Market Overview
Home Prices in Palmdale, CA
The median home value in Palmdale, CA is $505,741 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.2% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palmdale are priced23% above average. Palmdale is part of the Los Angeles-Long Beach-Anaheim, CA metro area.
Over the past five years, Palmdale home values have risen by approximately18.5%, reflecting steady appreciation in this market.
Price History
Palmdale Home Price Trend
City Comparison
Palmdale vs. National Median
At $505,741, homes in Palmdale cost 23% above the national median of $410,000. Buyers in Palmdale should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Palmdale?
20% Down Payment
$101,148
on $505,741
Monthly P&I
$2,638/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,350/mo
incl. taxes & insurance
Income Needed
$134,000
gross annual (30% rule)
10% Down Option
$50,574
+ PMI applies
Loan Amount (20% dn)
$404,593
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Palmdale, CA?
The median home value in Palmdale is $505,741 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.2% year-over-year.
How much have home prices changed in Palmdale?
Over the past year, home values in Palmdale have decreased by 0.2%. Over five years, prices have risen approximately 18.5%.
How much do I need to earn to buy a home in Palmdale?
To comfortably afford the median home price of $505,741 with a 20% down payment ($101,148) at today's rates (6.8%), you'd need a gross annual income of approximately $134,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Palmdale compare to the national average home price?
The national median home value is approximately $410,000. At $505,741, homes in Palmdale are 23% above the national average.
What metro area is Palmdale part of?
Palmdale is part of the Los Angeles-Long Beach-Anaheim, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.