Palmer Town, MA is a popular area for housing as the median value is $228,200 which is substantially lower than the US House Median Value of $338,100. Although there is an overall 8.27% appreciation rate in the US over one year, Palmer Town has experienced a slightly lower rate of 7.86%. This means that living in Palmer Town remains an attractive option for those looking to buy or rent property due to its affordable housing values and steady growth rate.
The median home cost in Palmer Town is $228,200. Home appreciation the last 10 years has been 59.8%. Home Appreciation in Palmer Town is up 11.2%.
Average Age of Homes
- The median age of Palmer Town real estate is 59 years old
The Rental Market in Palmer Town
- Renters make up 28.3% of the Palmer Town population
- 0.4% of houses and apartments in Palmer Town, 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.