The Palmer Park housing market is somewhat competitive. The median sale price of a home in Palmer Park was $560K last month, up 173.2% since last year.
What is the housing market like in Palmer Park today?
In December 2023, Palmer Park home prices were up 173.2% compared to last year, selling for a median price of $560K.
$560K
Sale Price
$132
Sale $/Sq. Ft.
Under List Price
3.1%
Days on Market
51
Down Payment
—
Total Homes Sold
1
To compare other locations to the Palmer Park and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Detroit add value to a home.
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How hot is the Palmer Park housing market?
Palmer Park is somewhat competitive. Homes sell in 51 days.
0
100
56
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 10 days.
Explore recent offers and recently sold homes in Palmer Park
Recent offers
Schools in Palmer Park
Learn about schools in the Palmer Park area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Palmer Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palmer Park.
Risk Factor
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palmer Park has a minor risk of flooding. 24 properties in Palmer Park are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Palmer Park. Flood risk is increasing slower than the national average.
30% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palmer Park has a moderate risk of wildfire. There are 94 properties in Palmer Park that have some risk of being affected by wildfire over the next 30 years. This represents 30% of all properties in Palmer Park.
Palmer Park has minimal risk of severe winds over the next 30 years
Wind Factor
Palmer Park has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.