Brokers — List your Company Here
Featured local agent — Palmer, AK
Sarah Mitchell
Compass Real Estate · Palmer, AK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Palmer, AK Housing Market & Real Estate
Housing market overview · Updated monthly ·
$415,000median sale price
How is the Palmer, AK housing market right now?
The median home sale price in Palmer, AK is $415,000, up 21.2% year-over-year. Homes sell in an average of 11 days with 8 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Palmer a buyer's or seller's market?
Palmer, AK is currently a strong seller's market, based on 0.9 months of supply and homes selling in about 11 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
11
Fast-moving
Active listings
8
0.9 months supply
Sale-to-list
100.0%
Above asking
What does the Palmer housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $415,000 |
| Median list price | $415,000 |
| Year-over-year price change | +21.2% |
| Average days on market | 11 days |
| Active inventory | 8 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $302/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 13 |
| Listings with a price cut | 75.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Palmer by property type?
How the Palmer, AK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $415,000 | $302/sq ft | 9 | 11 days |
| Condo / Co-op | $420,000 | $155/sq ft | 1 | — |
Source: Redfin · Updated monthly
The Palmer housing market is currently classified as a strong seller's market with a median sale price of $415,000. Prices have risen 21.2% compared to last year, with homes spending an average of 11 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.2x provides context for how home values compare to local earning capacity.
Homes for sale in Palmer
There are currently 8 homes listed for sale in Palmer, Alaska. The median listing price is $415K.
Active listings
8
Homes on market
Median list price
$415K
Avg. days on market
11
Days until sale
New this week
13
Newly listed
Who lives in Palmer?
Population
6,141
Median income
$70,550/yr
Median age
32.9 years
Owner-occupied
62.4%
College grads
23.8%
Avg commute
25.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Palmer?
Zillow home value
$440,883
Zillow rent index
$2,168/mo
Price-to-rent ratio
16.9x
Price-to-income
6.2x
Source: Zillow Research
What is it like to live in Palmer?
Palmer is a community of approximately 6K residents with a median age of 32.9 years.The median household income is $70,550, which represents a working-class community with solid middle-income opportunities. 23.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.4%, showing a blend of owner and renter-occupied properties. The average commute time is 25.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palmer offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Palmer?
14 schools tracked · 5,596 students
The largest public schools serving Palmer, AK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Colony High School
Grades 9-12 · 1,092 students
Colony Middle School
Grades PK-8 · 757 students
Palmer High School
Grades 9-12 · 649 students
Palmer Middle School
Grades 6-8 · 567 students
Pioneer Peak Elementary
Grades PK-5 · 471 students
Birchtree Charter School
Grades K-8 · 407 students
Sherrod Elementary
Grades K-5 · 369 students
Swanson Elementary
Grades PK-2 · 343 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Palmer, AK?
Want a head-to-head view? Compare Palmer side-by-side with any other U.S. city using our market-comparison tool.
Is Palmer a good real estate investment market?
For investors evaluating Palmer, the price-to-rent ratio of 16.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 21.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Palmer's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Palmer's median home price.
Frequently asked questions
What is the average home price in Palmer?
The median home sale price in Palmer is $415,000, up 21.2% from last year.
How long do homes stay on market in Palmer?
Homes typically spend 11 days on market before going under contract.
What is the median income in Palmer?
The median household income is $70,550 per year.
Is Palmer a buyer's or seller's market?
With 0.9 months of supply, Palmer is currently a strong seller's market.
What is the Zillow home value estimate for Palmer?
The Zillow Home Value Index (ZHVI) for Palmer is $440,883, representing the typical home value in the area.
What is the median condo price in Palmer?
The median condo/co-op sale price in Palmer, AK is $420,000, compared to $415,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Palmer?
The median single-family home price in Palmer, AK is $415,000 (about $302 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Palmer, AK
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Palmer market alerts
Weekly updates on prices, inventory, and trends. Free forever.