A+
65%
Med. Home Val. NAT. AVG.
35%
Rent NAT. AVG.
30%
Owner Occ. NAT. AVG.
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Palmer Housing Information

IndexPalmerMichiganNational
Median home price$65,000$127,800$184,700
Median rent asked$617$799$949
Avg. people per household2.72.52.6
Owner occupied households82.8%70.8%63.6%
Renter occupied households17.2%29.2%36.4%
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Housing Quick Facts

  • The median home price in Palmer is 65% lower than the national average.
  • The median rent asked in Palmer is 35% lower than the national average.
  • The average number of people per household in Palmer is 2% higher than the national average.
  • The number of owner occupied households in Palmer is 30% higher than the national average.
  • The number of renter occupied households in Palmer is 53% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      K. I. Sawyer, MI2,807$46,70075%
      Ishpeming, MI6,433$88,60052%
      Gwinn, MI1,741$104,60043%
      Negaunee, MI4,537$123,00033%
      West Ishpeming, MI2,790$143,40022%
      Palmer, MI394$65,00065%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Anderson, NJ394$198,3007%
      Hendricks, WV394$105,00043%
      Benton Ridge, OH394$92,60050%
      Bishop, GA394$280,90052%
      Peter, UT394$370,000100%
      Palmer, MI394$65,00065%
      Source: The Palmer, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).