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Featured local agent — Palmer Lake, CO
Sarah Mitchell
Compass Real Estate · Palmer Lake, CO
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Palmer Lake, CO Housing Market & Real Estate
Housing market overview · Updated monthly ·
Is Palmer Lake a buyer's or seller's market?
Palmer Lake, CO is currently a balanced market. How we determine this →
Homes sold
—
Last 12 weeks
Days on market
—
Average pace
Active listings
21
Sale-to-list
—
Below asking
What does the Palmer Lake housing market data show?
| Metric | Value |
|---|---|
| Median list price | $699,000 |
| Active inventory | 21 listings |
| New listings (latest month) | 1 |
| Listings with a price cut | 47.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
The Palmer Lake housing market is currently classified as a balanced market with a median sale price of $0. Prices have fallen 0.0% compared to last year.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 4.4x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Palmer Lake
There are currently 21 homes listed for sale in Palmer Lake, Colorado. The median listing price is $699K.
Active listings
21
Homes on market
Median list price
$699K
New this week
1
Newly listed
Who lives in Palmer Lake?
Population
2,635
Median income
$122,855/yr
Median age
49.4 years
Owner-occupied
88.2%
College grads
46.3%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Palmer Lake?
Zillow home value
$536,939
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Palmer Lake?
Palmer Lake is a community of approximately 3K residents with a median age of 49.4 years.The median household income is $122,855, which reflects a relatively affluent area with strong earning potential. 46.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palmer Lake offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Palmer Lake?
1 schools tracked · 284 students
The largest public schools serving Palmer Lake, CO 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.
Palmer Lake Elementary School
Grades PK-6 · 284 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 Lake, CO?
Want a head-to-head view? Compare Palmer Lake side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the median income in Palmer Lake?
The median household income is $122,855 per year.
What is the Zillow home value estimate for Palmer Lake?
The Zillow Home Value Index (ZHVI) for Palmer Lake is $536,939, representing the typical home value in the area.
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