Palmer, MI Housing


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Palmer, MI is a great place to live when it comes to housing. The median value of homes in Palmer is $96,300 which is much lower than the national median value of $338,100. In addition to being more affordable than the rest of the country, homes in Palmer have appreciated at a higher rate than the national average over the past year - 12.90% compared to 8.27%. This makes Palmer an ideal spot for potential homeowners or investors looking for a great housing market opportunity.

The median home cost in Palmer is $96,300. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Palmer is up 23.1%.

Average Age of Homes
- The median age of Palmer real estate is 72 years old
The Rental Market in Palmer
- Renters make up 4.0% of the Palmer population
- 0.0% of houses and apartments in Palmer, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingPalmer, MichiganUnited States
  170.0139,647,020.0
  8042
  $96,300$338,100
  23.1%16.6%
  60.1%57.0%
  71.4%101.1%
  $11.17$10.98
  $1,000$2,690
  74.1%57.4%
  10.0%11.2%
  15.9%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  0.0%0.7%
  0.0%0.4%
  4.1%3.6%
  5.9%4.1%
  Value of Owner-Occupied Housing
  2.4%2.6%
  9.5%2.4%
  20.6%2.8%
  46.8%3.9%
  7.1%4.5%
  2.4%11.3%
  7.9%13.0%
  0.0%20.1%
  0.0%13.6%
  3.2%8.3%
  0.0%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  1.8%13.6%
  1.8%13.6%
  2.9%13.6%
  0.0%13.2%
  0.0%14.8%
  2.9%13.6%
  23.5%10.0%
  20.6%4.7%
  47.1%12.2%
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