Home Values

Palms Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$774,200

  • 3.8% 1-year change
  • 0.7% 1-year forecast

The median home value in Palms is $774,200. Palms home values have gone up 3.8% over the past year and Zillow predicts they will rise 0.7% within the next year. The median list price per square foot in Palms is $492, which is higher than the Los Angeles average of $371. The median price of homes currently listed in Palms is $565,000 while the median price of homes that sold is $815,000. The median rent price in Palms is $2,050.

Foreclosures will be a factor impacting home values in the next several years. In Palms 1.8 homes are foreclosed (per 10,000). This is lower than the Los Angeles value of 2.0 and also lower than the national value of 4.2

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Relative ZHVI
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Palms Market Overview

Data through Nov 30, 2014
  • $774,200 ZHVI
  • 0.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $565,000 Median listing price
  • No recent data Median sale price
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Palms Market Health

Data through Nov 30, 2014
  • 3.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.4% US Avg)

Homes foreclosed (per 10,000)

1.8 homes(Oct 31, 2014) Palms
2 homes Los Angeles
4.2 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Cheviot Hills $1,537,100
Beverlywood $1,394,400
Mar Vista $1,061,700
Name Median ZHVI
West Los Angeles $993,700
Century City $934,700
Pico-Robertson $917,100
Name Median ZHVI
Crestview $834,300
Del Rey $768,000
Sawtelle $717,600

Listings & Sales

Data through Nov 30, 2014
  • $492 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
16.7%
Sold below listing
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Palms Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $3,128 Palms
    $2,492 Los Angeles
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $2,050 Rent list price
  • No data Rent list price / sq ft
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