Palermo, ND Housing Statistics

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46%

Med. Home Val. NAT. AVG.

32%

Rent NAT. AVG.

28%

Owner Occ. NAT. AVG.

Palermo Housing Information

Index	Palermo	North Dakota	National
Median home price	$175,196	$293,938	$326,622
Median rent asked	$988	$1,119	$1,444
Avg. people per household	2.7	2.3	2.6
Owner occupied households	45.8%	63.5%	63.6%
Renter occupied households	54.2%	36.5%	36.4%

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Housing Quick Facts

The median home price in Palermo is 46% lower than the national average.
The median rent asked in Palermo is 32% lower than the national average.
The average number of people per household in Palermo is 5% higher than the national average.
The number of owner occupied households in Palermo is 28% lower than the national average.
The number of renter occupied households in Palermo is 49% higher than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Ross, ND	244	$46,179	86%
Stanley, ND	2,803	$331,102	1%
Palermo, ND	168	$175,196	46%

Cities with similar population

	Population	Home Price	National Avg.
Nelson, MO	168	$78,049	76%
Chapin, IA	168	$141,491	57%
Bowdon, ND	168	$70,316	78%
Elkton, OR	168	$391,886	20%
Lincolnville, KS	168	$70,361	78%
Palermo, ND	168	$175,196	46%

Source: The Palermo, ND housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.