Brokers — List your Company Here
Featured local agent — Palermo, CA
Sarah Mitchell
Compass Real Estate · Palermo, CA
“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.
Palermo, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$540,000median sale price
How is the Palermo, CA housing market right now?
The median home sale price in Palermo, CA is $540,000, up 96.7% year-over-year. Homes sell in an average of 184 days with 12 active listings. The market is currently a leaning buyer's. (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 Palermo a buyer's or seller's market?
Palermo, CA is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 184 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
184
Average pace
Active listings
12
4.0 months supply
Sale-to-list
99.7%
Below asking
What does the Palermo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $540,000 |
| Median list price | $290,000 |
| Year-over-year price change | +96.7% |
| Average days on market | 184 days |
| Active inventory | 12 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 99.7% |
| Median price per sq ft | $227/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 2 |
| Listings with a price cut | 16.7% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Palermo by property type?
How the Palermo, CA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $540,000 | $227/sq ft | 3 | 184 days |
Source: Redfin · Updated monthly
The Palermo housing market is currently classified as a leaning buyer's with a median sale price of $540,000. Prices have risen 96.7% compared to last year, with homes spending an average of 184 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.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Palermo
There are currently 12 homes listed for sale in Palermo, California. The median listing price is $290K.
Active listings
12
Homes on market
Median list price
$290K
Avg. days on market
184
Days until sale
New this week
2
Newly listed
Who lives in Palermo?
Population
5,440
Median income
$47,893/yr
Median age
43 years
Owner-occupied
65.6%
College grads
12.3%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Palermo?
Zillow home value
$253,938
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Palermo?
Palermo is a community of approximately 5K residents with a median age of 43 years.The median household income is $47,893, which represents a working-class community with solid middle-income opportunities. 12.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palermo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Palermo?
3 schools tracked · 452 students
The largest public schools serving Palermo, CA 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.
Palermo
Grades 6-8 · 444 students
Palermo Union Community Day (K-8)
Grades K-8 · 8 students
Palermo Special Education Preschool
Grade range n/a
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 Palermo, CA?
Want a head-to-head view? Compare Palermo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Palermo?
The median home sale price in Palermo is $540,000, up 96.7% from last year.
How long do homes stay on market in Palermo?
Homes typically spend 184 days on market before going under contract.
What is the median income in Palermo?
The median household income is $47,893 per year.
Is Palermo a buyer's or seller's market?
With 4.0 months of supply, Palermo is currently a leaning buyer's.
What is the Zillow home value estimate for Palermo?
The Zillow Home Value Index (ZHVI) for Palermo is $253,938, representing the typical home value in the area.
How much does a single-family home cost in Palermo?
The median single-family home price in Palermo, CA is $540,000 (about $227 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Palermo, CA
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 Palermo market alerts
Weekly updates on prices, inventory, and trends. Free forever.