Palmer Housing Information - Census

IndexPalmerMichiganNational
Median home price$59,000$120,200$175,700
Median rent asked$813$780$920
Avg. people per household2.12.52.6
Owner occupied households95.7%71.5%64.4%
Renter occupied households4.3%28.5%35.6%

Palmer Housing Information - Zillow

IndexPalmerMichiganNational
Zillow home value indexn/a$132,300$196,500
Year over year appreciation raten/a7.91%6.79%
5 year average appreciation raten/a8.20%5.28%
10 year average appreciation raten/a-0.30%0.01%

Did you know?

  • The median home price in Palmer is 66% lower than the national average.
  • The median rent asked in Palmer is 12% lower than the national average.
  • The average number of people per household in Palmer is 19% lower than the national average.
  • The number of owner occupied households in Palmer is 49% higher than the national average.
  • The number of renter occupied households in Palmer is 88% lower than the national average.

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Compare Palmer, MI Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
K. I. Sawyer, MI2,933$46,10074%
Ishpeming, MI6,514$74,90057%
Gwinn, MI2,063$94,70046%
Negaunee, MI4,608$103,50041%
West Ishpeming, MI2,687$109,90037%
Palmer, MI525$59,00066%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Hixton, WI525$92,90047%
Williamsburg, NM525$70,30060%
Verdigre, NE525$53,20070%
Towner, ND525$60,00066%
Wilson, TX525$44,00075%
Palmer, MI525$59,00066%
Source: The Palmer, MI housing data displayed above is derived from the United States Census Bureau and Zillow data.