Palmer, AK Home Values & Market Trends
Real estate market trends reflect that there have been 162 transactions over the past year in Palmer. The median value for residential home transactions that occurred over the previous year is $372,120.84. The number of current listings in Palmer is 11, and the percentage of properties for sale in the city is 11.00%. Palmer, AK currently has 8 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 11 properties for sale.
Palmer, AK Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 99645 | $ 475,000 $ 221/sqft |
Housing Market Summary for Palmer, AK
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $299.9K | $355.2K | 18.45% |
| Median Sold Price | $368.1K | $355.2K | -3.49% |
| Homes For Sale | 1 | 9 | 800.00% |
| Homes Sold | 163 | 38 | -76.69% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Palmer, AK
Browse Homes in Palmer, AK
Palmer home values range from $23,746 to $3,400,000. The median estimated value of a home in Palmer is $372,120.84. The median list price of a home is 519,000, and the total count of properties in the city is 11,158.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Palmer, AK with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Palmer, AK; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Palmer, AK ranges from the highest value of $219,806 in 99645 to the lowest value of $219,806 in 99645. Bank owned homes and properties account for 0.01% of properties in Palmer, AK. There is 1 zips within Palmer, AK; 99645 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions99645 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Palmer, AK. Auction homes and other auction properties account for 0.06% of all properties in Palmer, AK. There is 1 zips within Palmer, AK; of that zips, the median estimated home value for homes going to auction ranges from $662,938 in 99645 to the lowest value of $100,455 in 99645.
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