Zip 93551 (Palmdale, CA) Housing

The housing market in 93551 Palmdale, CA is quite different from the national average. The median value of homes in 93551 Palmdale, CA is $559,400 which is significantly higher than the US median of $338,100. However, the appreciation rate for homes in Palmdale is much lower than the national average. Over the past year, home values appreciated by only 3.84% compared to 8.27% nationwide. This could be indicative of a less vibrant real estate market in Palmdale compared to other parts of the country.

The median home cost in Palmdale (zip 93551) is $559,400. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Palmdale (zip 93551) is up 11.6%.

Average Age of Homes

- The median age of Palmdale (zip 93551) real estate is 24 years old

The Rental Market in Palmdale (zip 93551)

- Renters make up 20.5% of the Palmdale (zip 93551) population
- 0.9% of houses and apartments in Palmdale (zip 93551), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Palmdale, California	United States
	17,663.0	139,647,020.0
	28	42
	$559,400	$338,100
	11.6%	16.6%
	65.5%	57.0%
	182.0%	101.1%
	$7.23	$10.98
	$4,601	$2,690
	72.8%	57.4%
	4.8%	11.2%
	22.4%	31.4%
Vacant Housing
	0.9%	1.9%
	0.7%	0.4%
	0.1%	0.7%
	0.3%	0.4%
	0.9%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.8%	2.4%
	0.8%	2.8%
	1.2%	3.9%
	0.4%	4.5%
	1.9%	11.3%
	1.0%	13.0%
	9.5%	20.1%
	30.7%	13.6%
	29.0%	8.3%
	19.7%	9.7%
	2.7%	3.9%
	1.5%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	28.5%	13.6%
	28.5%	13.6%
	26.0%	13.6%
	23.4%	13.2%
	6.8%	14.8%
	26.0%	13.6%
	5.9%	10.0%
	0.8%	4.7%
	1.0%	12.2%

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