Housing in Palmer, Michigan
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Housing - Updated September, 2011
| Median Home Age | 55.4 | 35.1 |
| Median Home Cost | $58,800 | $175,100 |
| Home Appreciation | -3.98% | -3.15% |
| Homes Owned | 77.43% | 59.90% |
| Housing Vacant | 15.04% | 10.37% |
| Homes Rented | 7.52% | 29.73% |
| Property Tax Rate | $12.20 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 6.86% | 2.65% |
| $20,000 to $39,999 | 17.14% | 3.76% |
| $40,000 to $59,999 | 28.57% | 4.99% |
| $60,000 to $79,999 | 25.71% | 6.01% |
| $80,000 to $99,999 | 8.00% | 7.27% |
| $100,000 to $149,999 | 10.29% | 19.24% |
| $150,000 to $199,999 | 2.29% | 14.67% |
| $200,000 to $299,999 | 1.14% | 18.09% |
| $300,000 to $399,999 | 0.00% | 9.14% |
| $400,000 to $499,999 | 0.00% | 4.94% |
| $500,000 to $749,999 | 0.00% | 5.42% |
| $750,000 to $999,999 | 0.00% | 2.03% |
| $1,000,000 or more | 0.00% | 1.77% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 11.95% | 13.71% |
| 1995 to 1998 | 1.63% | 8.54% |
| 1990 to 1994 | 2.35% | 5.77% |
| 1980 to 1989 | 6.19% | 13.87% |
| 1970 to 1979 | 11.95% | 16.17% |
| 1960 to 1969 | 7.96% | 11.70% |
| 1950 to 1959 | 15.04% | 11.08% |
| 1940 to 1949 | 15.93% | 6.02% |
| 1939 or Earlier | 26.99% | 13.15% |
The median home value in Palmer, MI, is $58,800. Home appreciation is -3.98% over the last year. The median age of Palmer, MI, real estate is 55 years.
Palmer, MI Apartments and Rentals
Renters make up 7.52% of the Palmer, MI, population. 15.04% of houses and apartments in Palmer, MI, are unoccupied (vacancy rate).
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