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Palmdale housing market: home prices, trends and forecast

Palmdale home prices: in September 2026, the Zillow Home Value Index, 0% year over year, valued the typical home in Palmdale, California at $498,854, which was −2.6% below its $512,138 peak in December 2024.

Value of a typical home
$498,854
September 2026, Zillow ZHVI
Change over 12 months
0%. measured since September 2025.
Change over 10 years
+97.6%. measured since September 2016.
Multiple since the year 2000
The multiple is ×4.2. The starting value was $118,624.
Time on the market
55
Realtor.com, Los Angeles, CA metro.

Palmdale home prices since 2000

Steel shows Palmdale, while grey shows the United States. Beginning in January 2000, the typical Palmdale home rose from $118,624 to $498,854, or ×4.21. Over those same months, the US figure was ×2.99. The boom high was $357,129 in February 2007, followed by a low of $140,232 in May 2012 after a 60.7% fall.

$100k$200k$300k$400k$500k$600k200020052010201520202025Jan 2000 · $118,624$366,157$498,854Sep 2026PalmdaleUnited States$100k$200k$300k$400k$500k$600k200020102020Jan 2000 · $119k$366k$499kSep 2026
Zillow Home Value Index for a typical home, with smoothing and seasonal adjustment. Zillow Research data
January 2000 · $118,624

Palmdale median home price by year

Each yearly figure averages the twelve monthly values. For 2026, the latest month is shown.

YearPalmdaleChange on the yearUnited States
2000$123,737$125,745
2001$138,899+12.3%$134,899
2002$156,543+12.7%$144,276
2003$185,321+18.4%$155,308
2004$235,582+27.1%$169,891
2005$300,502+27.6%$189,732
2006$347,547+15.7%$206,531
2007$346,642−0.3%$208,449
2008$262,291−24.3%$195,574
2009$166,505−36.5%$177,542
2010$152,671−8.3%$171,462
2011$147,485−3.4%$162,508
2012$142,961−3.1%$161,137
2013$171,191+19.7%$171,420
2014$209,667+22.5%$182,996
2015$226,924+8.2%$192,738
2016$247,325+9.0%$204,509
2017$274,622+11.0%$216,767
2018$309,755+12.8%$230,541
2019$328,188+6.0%$242,088
2020$351,245+7.0%$257,151
2021$426,280+21.4%$295,959
2022$493,015+15.7%$340,014
2023$483,036−2.0%$348,160
2024$504,278+4.4%$359,751
2025$502,993−0.3%$362,959
September 2026$498,8540%$366,157

Current value of a Palmdale home bought in any year

This estimate uses an index for a typical home and is not an appraisal.

Each year's figure averages its twelve monthly index values. The current value is September 2026. Other options: home appreciation calculator.

Are you thinking of selling? Compare local agents through Realtor.com. Advertising disclosure: links like this one may pay the site, but they never change a number. Disclosure.

Palmdale housing market forecast

Zillow's forecast puts the Los Angeles, CA metro up +1.9% during the 12 months beginning in September 2026. It also shows a −1.0% change over the next three months. Based on Palmdale's typical value of $498,854, the forecast would put it close to $508,300 a year on.

This is Zillow's central forecast for the metro, repeated here. The site does not publish its own forecast. Such a 12-month forecast has usually differed from the actual change by several percentage points, either above or below. This is not investment advice.

Housing market forecast brings every metro forecast into one table.

Palmdale housing market crash risk score

56 out of 100, high

The ranking of Palmdale against 292 cities uses five conditions that ran high before earlier price falls The other cities provide the comparison for each input's 0 to 100 placement, and all five ranks carry equal weight in the average. It shows current conditions; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019−2.1%4320%
Time on the market vs 2019+10.0%6320%
Price-to-rent ratio15.02720%
Price-to-income ratio6.88120%
12-month price change0%6520%

This is not investment advice. Find out how the inputs are scored: methodology. Every one of the 292 cities is ranked: city crash risk.

Palmdale inventory and days on market

In September 2026 the Los Angeles, CA metro counted 20,130 homes for sale, up 4.2% from a year earlier and down 2.1% from the same month in 2019. Listings sold in a median of 55 days (+10.0% against 2019), while 17.1% had a price cut.

Los Angeles, CA metro, September 2026ValueOn a year
Active listings20,130+4.2%
New listings7,762
Median days on market55−3.5%
Median list price$1,034,500−5.9%
Share with a price cut17.1%

Metro inventory comes from Realtor.com® Economic Research. Realtor.com data. For every metro: days on market by city.

Palmdale rent and living costs

The Zillow Observed Rent Index puts the typical asking rent in Palmdale at $2,780 a month, +2.3% on a year. That rent would take 15.0 years to cover the price of the typical home. Census ACS 2024 places median household income at $73,517. At that income, the typical home equals 6.8 times a year's earnings. BEA gives the metro a price index of 113.6, compared with a US average of 100, and a housing cost index of 170.4.

More housing markets in California

Statewide coverage: California housing market.

How to read the chart

Every plotted point represents the Zillow Home Value Index for Palmdale, which values a typical home in the market's middle third after smoothing and seasonal adjustment, measured in dollars for that month. The hollow circle shows the month selected on the slider, while the terracotta circle shows the latest month. Inflation is not included in these figures. An index tracks a typical home rather than one particular house, so use the card above or the home appreciation calculator to calculate one home's value from its sale price.