$4,453 Closing Credit*
$375,000
3 Beds
•3 Full Baths
#24-14173, Listing Office: The Kibe Lucas Team Keller Williams Realty Alaska Group
Housing Prices in Palmer, AK
How much do homes in Palmer, AK cost?
Median List Price
$435,511
$189/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$25,011(+6.1%)
Key Takeaway
The list price of homes in Palmer has increased by 6.1% since last year.
Summary: The median home list price in Palmer was $435,511 in October 2024, up 6.1% from the previous year, and the median price per square foot was $189.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252K | $252.4K | 0.2% |
| 2 Bedrooms | $295K | $315K | +6.8% |
| 3 Bedrooms | $380K | $410K | +7.9% |
| 4 Bedrooms | $499K | $517.2K | +3.7% |
| 5+ Bedrooms | $589K | $650K | +10.4% |
Summary: Palmer housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.2%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 10.4%.
Median List Price Compared To Nearby Cities
| Matanuska-Susitna | $385K | $409.5K | +6.4% |
| Palmer | $410.5K | $435.5K | +6.1% |
Housing Supply in Palmer, AK
How many homes are available in Palmer, AK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 145 | 134 | -7.6% |
Summary: The Palmer real estate market had 134 homes for sale in October 2024, a 7.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 82 | 63 | -23.2% |
| 4 Bedrooms | 33 | 35 | +6.1% |
| 5+ Bedrooms | 19 | 22 | +15.8% |
Summary: The Palmer housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 23.2%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 15.8%.
Days on Market for Palmer, AK
How long does it take to sell a home in Palmer, AK?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 149 Days | 89 Days | -40.4% |
Summary: Homes in Palmer had an average listing age of 89 days in Oct 2024, down by 40.4% compared to the previous year.
