Palmer, AK Housing Market & Real Estate

Balanced market-3.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Palmer, AK is $314,900, down 3.1% year-over-year. Homes sell in an average of 26 days with 4 active listings. The market is currently a balanced market.

$314,900median sale price

Is Palmer a buyer's or seller's market?

Balanced market4.0 months of supply26 avg. days on market

Palmer, AK is currently a balanced market, based on 4.0 months of supply and homes selling in about 26 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

26

Average pace

Active listings

4

4.0 months supply

Sale-to-list

100.0%

Above asking

Palmer, AK market data

Current housing market statistics for Palmer, AK
MetricValue
Median sale price$314,900
Median list price$389,000
Year-over-year price change-3.1%
Average days on market26 days
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio100.0%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Palmer housing market is currently classified as a balanced market with a median sale price of $314,900. Prices have fallen 3.1% compared to last year, with homes spending an average of 26 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Palmer

There are currently 4 homes listed for sale in Palmer, Alaska. The median listing price is $389K.

Active listings

4

Homes on market

Median list price

$389K

Avg. days on market

26

Days until sale

New this week

5

Newly listed

Price drops:25.0%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Palmer?

The median home sale price in Palmer is $314,900, down 3.1% from last year.

How long do homes stay on market in Palmer?

Homes typically spend 26 days on market before going under contract.

Is Palmer a buyer's or seller's market?

With 4.0 months of supply, Palmer is currently a balanced market.

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