$3,206 Closing Credit*
$270,000
2 Beds
•2 Full Baths
#24-15027, Listing Office: Signature Real Estate Alaska
Housing Prices in Palmer, AK
How much do homes in Palmer, AK cost?
Median List Price
$439,000
$191/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$24,000(+5.8%)
Key Takeaway
The list price of homes in Palmer has increased by 5.8% since last year.
Summary: The median home list price in Palmer was $439,000 in November 2024, up 5.8% from the previous year, and the median price per square foot was $191.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $229K | $219.9K | -4.0% |
| 2 Bedrooms | $297.9K | $315K | +5.7% |
| 3 Bedrooms | $385.9K | $404.7K | +4.9% |
| 4 Bedrooms | $509K | $525K | +3.1% |
| 5+ Bedrooms | $609K | $634.5K | +4.2% |
Summary: Palmer housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 4.2%.
Median List Price Compared To Nearby Cities
| Palmer | $415K | $439K | +5.8% |
| Matanuska-Susitna | $388.4K | $409.1K | +5.3% |
Housing Supply in Palmer, AK
How many homes are available in Palmer, AK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 136 | 111 | -18.4% |
Summary: The Palmer real estate market had 111 homes for sale in November 2024, a 18.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 66 | 47 | -28.8% |
| 4 Bedrooms | 34 | 33 | -2.9% |
| 5+ Bedrooms | 20 | 15 | -25.0% |
Summary: The Palmer housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 28.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 25%.
Days on Market for Palmer, AK
How long does it take to sell a home in Palmer, AK?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 161 Days | 93 Days | -42.1% |
Summary: Homes in Palmer had an average listing age of 93 days in Nov 2024, down by 42.1% compared to the previous year.
