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Foreclosure Homes in Palmer, IA

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Palmer, IA Foreclosures

How much do homes sell for in Palmer, IA?
The average home price is currently $159,336.
In Palmer, IA, how many homes are available?
There are currently 6 active home listings available in Palmer.
What’s the average rental cost in Palmer, IA?
The average rental price in Palmer is $999.
What is the most expensive home in Palmer?
The most expensive home sold in Palmer had a price of $759,812.
What is currently the cheapest priced home in Palmer, IA?
The cheapest home for sale in Palmer is priced at $22,595.

Living in Palmer, IA

PALMER, IA is a quaint small town characterized by a friendly community, beautiful outdoor settings, and good local schools. It provides a peaceful lifestyle while still being close to several amenities and recreational activities. Residents here enjoy a blend of rural charm and community spirit.

Current Market Conditions in Palmer, IA

The real estate market in Palmer, IA has seen steady growth, with home prices becoming more attractive for investors looking for opportunities in smaller towns. As more people seek affordable housing outside of larger cities, Palmer could see increased demand for properties.

Current trends indicate that properties in Palmer are being bought at a reasonable pace, with investors recognizing the potential for rental income and long-term appreciation. As the area develops further, property values are expected to rise, making it a prime area for investment.

Home Value Estimator For Palmer, IA

There are currently 142 real estate properties in Palmer, IA, with a median automated valuation model (AVM) price of $112,856.00. 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, IA, 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, IA, is $159,336.00, with the most expensive house in Palmer, IA, topping out at $759,812.00 and the cheapest home in Palmer, IA, clocking in at $22,595.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmer, IA!

Rent Prices In Palmer, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmer, IA, is on a rollercoaster ride. The average rent price in Palmer, IA, is $999.00. Indeed, when looking to rent in Palmer, IA, you can expect to pay as little as $690.00 or as much as $1,660.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Palmer, IA -- 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, IA Foreclosures


Market Trend for Palmer, IA

Total Listings Available: 6

Market Values:

Home Prices from $22,595 to $759,812

Average Sales Price: $159,336

Rental Values:

Rental from $690 to $1,660

Average Rent Value: $999 / month

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