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Foreclosure Homes in Palermo, ND

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Palermo, ND Foreclosures

Current Market Conditions in in Palermo, ND As of February 2026?
In the past month, Palermo's real estate market has seen an uptick in buyer interest, particularly from those seeking affordable housing options away from the bustle of the city's higher-priced neighborhoods. Listings are moving quicker, and there is a slight increase in average days on market, indicating a shift toward a more favorable environment for sellers.
How much do homes sell for in Palermo, ND?
The average home price is currently $220,394.
In Palermo, ND, how many homes are available?
There are currently 1 active home listings available in Palermo.
What’s the average rental cost in Palermo, ND?
The average rental price in Palermo is $0.
What is the most expensive home in Palermo?
The most expensive home sold in Palermo had a price of $586,364.
What is currently the cheapest priced home in Palermo, ND?
The cheapest home for sale in Palermo is priced at $21,685.

Living in Palermo, ND

Palermo, ND is a charming small town offering a serene lifestyle amidst beautiful natural surroundings. With several outdoor activities available nearby and a friendly community atmosphere, it’s an inviting place to call home.

Buyer vs Seller Market in Palermo, ND

The real estate market in Palermo remains stable, with a mix of single-family homes and land available for sale. The area has experienced slight increases in property values due to its desirable rural setting and proximity to recreational activities.

Recently, demand for homes has seen a modest rise, attracting families and retirees alike who seek the tranquility of small-town living combined with access to amenities in larger neighboring cities.

Home Value Estimator For Palermo, ND

There are currently 64 real estate properties in Palermo, ND, with a median automated valuation model (AVM) price of $175,375.00. 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, ND, 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, ND, is $220,394.00, with the most expensive house in Palermo, ND, topping out at $586,364.00 and the cheapest home in Palermo, ND, clocking in at $21,685.00. In other words, there’s something for every potential homebuyer or savvy investor in Palermo, ND!

Rent Prices In Palermo, ND

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palermo, ND, is on a rollercoaster ride. The average rent price in Palermo, ND, is $0.00. Indeed, when looking to rent in Palermo, ND, you can expect to pay as little as $0.00 or as much as $0.00, with the average rent median estimated to be $0.00. The good news is that finding an affordable and desirable property to rent in Palermo, ND -- 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, ND Foreclosures


Market Trend for Palermo, ND

Total Listings Available: 1

Market Values:

Home Prices from $21,685 to $586,364

Average Sales Price: $220,394

Rental Values:

Rental from $0 to $0

Average Rent Value: $0 / month

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