Housing in Palmer Lake, CO

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

N/A

Median List Price

$589,000

Days on Market

N/A

Active Inventory

15

Zillow Home Value

$520,206

ZHVI — January 2026

Price Trends

Source: Redfin
List Price ↓ 9.4%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

66.7%

Off Market in 2 Weeks

12.5%

Sold Above Asking
66.7%
Under Contract in 2 Wks
12.5%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

New Listings

5

Pending Sales

8

New Listings ↑ 66.7%Pending ↑ 300.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median List $/SF

$331

Palmer Lake vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

Median Rent

Rent Burden

Census Housing Data

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

Median Home Value

$454,000

Median Rent

$1,913

Total Housing Units

1,122

Vacancy Rate

5.4%

Owner Occupied

88.2%

Renter Occupied

11.8%

Median Property Tax

$1,737

per year

Monthly Cost (w/ Mortgage)

$1,713

Housing Types

Single Family
94.2%
Multi-Family
0.0%
Mobile Home
5.8%

The median home value in Palmer Lake, CO is $454,000. 66.7% of homes sold above asking price. The median rent is $1,913 per month (Census ACS). About 88.2% of housing units are owner-occupied. The median year homes were built is 1988. There are 1,122 total housing units.