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Rent To Own Homes in Palermo, CA 95966

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Palermo, CA Foreclosures

How much do homes sell for in Palermo, CA?
The average home price is currently $232,894.
In Palermo, CA, how many homes are available?
There are currently 84 active home listings available in Palermo.
What’s the average rental cost in Palermo, CA?
The average rental price in Palermo is $1,046.
What is the most expensive home in Palermo?
The most expensive home sold in Palermo had a price of $854,100.
What is currently the cheapest priced home in Palermo, CA?
The cheapest home for sale in Palermo is priced at $20,067.

Living in Palermo, CA

Palermo, CA is a quaint rural community nestled in Butte County, offering a serene lifestyle surrounded by natural beauty and agricultural charm. With access to outdoor activities and close proximity to larger cities, it’s an ideal location for those seeking tranquillity and a strong sense of community.

Current Market Conditions in Palermo, CA

The real estate market in Palermo has shown steady growth over the past year, with an increase in demand for homes due to its attractive rural setting and affordability compared to surrounding urban areas. Many buyers are drawn to the spacious lots and opportunities for gardening and outdoor hobbies.

Recent trends indicate that while inventory remains limited, homes are selling relatively quickly, often above asking price. This surge in interest can be attributed to a growing population looking for a peaceful lifestyle combined with the ability to commute to nearby towns for work.

Home Value Estimator For Palermo, CA

There are currently 696 real estate properties in Palermo, CA, with a median automated valuation model (AVM) price of $212,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palermo, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palermo, CA, is $232,894.00, with the most expensive house in Palermo, CA, topping out at $854,100.00 and the cheapest home in Palermo, CA, clocking in at $20,067.00. In other words, there’s something for every potential homebuyer or savvy investor in Palermo, CA!

Rent Prices In Palermo, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palermo, CA, is on a rollercoaster ride. The average rent price in Palermo, CA, is $1,046.00. Indeed, when looking to rent in Palermo, CA, you can expect to pay as little as $700.00 or as much as $2,330.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Palermo, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Palermo, CA 95966 Rent To Own Homes

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