Palo, IA
Housing market overview · Updated weekly
$272,500median sale price
Homes sold
3
Last 12 weeks
Days on market
103
Average pace
Active listings
4
1.3 months supply
Sale-to-list
105.5%
Above asking
The Palo housing market is currently classified as a strong seller's market with a median sale price of $272,500. Prices have risen 34.9% compared to last year, with homes spending an average of 103 days on market, indicating 1.3 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 Palo
There are currently 4 homes listed for sale in Palo, Iowa. The median listing price is $265K.
Active listings
4
Homes on market
Median list price
$265K
Avg. days on market
103
Days until sale
New this week
4
Newly listed
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Frequently asked questions
What is the average home price in Palo?
The median home sale price in Palo is $272,500, up 34.9% from last year.
How long do homes stay on market in Palo?
Homes typically spend 103 days on market before going under contract.
Is Palo a buyer's or seller's market?
With 1.3 months of supply, Palo is currently a strong seller's market.
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