$4,334 Closing Credit*
$365,000
3 Beds
•2 Full Baths
#24-12813, Listing Office: Signature Real Estate Alaska
Housing Prices in Palmer, AK
How much do homes in Palmer, AK cost?
Median List Price
$432,450
$191/sqft
Based on all homes listed in the last 12 months.
Difference Since September 2023
+$17,450(+4.2%)
Key Takeaway
The list price of homes in Palmer has increased by 4.2% since last year.
Summary: The median home list price in Palmer was $432,450 in September 2024, up 4.2% from the previous year, and the median price per square foot was $191.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $265K | $252.4K | -4.7% |
| 2 Bedrooms | $296.4K | $315K | +6.3% |
| 3 Bedrooms | $375K | $410K | +9.3% |
| 4 Bedrooms | $499.9K | $505K | +1.0% |
| 5+ Bedrooms | $650K | $679.5K | +4.5% |
Summary: Palmer housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 4.5%.
Median List Price Compared To Nearby Cities
| Palmer | $415K | $432.4K | +4.2% |
| Matanuska-Susitna | $385.6K | $399.9K | +3.7% |
Housing Supply in Palmer, AK
How many homes are available in Palmer, AK?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 160 | 140 | -12.5% |
Summary: The Palmer real estate market had 140 homes for sale in September 2024, a 12.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 12 | +20.0% |
| 3 Bedrooms | 85 | 78 | -8.2% |
| 4 Bedrooms | 41 | 30 | -26.8% |
| 5+ Bedrooms | 22 | 19 | -13.6% |
Summary: The Palmer housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes decreased by 26.8%, and 5+ bedroom homes decreased by 13.6%.
Days on Market for Palmer, AK
How long does it take to sell a home in Palmer, AK?
Average Listing Age
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 128 Days | 86 Days | -32.4% |
Summary: Homes in Palmer had an average listing age of 86 days in Sep 2024, down by 32.4% compared to the previous year.
