Palmer, MN is a great place to live due to its relatively high median housing value of $383,900, which is much higher than the US House Median Value of $338,100. The appreciation rate for homes in Palmer over the last year has been 6.98%, which is slightly lower than the national appreciation rate of 8.27%. With its high median home value and moderate appreciation rate, Palmer is an excellent place to invest in real estate or purchase a home.
The median home cost in Palmer is $383,900. Home appreciation the last 10 years has been 87.8%. Home Appreciation in Palmer is up 11.4%.
Average Age of Homes
- The median age of Palmer real estate is 31 years old
The Rental Market in Palmer
- Renters make up 6.0% 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.