The Palermo housing market is not very competitive. The median sale price of a home in Palermo was $263K last month, down 6.3% since last year. The median sale price per square foot in Palermo is $165, down 31.7% since last year.
In January 2025, Palermo home prices were down 6.3% compared to last year, selling for a median price of $263K.
$380K
Sale Price
+2.7% since last year
$165
Sale $/Sq. Ft.
-31.7% since last year
Under List Price
4%
Days on Market
60
Down Payment
—
Total Homes Sold
1
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How hot is the Palermo housing market?
Palermo is not very competitive. Homes sell in 60 days.
0
100
18
Not Very Competitive
Redfin Compete Score™
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 12 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 60 days.
Hot homes
can sell for about 1% above list price and go pending in around 44 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palermo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palermo.
Flood Factor - Minor
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palermo has a minor risk of flooding. 181 properties in Palermo are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Palermo. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palermo has an extreme risk of wildfire. There are 2,320 properties in Palermo that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Palermo.