The West Palmer Lake housing market is very competitive. The median sale price of a home in West Palmer Lake was $287K last month, up 17.8% since last year. The median sale price per square foot in West Palmer Lake is $157, down 20.7% since last year.
What is the housing market like in West Palmer Lake today?
In January 2025, West Palmer Lake home prices were up 17.8% compared to last year, selling for a median price of $287K. On average, homes in West Palmer Lake sell after 32 days on the market compared to 26 days last year. There were 8 homes sold in January this year, down from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$287,450
+17.8% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
West Palmer Lake, MN
$287,450
+17.8%
United States
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How hot is the West Palmer Lake housing market?
West Palmer Lake is very competitive. Homes sell in 16 days.
0
100
86
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 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 16 days.
Hot homes
can sell for about 4% above list price and go pending in around 7 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 West Palmer Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in West Palmer Lake.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
West Palmer Lake has a minor risk of flooding. 32 properties in West Palmer Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in West Palmer Lake. Flood risk is increasing faster than the national average.
26% of properties are at risk of wildfire over the next 30 years
Fire Factor
West Palmer Lake has a moderate risk of wildfire. There are 253 properties in West Palmer Lake that have some risk of being affected by wildfire over the next 30 years. This represents 26% of all properties in West Palmer Lake.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
West Palmer Lake has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. West Palmer Lake is most at risk from severe storms. 962 properties in West Palmer Lake have some risk of being in a severe wind event within the next 30 years.
97% of properties are at minor
risk of heat over the next 30 years
Heat Factor
West Palmer Lake has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in West Palmer Lake have a Minor Heat Factor®.
West Palmer Lake is expected to see a 85% increase in the number of days over 100ºF over the next 30 years. West Palmer Lake is expected to experience 6