Palmer Housing Information - Census

IndexPalmerIllinoisNational
Median home price$63,900$174,800$184,700
Median rent asked$675$925$949
Avg. people per household2.52.62.6
Owner occupied households89.3%66.0%63.6%
Renter occupied households10.7%34.0%36.4%

Palmer Housing Information - Zillow

IndexPalmerIllinoisNational
Zillow home value indexn/a$176,800$220,100
Year over year appreciation raten/a4.93%7.58%
5 year average appreciation raten/a5.07%6.57%
10 year average appreciation raten/a-1.06%1.33%

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Did you know?

  • The median home price in Palmer is 65% lower than the national average.
  • The median rent asked in Palmer is 29% lower than the national average.
  • The average number of people per household in Palmer is 6% lower than the national average.
  • The number of owner occupied households in Palmer is 40% higher than the national average.
  • The number of renter occupied households in Palmer is 71% lower than the national average.

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Compare Palmer, IL 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.
Waggoner, IL183$51,00072%
Ohlman, IL113$53,80071%
Harvel, IL229$55,00070%
Witt, IL910$57,90069%
Coalton, IL269$59,60068%
Palmer, IL176$63,90065%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Williams, MN176$52,30072%
McClelland, IA176$143,30022%
White Horse, SD176$0100%
Teton Village, WY176$0100%
McKeansburg, PA176$142,50023%
Palmer, IL176$63,90065%
Source: The Palmer, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.