Palmdale, CA — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Llano, CA

    93544

    Lancaster, CA

    93535

    Pearblossom, CA

    93553

    Littlerock, CA

    93543

    Paradise Springs, CA

    93563

    Frequently Asked Questions