Palms home prices and affordability, 2019 to 2025
The median Palms sale went from $1,160,000 in 2019 to $1,105,000 in 2025, and with higher mortgage rates, buying the median home there now takes $1,248 more a month.
How prices moved
The median sale fell about 5%
The median Palms sale went from $1,160,000 in 2019 to $1,105,000 in 2025, a fall of about 5%. The median LA County sale rose about 44% over the same years.
Our own index has too few sales in Palms to give a figure, so this section leads with the median sale. The median moves with which homes happened to sell as well as with prices.
See LA County home prices by neighborhoodWhat it costs to buy now
$1,248 more a month than in 2019
With 20% down on the median sale, the monthly mortgage payment went from $4,398 in 2019 to $5,646 in 2025. Lower prices took $244 off, and the higher mortgage rate, 6.60% against 3.94% added $1,492.
The 20% down payment fell from $232,000 to $221,000.
Compare the neighborhoods next door
Palmstoo few sales for our own index
- Prices since 2019
- —
- Payment in 2025
- $5,646
- Rise a month
- +$1,248
Cheviot Hillstoo few sales for our own index
- Prices since 2019
- —
- Payment in 2025
- $14,611
- Rise a month
- +$5,321
Rancho Parktoo few sales for our own index
- Prices since 2019
- —
- Payment in 2025
- $8,047
- Rise a month
- +$2,265
- Prices since 2019
- +18%
- Payment in 2025
- $5,620
- Rise a month
- +$1,856
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What would Palms cost you?
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Monthly mortgage payment: principal and interest on a 30-year fixed loan on each neighborhood’s 2025 median sale; taxes and insurance not included.
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Create a free accountA model-generated estimate and analytical context, not investment advice. The estimated value comes from an automated valuation model (AVM). An AVM is an estimated sale price for a property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice.
Questions about Palms
How much have Palms home prices changed since 2019?
Our own index has too few sales in Palms to give a figure. The median sale went from $1,160,000 to $1,105,000.
How much does it cost to buy a home in Palms?
The median Palms home sold for $1,105,000 in 2025. With 20% down, $221,000, and a 30-year fixed loan at 6.60%, the monthly mortgage payment comes to $5,646 before taxes and insurance.
What income do you need to buy in Palms?
About $226,000 a year for the median Palms home, by a common rule of thumb that keeps the monthly mortgage payment at 30% of gross income. The same rule gave $176,000 in 2019. Lenders apply their own tests, and taxes and insurance come on top of the payment.
How much has the monthly mortgage payment in Palms changed since 2019?
The monthly mortgage payment on the median Palms home rose $1,248, from $4,398 in 2019 to $5,646 in 2025. Lower prices took $244 off, and the higher mortgage rate, 3.94% to 6.60%, added $1,492.
How does Palms compare with LA County?
The monthly mortgage payment on the median Palms home was $5,646 in 2025, higher than the $4,410 on the median LA County home. Since 2019 it rose $1,248, and LA County’s rose $2,135.
What does the full cost to own a home add?
Property tax, insurance, HOA dues and upkeep come on top of the monthly mortgage payment shown here. A free account’s Cost to Own adds them up for a specific home, and three homes a month are free.
Monthly mortgage payment is principal and interest on the median sale with 20% down and a 30-year fixed loan, at each year’s average Freddie Mac rate (3.94% in 2019, 6.60% in 2025); taxes and insurance are not included. Sales: Los Angeles County Assessor.