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Preforeclosure Homes in Palmer, AK

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Palmer, AK Foreclosures

How much do homes sell for in Palmer, AK?
The average home price is currently $443,045.
In Palmer, AK, how many homes are available?
There are currently 10 active home listings available in Palmer.
What’s the average rental cost in Palmer, AK?
The average rental price in Palmer is $1,700.
What is the most expensive home in Palmer?
The most expensive home sold in Palmer had a price of $3,333,300.
What is currently the cheapest priced home in Palmer, AK?
The cheapest home for sale in Palmer is priced at $16,781.

Living in Palmer, AK

Palmer, Alaska, is a thriving community known for its breathtaking mountain views and rich agricultural heritage. This charming town offers a variety of outdoor activities, excellent schools, and a welcoming atmosphere that fosters a strong community spirit. Residents enjoy a blend of rural living with convenient access to urban amenities.

Current Market Conditions in Palmer, AK

Palmer's real estate market has been experiencing steady growth. Though the demand for homes is strong, prices have remained relatively stable, making this an attractive place for first-time buyers as well as families looking to invest in their futures. The town's unique offerings and recreational opportunities appeal to a diverse demographic, resulting in a healthy market with a good mix of inventory.

In recent months, Palmer has seen an increase in new home constructions, particularly in family-oriented neighborhoods. This trend is largely driven by professionals moving to the area for its quality of life and outdoor lifestyle options. Many buyers are seeking smaller homes with larger outdoor spaces, reflecting the desire for more recreational opportunities amidst the beautiful Alaskan landscape.

Home Value Estimator For Palmer, AK

There are currently 9,872 real estate properties in Palmer, AK, with a median automated valuation model (AVM) price of $423,560.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palmer, AK, 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 Palmer, AK, is $443,045.00, with the most expensive house in Palmer, AK, topping out at $3,333,300.00 and the cheapest home in Palmer, AK, clocking in at $16,781.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmer, AK!

Rent Prices In Palmer, AK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmer, AK, is on a rollercoaster ride. The average rent price in Palmer, AK, is $1,700.00. Indeed, when looking to rent in Palmer, AK, you can expect to pay as little as $720.00 or as much as $3,640.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Palmer, AK -- 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.

Palmer, AK Preforeclosure Homes


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