Housing Prices in Palmer, AK
How much do homes in Palmer, AK cost?
Median List Price
$422,500
$185/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Palmer has increased by 14.2% since last year.
Summary: The median home list price in Palmer was $422,500 in March 2024, up 14.2% from the previous year, and the median price per square foot was $185.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $226.7K | +13.4% |
| 2 Bedrooms | $299K | $297.9K | -0.4% |
| 3 Bedrooms | $330K | $389.9K | +18.2% |
| 4 Bedrooms | $440K | $521.5K | +18.5% |
| 5+ Bedrooms | $643.5K | $589K | -8.5% |
Summary: Palmer housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.4%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes decreased by 8.5%.
Median List Price Compared To Nearby Cities
| Palmer | $370K | $422.5K | +14.2% |
| Matanuska-Susitna | $369.9K | $394.1K | +6.5% |
Housing Supply in Palmer, AK
How many homes are available in Palmer, AK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 90 | 89 | -1.1% |
Summary: The Palmer real estate market had 89 homes for sale in March 2024, a 1.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 38 | 39 | +2.6% |
| 4 Bedrooms | 36 | 35 | -2.8% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Palmer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 11.1%.
Days on Market for Palmer, AK
How long does it take to sell a home in Palmer, AK?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 131 Days | 89 Days | -31.7% |
Summary: Homes in Palmer had an average listing age of 89 days in Mar 2024, down by 31.7% compared to the previous year.
