The housing market in Palmer, KS is quite impressive, with the median value of homes at $191,800. This is significantly lower than the US house median value of $338,100. However, this lower value does not mean that the housing market in Palmer is lacking - in fact it has seen a 1 year appreciation rate of 10.51%, which is higher than the US 1 year appreciation rate of 8.27%. Therefore, Palmer is an excellent option for those looking to buy a home at a reasonable price while still enjoying good return on investment potential.
The median home cost in Palmer is $191,800. Home appreciation the last 10 years has been 59.6%. Home Appreciation in Palmer is up 13.8%.
Average Age of Homes
- The median age of Palmer real estate is 70 years old
The Rental Market in Palmer
- Renters make up 16.5% of the Palmer population
- 0.0% of houses and apartments in Palmer, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.