The East Palmer Lake housing market is very competitive. The median sale price of a home in East Palmer Lake was $302K last month, up 2.7% since last year. The median sale price per square foot in East Palmer Lake is $186, up 28.3% since last year.
What is the housing market like in East Palmer Lake today?
In March 2024, East Palmer Lake home prices were up 2.7% compared to last year, selling for a median price of $302K. On average, homes in East Palmer Lake sell after 70 days on the market compared to 67 days last year. There were 4 homes sold in March this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$301,580
+2.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
East Palmer Lake, MN
$301,580
+2.7%
United States
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How hot is the East Palmer Lake housing market?
East Palmer Lake is very competitive. Homes sell in 18 days.
0
100
76
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 18 days.
Hot homes
can sell for about 6% above list price and go pending in around 8 days.
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 East Palmer Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in East Palmer Lake.
Risk Factor
Flood Factor - Moderate
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
East Palmer Lake has a moderate risk of flooding. 5 properties in East Palmer Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in East Palmer Lake. Flood risk is increasing faster than the national average.
37% of properties are at risk of wildfire over the next 30 years
Fire Factor
East Palmer Lake has a moderate risk of wildfire. There are 200 properties in East Palmer Lake that have some risk of being affected by wildfire over the next 30 years. This represents 37% of all properties in East Palmer Lake.
East Palmer Lake has minimal risk of severe winds over the next 30 years
Wind Factor
East Palmer Lake has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
99% of properties are at minor
risk of heat over the next 30 years
Heat Factor
East Palmer Lake has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in East Palmer Lake have a Minor Heat Factor®.
East Palmer Lake is expected to see a 100% increase in the number of days over 99ºF over the next 30 years. East Palmer Lake is expected to experience 7