Housing in Palmer, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — August 2025Median Sale Price
$130,000
Median List Price
$425,000
Price Per Sq Ft
$52
Days on Market
58
Active Inventory
1
Months of Supply
1.0
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$52
Median List $/SF
$135
Palmer vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Palmer is highlighted.
Median Home Value
Median Price Per Sq Ft
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$74,700
Median Rent
N/A
Total Housing Units
169
Vacancy Rate
16.0%
Owner Occupied
91.5%
Renter Occupied
8.4%
Median Property Tax
$1,083
per year
Monthly Cost (w/ Mortgage)
$636
Housing Types
The current median sale price in Palmer, MI is $130,000 according to Redfin data. Homes spend a median of 58 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $52. About 91.5% of housing units are owner-occupied. The median year homes were built is 1946. There are 169 total housing units.