Palmdale Housing Market Report – July 2026

Here's a look at how the Palmdale, CA real estate market performed in July 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 174
  • Median Sale Price: $465,000
  • Average Sale Price: $439,930
  • Average Price Per Sq Ft: $283
  • Average Days on Market: 99
  • Sale-to-List Price Ratio: 97.9%

Month-Over-Month Trends

Compared to June, the median sale price in Palmdale moved 2.1% down (from $475,000 to $465,000). The number of homes sold was 10.8% up compared to the prior month (157 vs. 174). Average days on market shifted 1.0% down (100 days to 99 days).

Year-Over-Year Comparison

Compared to July 2025, the median sale price is 9.7% down (from $515,000 to $465,000). Sales volume is 17.6% up year-over-year.

What This Means

Palmdale's housing market is showing mixed signals as we head into late summer. While sales volume jumped nearly 11 percent month-over-month to 174 homes, the more telling story lies in pricing and inventory dynamics. The median price dipped 2.1 percent from June, continuing a year-long downward trend that's seen values fall nearly 10 percent since July 2025. Homes are still moving reasonably quickly at 99 days on market and selling at 97.9 percent of list price, suggesting steady buyer interest despite softer pricing. However, the gap between median and average sale prices hints at a sales mix skewed toward lower-priced properties.

The real concern is the inventory situation. With 1,389 active listings and a median asking price of $339,999, sellers appear to be adjusting expectations to match market reality. The fact that active listings are sitting an average of 192 days before selling shows how much slower the higher-priced inventory is moving compared to the faster-turning homes in the $400,000-$500,000 range. For buyers, this represents genuine negotiating power and selection. For sellers, especially those with premium properties, patience and realistic pricing have become essential strategies in what's clearly a buyer-friendly market.

Palmdale Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
93551 70 $569,950 $267 82
93550 61 $450,000 $311 103
93552 24 $465,000 $262 108
93591 16 $37,500 $296 154
93553 2 $350,000 N/A 52
93543 1 $58,000 N/A 75

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 132 $517,500 $293
LAND 26 $50,500 N/A
MOBILE 8 $177,500 $122
CONDOS 4 $334,000 $272
OTHER 2 $35,250 N/A
TOWNHOMES 2 $445,000 $256

Sales by Price Range

Price Range Homes Sold
Under $100K 23
$100K - $199K 6
$200K - $299K 6
$300K - $399K 15
$400K - $499K 48
$500K - $749K 67
$750K+ 9

Current Active Listings

As of this report, there are 1,389 active listings in Palmdale with a median asking price of $339,999 and an average of 192 days on market.

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