Housing in Palmer, AK

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$375,000

Median List Price

$330,000

Price Per Sq Ft

$236

Days on Market

54

Active Inventory

8

Months of Supply

1.6

Seller's market

Zillow Home Value

$418,326

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 10.3%List Price 1.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

99.2%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
37.5%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

3

Pending Sales

2

Homes Sold 28.6%New Listings 40.0%Pending 77.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$236

Median List $/SF

$259

Sale $/SF 15.7%List $/SF 4.1%Mar 24Jan 26

Palmer vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Palmer is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$275,900

Median Rent

$1,134

Total Housing Units

2,516

Vacancy Rate

8.2%

Owner Occupied

62.4%

Renter Occupied

37.6%

Median Property Tax

$2,759

per year

Monthly Cost (w/ Mortgage)

$1,405

Housing Types

Single Family
69.3%
Multi-Family
29.6%
Mobile Home
1.1%

The current median sale price in Palmer, AK is $375,000 according to Redfin data. Homes spend a median of 54 days on the market. 20.0% of homes sold above asking price. The market has 1.6 months of supply. The median price per square foot is $236. The median rent is $1,134 per month (Census ACS). About 62.4% of housing units are owner-occupied. The median year homes were built is 1989. There are 2,516 total housing units.