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Cheap Homes in Palmer, MI

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Palmer, MI Foreclosures

Current Market Conditions in in Palmer, MI As of February 2026?
In the past month, the Palmer, MI real estate market has shown slight fluctuations in home prices, but remains relatively stable compared to previous months. Newly listed properties have been met with considerable interest, resulting in competitive offers and shorter time on the market. Buyers are particularly interested in homes that offer outdoor space and proximity to local parks, indicating a growing preference for properties that provide access to nature.
How much do homes sell for in Palmer, MI?
The average home price is currently $108,575.
What’s the average rental cost in Palmer, MI?
The average rental price in Palmer is $1,105.
What is the most expensive home in Palmer?
The most expensive home sold in Palmer had a price of $416,500.
What is currently the cheapest priced home in Palmer, MI?
The cheapest home for sale in Palmer is priced at $11,021.

Living in Palmer, MI

Palmer, MI is a quaint rural community nestled in the stunning landscapes of Marquette County. With its tranquil environment and access to outdoor activities, it offers a peaceful lifestyle perfect for nature lovers and those looking to escape the urban rush. The town is characterized by its tight-knit community feel and proximity to essential amenities, making it an ideal location for families and retirees alike.

Buyer vs Seller Market in Palmer, MI

The real estate market in Palmer is currently experiencing a steady growth trend, with an increase in demand for rural properties. The combination of affordable home prices and the allure of a serene lifestyle is attracting buyers seeking to relocate from urban areas. Consequently, homes in Palmer are seeing quicker sales, with some properties going under contract within days of listing.

Home Value Estimator For Palmer, MI

There are currently 181 real estate properties in Palmer, MI, with a median automated valuation model (AVM) price of $102,637.00. 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, MI, 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, MI, is $108,575.00, with the most expensive house in Palmer, MI, topping out at $416,500.00 and the cheapest home in Palmer, MI, clocking in at $11,021.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmer, MI!

Rent Prices In Palmer, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmer, MI, is on a rollercoaster ride. The average rent price in Palmer, MI, is $1,105.00. Indeed, when looking to rent in Palmer, MI, you can expect to pay as little as $760.00 or as much as $1,440.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Palmer, MI -- 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.

Cheap Homes in Palmer, MI


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