Palermo, CA Foreclosures
How much do homes sell for in Palermo, CA?
The average home price is currently $232,470.
In Palermo, CA, how many homes are available?
There are currently 3 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 $20,033.
Living in Palermo, CA
Palermo is a charming community in Butte County, California, known for its rural setting and family-friendly environment. It offers a peaceful lifestyle with plenty of outdoor activities and supportive neighbors. The area provides access to local amenities and parks, making it a wonderful place to call home.
Current Market Conditions in Palermo, CA
Currently, the real estate market in Palermo is showing steady growth, primarily driven by a demand for affordable housing options. The low inventory of homes for sale is contributing to increased competition among buyers, leading to a gradual rise in property prices. Overall, Palermo remains an attractive destination for first-time homebuyers and families looking for spacious living away from the hustle and bustle of urban life.
In recent months, there has been a noticeable uptick in new construction homes as developers respond to the growing demand. The appeal of the area, coupled with its affordability compared to nearby cities, has made it a sought-after location for those commuting to larger urban centers.
Home Value Estimator For Palermo, CA
There are currently 709 real estate properties
in Palermo, CA,
with a median automated valuation model (AVM) price
of $211,300.00. 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 $232,470.00, with the most expensive house
in Palermo, CA, topping out
at $854,100.00 and the cheapest home
in Palermo, CA,
clocking in at $20,033.00. 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.
Learn more on Foreclosure homes
