Housing Prices in Palmer, TN

How much do homes in Palmer, TN cost?

Median List Price

$157,500

$92/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

-$142,400(-47.5%)

Key Takeaway

The list price of homes in Palmer has decreased by 47.5% since last year.

Summary: The median home list price in Palmer was $157,500 in November 2024, down 47.5% from the previous year, and the median price per square foot was $92.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $335K$170.2K
-49.2%
2 $319.5K$241.4K
-24.4%
3 $298K$145K
-51.3%
4 $262.4K$285.5K
+8.8%
5+ --
N/A

Summary: Palmer housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 49.2%, 2 bedroom homes decreased by 24.4%, 3 bedroom homes decreased by 51.3%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Gruetli-Laager
-3.8%
Palmer
-47.5%

Housing Supply in Palmer, TN

How many homes are available in Palmer, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Palmer real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 45
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Palmer housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Palmer, TN

How long does it take to sell a home in Palmer, TN?

Average Listing Age

Nov 2023Nov 2024CHANGE
230 Days74 Days-67.5%

Summary: Homes in Palmer had an average listing age of 74 days in Nov 2024, down by 67.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

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Newest Listings in Palmer, TN

Nearby Markets to Palmer, TN

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MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and Chattanooga MLS / Multiple Listing Service of Chattanooga Inc. for the period 12/01/2022 - 12/01/2024

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/24/2024, 10:18:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/24/2024, 10:21:09 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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