Palermo, NJ
Housing market overview · Updated weekly
$389,750median sale price
Homes sold
2
Last 12 weeks
Days on market
109
Average pace
Active listings
12
6.0 months supply
Sale-to-list
98.0%
Below asking
The Palermo housing market is currently classified as a buyer's market with a median sale price of $389,750. Prices have fallen 0.0% compared to last year, with homes spending an average of 109 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Palermo
There are currently 12 homes listed for sale in Palermo, New Jersey. The median listing price is $545K.
Active listings
12
Homes on market
Median list price
$545K
Avg. days on market
109
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Palermo?
The median home sale price in Palermo is $389,750, down 0.0% from last year.
How long do homes stay on market in Palermo?
Homes typically spend 109 days on market before going under contract.
Is Palermo a buyer's or seller's market?
With 6.0 months of supply, Palermo is currently a buyer's market.
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