The story of this market
The typical home in ZIP 93551 sells for about $620,000, or $264 per square foot.
Prices are up +1.6% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,800 a month.
ZIP 93551 — Palmdale
The 93551 housing market shows moderate growth with a median price of $620,000, reflecting a 1.6% year-over-year increase. Market activity remains steady with 158 homes sold in the most recent period, though days on market have slightly increased to 45. The area continues to attract families looking for suburban space, supported by the local aerospace-driven economy.
This ZIP is well-suited for family buyers and commuters seeking more affordable housing options compared to the Los Angeles basin, while accepting longer commute times.
Median prices moved up 1.6% year over year.
Homes spend a median of 45 days on market with 2.3 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 6.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 93551, Los Angeles County, CA
The area is served by the Palmdale School District and Antelope Valley Union High School District, with schools generally reflecting the suburban character of the Antelope Valley.
The region faces risks related to wildfire and high wind events common to the high desert environment of northern Los Angeles County.
Economic momentum is driven by aerospace and defense industry anchors in the Antelope Valley, with ongoing residential development in the Palmdale periphery.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%). County (Los Angeles County, California) — County Assessment Roll: Requires all real property to be appraised by the County Assessor to establish an assessed value, which serves as the basis for all property tax levies.
Commuters typically face long drives via the Antelope Valley Freeway (SR-14) toward employment centers in the Santa Clarita Valley and the greater Los Angeles basin.
The area features access to high desert parks, local golf courses, and proximity to the Angeles National Forest for outdoor recreation.
The rental market is characterized by steady demand from families and commuters, with limited vacancy pressure compared to the Los Angeles urban core.
The economy is heavily influenced by the aerospace industry, including major employers like Lockheed Martin and Northrop Grumman in the nearby Palmdale/Lancaster area.
Transportation is primarily highway-dependent via SR-14, with limited public transit options for long-distance commuting.
Development is focused on suburban residential expansion and supporting commercial infrastructure along major corridors.
The Los Angeles County Assessor manages property valuations under state-mandated assessment cycles.
Parcels are subject to various special districts including school, water, and flood control districts typical of Los Angeles County.
Property insurance premiums are rising due to increased wildfire risk exposure in the high desert region.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- DryTown Water Park4.57.4 mi
- Chuck E. Cheese3.86.7 mi
- Sky Zone Trampoline Park3.81.8 mi
- Imagine City4.61.8 mi
- Willow Springs International Raceway4.719.6 mi
- Bloom Ranch of Acton59.4 mi
- AV Fair & Event Center4.48.8 mi
- Rancho Vista Golf Club4.32 mi
- Transplants Brewing Company4.82.8 mi
- Vasquez Rocks Natural Area and Nature Center4.810.8 mi
- Cinemark Lancaster IMAX and SCREENX4.57.5 mi
- Cinemark Antelope Valley Mall4.51.8 mi
- Apollo Community Regional Park4.610.2 mi
- Sgt. Steve Owen Memorial Park4.55.2 mi
- Blackbird Airpark4.75.5 mi
- Museum of Art and History4.67.5 mi
- Joe Davies Heritage Airpark4.75.4 mi
- MOAH:CEDAR4.57.6 mi
- The Gabriel Fernandez Memorial Site4.93.4 mi
- Angeles National Forest4.712.6 mi
- Vasquez Rocks Natural Area and Nature Center4.810.8 mi
- Thousand Trails Soledad Canyon3.810.5 mi
- Apollo Community Regional Park4.610.2 mi
- Sgt. Steve Owen Memorial Park4.55.2 mi
- Lake Palmdale4.34.5 mi
- Lake Palmdale4.34.5 mi
- Rancho Vista Golf Club4.32 mi
- Antelope Valley Country Club4.42.5 mi
- Desert Aire Golf Course4.36.7 mi
- Antelope Valley Mall4.21.8 mi
- WinCo Foods4.35.8 mi
- Vallarta Supermarkets4.27.7 mi
- Dillard's4.41.9 mi
- Ross Dress for Less4.25.7 mi
- Hollywood Burbank Airport4.429.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Community park with sports fields and playgrounds.
Features a swimming pool and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.