Palo, IA Housing Market
The Palo housing market is not very competitive. The median sale price of a home in Palo was $261K last month, down 15.6% since last year. The median sale price per square foot in Palo is $142, down 15.5% since last year.
Palo Housing Market Trends
In March 2024, Palo home prices were down 15.6% compared to last year, selling for a median price of $261K.
since last year
since last year
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How hot is the Palo housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Multiple offers are rare.
- The average homes sell for around list price and go pending in around 89 days.
- Hot homescan sell for around list price and go pending in around 20 days.
Palo Migration & Relocation Trends
Home offer insights for Palo
Recent offers
View houses in Palo that sold recently
Recently sold homes
- $329,990 Last Sold Price4 beds3 baths2,191 sq ft103 Sumac Dr, Palo, IA 52324List Price$339,990Sale to List3% under listDays on Market415 days103 Sumac Dr, Palo, IA 52324
- $246,990 Last Sold Price3 beds3 baths1,921 sq ft202 Sumac Dr, Palo, IA 52324List Price$247,990Sale to List0% under listDays on Market156 days202 Sumac Dr, Palo, IA 52324
- Sign in for price Last Sold Price—beds—baths—sq ft6803 Valley View Ct NW, Cedar Rapids, IA 52405Days on Market—6803 Valley View Ct NW, Cedar Rapids, IA 52405
- $214,990 Last Sold Price3 beds2.5 baths1,511 sq ft815 Oak Dr, Palo, IA 52324List Price$214,990Sale to List0% over listDays on Market283 days815 Oak Dr, Palo, IA 52324
- $319,689 Last Sold Price3 beds2 baths1,498 sq ft809 Juneberry Dr, Palo, IA 52324List Price$319,689Sale to List0% over listDays on Market154 days809 Juneberry Dr, Palo, IA 52324
- Sign in for price Last Sold Price—beds—baths—sq ftEllis Rd, Cedar Rapids, IA 52324Days on Market—Ellis Rd, Cedar Rapids, IA 52324
- $393,000 Last Sold Price4 beds2.5 baths2,646 sq ft7113 Country Brook Dr NW, Cedar Rapids, IA 52405List Price$407,000Sale to List3% under listDays on Market57 days7113 Country Brook Dr NW, Cedar Rapids, IA 52405
- $451,000 Last Sold Price4 beds3 baths2,560 sq ft7214 Country Ridge Dr NW, Cedar Rapids, IA 52405List Price$455,000Sale to List1% under listDays on Market42 days7214 Country Ridge Dr NW, Cedar Rapids, IA 52405
See all recently sold homes in Palo.
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Schools in Palo
- Elementary
- Middle
- High
GreatSchools Rating
No elementary schools in this region.
Climate's impact on Palo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Palo.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Palo
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