The housing market in 93552 Palmdale, CA is slightly below the national median value at $456,600. Despite this difference, the one-year house appreciation rate for the area was 3.84%, which although lower than the US average of 8.27%, still indicates that there has been some growth in the housing market. The appreciation rate suggests that Palmdale is an affordable area to consider when looking to buy a home and that investments can be made with confidence for potential returns.
The median home cost in Palmdale (zip 93552) is $456,600. Home appreciation the last 10 years has been 182.0%. Home Appreciation in Palmdale (zip 93552) is up 11.6%.
Average Age of Homes
- The median age of Palmdale (zip 93552) real estate is 23 years old
The Rental Market in Palmdale (zip 93552)
- Renters make up 26.2% of the Palmdale (zip 93552) population
- 0.3% of houses and apartments in Palmdale (zip 93552), 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.