Palmer, MI Housing Statistics

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64%

Med. Home Val. NAT. AVG.

34%

Rent NAT. AVG.

30%

Owner Occ. NAT. AVG.

Palmer Housing Information

Index	Palmer	Michigan	National
Median home price	$116,958	$235,809	$326,622
Median rent asked	$946	$1,222	$1,444
Avg. people per household	2.7	2.5	2.6
Owner occupied households	82.8%	70.8%	63.6%
Renter occupied households	17.2%	29.2%	36.4%

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Homes For Sale In Palmer, MI

101 Kirkpatrick Ave

Palmer, MI

Housing Quick Facts

The median home price in Palmer is 64% lower than the national average.
The median rent asked in Palmer is 34% lower than the national average.
The average number of people per household in Palmer is 2% higher than the national average.
The number of owner occupied households in Palmer is 30% higher than the national average.
The number of renter occupied households in Palmer is 53% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
K. I. Sawyer, MI	2,912	$83,653	74%
Ishpeming, MI	6,630	$163,412	50%
Gwinn, MI	1,799	$184,770	43%
Negaunee, MI	4,636	$220,116	33%
West Ishpeming, MI	2,894	$253,982	22%
Palmer, MI	408	$116,958	64%

Cities with similar population

	Population	Home Price	National Avg.
Highland Lake, AL	408	$376,485	15%
Clear Lake, IN	408	$1,252,027	283%
Mannsville, NY	408	$177,327	46%
Thackerville, OK	408	$113,137	65%
Mehama, OR	408	$403,956	24%
Palmer, MI	408	$116,958	64%

Source: The Palmer, MI 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.