Antelope Valley Real Estate Market Trends – February 2025 Update

The Antelope Valley housing market continues to evolve, offering affordability, growth, and opportunities for both buyers and sellers. As demand for housing outside of Los Angeles remains steady, areas like Lancaster, Palmdale, Acton, Littlerock, and Quartz Hill are experiencing increased activity. Here’s a deep dive into the latest market trends shaping the region.

Quick Market Snapshot – February 2025

• Median Home Price (North Antelope Valley): $473,500 (↑ 7.6% YoY)
• Top Cities: Lancaster, Palmdale, Acton, Littlerock, Quartz Hill
• Population: Over 500,000 residents
• Major Employers: Aerospace, healthcare, education, and retail sectors

Antelope Valley Real Estate Market Insights

Home prices in Antelope Valley continue to rise, though the pace has slightly moderated compared to previous years. Buyers are still active, and demand remains strong, especially for single-family homes in suburban communities. Here’s how each city is performing:

Median Home Prices

• Lancaster: $469,000 (↑ 2.5% YoY)
• Palmdale: $497,500 (↑ 3.1% YoY)

These price increases reflect continued buyer interest in the area, fueled by affordability and proximity to major job hubs like aerospace companies in Palmdale and Edwards Air Force Base.

Average Days on Market

• Lancaster: 55 days (↑ 9 days from last year)
• Palmdale: 40 days (up slightly from 38 days last year)

Homes in Palmdale tend to sell faster than in Lancaster due to its closer proximity to Los Angeles, higher median income levels, and slightly newer housing stock.

Housing Inventory

• North Antelope Valley: 739 homes for sale in January 2025 (↑ 5.9% from December 2024)
• Palmdale: 513 homes available in January 2025 (↑ 5.6% from the previous month)

While inventory levels have risen slightly, demand continues to outpace supply, keeping prices stable and competitive.

Market Dynamics: Buyer’s or Seller’s Market?

• 38.2% of homes in North Antelope Valley sold above asking price in January 2025.
• In Palmdale, homes receive an average of 2 offers and sell in about 40 days.

This indicates a balanced market—sellers continue to see strong demand, but buyers still have room to negotiate in certain areas.

What’s Driving the Market?

1. Affordability vs. Greater Los Angeles

With Los Angeles home prices averaging well over $800,000, buyers are moving to Antelope Valley for larger homes, lower property taxes, and a suburban lifestyle.

2. Aerospace & Defense Industry Growth

Major employers like Lockheed Martin, Northrop Grumman, and Edwards Air Force Base continue to bring professionals into the area, keeping housing demand steady.

3. New Construction & Development

Developments in Quartz Hill, West Lancaster, and East Palmdale are adding much-needed housing inventory to the market.

4. Interest Rate Fluctuations

While mortgage rates have fluctuated, buyers are adjusting by seeking adjustable-rate mortgages (ARMs) or down payment assistance programs to navigate affordability concerns.

What Does This Mean for You?

For Home Sellers:

• Pricing competitively is key to securing multiple offers.
• Homes in move-in-ready condition sell fastest—consider minor upgrades like fresh paint and landscaping.
• If your home is in a high-demand neighborhood (e.g., West Palmdale or Quartz Hill), expect strong buyer interest.

For Home Buyers:

• Act fast—homes in desirable areas are still selling quickly.
• Get pre-approved before house hunting to increase your chances of securing a home.
• Be ready to compete with multiple offers, especially for well-priced properties.

Looking Ahead: March 2025 Forecast

• Slight increase in inventory expected, offering more choices for buyers.
• Stable price growth as demand remains strong.
• Interest rates will continue to shape buyer affordability.

Final Thoughts

Whether you’re buying, selling, or investing in Antelope Valley real estate, staying informed is crucial. With a growing population, steady home price appreciation, and expanding job opportunities, Antelope Valley remains one of the most attractive housing markets in Southern California.

Antelope Valley Real Estate Market FAQs (Updated February 2025)

1. What is the current median home price in Antelope Valley?

As of February 2025, the median home price in North Antelope Valley is $473,500, reflecting a 7.6% increase from January 2024.

2. Are home prices increasing in Antelope Valley?

Yes, home prices in Antelope Valley are rising moderately, with Lancaster’s median price at $469,000 (up 2.5% YoY) and Palmdale’s median price at $497,500 (up 3.1% YoY).

3. How long do homes stay on the market in Antelope Valley?

• Lancaster: Average 55 days (↑ 9 days YoY)
• Palmdale: Average 40 days (slightly up from 38 days last year)

4. Is Antelope Valley currently a buyer’s or seller’s market?

Antelope Valley remains a balanced market, with 38.2% of homes selling above asking price in January 2025. Palmdale homes receive an average of 2 offers before selling.

5. How many homes are currently for sale in Antelope Valley?

• North Antelope Valley: 739 homes (↑ 5.9% from Dec 2024)
• Palmdale: 513 homes (↑ 5.6% from Dec 2024)

6. What factors are driving the Antelope Valley real estate market?

• Affordability compared to Los Angeles
• Growing aerospace & defense industry (Lockheed Martin, Northrop Grumman, Edwards AFB)
• New home construction in Quartz Hill, Lancaster, and Palmdale
• Stable interest rates affecting buyer affordability

7. What are the best areas to buy a home in Antelope Valley?

Top areas include West Palmdale, Quartz Hill, Rancho Vista, and Acton, known for their quality schools, larger homes, and strong property appreciation.

8. Are mortgage rates affecting home prices in Antelope Valley?

Yes, mortgage rates impact affordability. However, buyers are adjusting by exploring adjustable-rate mortgages (ARMs) and down payment assistance programs to secure financing.

9. Is now a good time to buy a home in Antelope Valley?

Yes, with increasing home prices and demand, buying now can help lock in equity growth before further price appreciation. Buyers should act quickly in competitive areas.

10. Where can I find the latest Antelope Valley real estate updates?

Stay updated with our monthly market reports on Antelope Valley Real Estate Trends at larelocation.com or contact Bry Your Realtor Guy for expert insights.