Housing in Palermo, CA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$315,000
Median List Price
$495,000
Price Per Sq Ft
$166
Days on Market
27
Active Inventory
12
Months of Supply
12.0
Buyer's market
Zillow Home Value
$236,305
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
114.5%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
3
Pending Sales
6
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$166
Median List $/SF
$202
Palermo vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Palermo 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
$287,000
Median Rent
$1,067
Total Housing Units
2,330
Vacancy Rate
11.3%
Owner Occupied
65.5%
Renter Occupied
34.5%
Median Property Tax
$1,853
per year
Monthly Cost (w/ Mortgage)
$888
Housing Types
The current median sale price in Palermo, CA is $315,000 according to Redfin data. Homes spend a median of 27 days on the market. 100.0% of homes sold above asking price. The market has 12.0 months of supply. The median price per square foot is $166. The median rent is $1,067 per month (Census ACS). About 65.5% of housing units are owner-occupied. The median year homes were built is 1978. There are 2,330 total housing units.