$3,147 Closing Credit*
$265,000
1,680 SqFt
3 Beds
•2 Full Baths
Alyssa Emmons, Listing Office: Keller Williams Syracuse
Housing Prices in Palermo, NY
How much do homes in Palermo, NY cost?
Median List Price
$222,450
$143/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
+$62,500(+39.1%)
Key Takeaway
The list price of homes in Palermo has increased by 39.1% since last year.
Summary: The median home list price in Palermo was $222,450 in November 2024, up 39.1% from the previous year, and the median price per square foot was $143.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59.9K | - | N/A |
| 2 Bedrooms | $134.9K | $212.4K | +57.5% |
| 3 Bedrooms | $249.9K | $214.9K | -14.0% |
| 4 Bedrooms | $124.9K | $224.9K | +80.1% |
| 5+ Bedrooms | $195K | $499.9K | +156.4% |
Summary: Palermo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 57.5%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 80.1%, and 5+ bedroom homes increased by 156.4%.
Median List Price Compared To Nearby Cities
| Palermo | $159.9K | $222.4K | +39.1% |
| Hastings | $224.9K | $275K | +22.3% |
| New Haven | $177.2K | $210K | +18.5% |
| Volney | $167.4K | $189.9K | +13.4% |
| Pennellville | $199.9K | $219.9K | +10.0% |
Housing Supply in Palermo, NY
How many homes are available in Palermo, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Palermo real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Palermo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Palermo, NY
How long does it take to sell a home in Palermo, NY?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 128 Days | 48 Days | -62.3% |
Summary: Homes in Palermo had an average listing age of 48 days in Nov 2024, down by 62.3% compared to the previous year.
