The Palomar housing market is very competitive. The median sale price of a home in Palomar was $552K last month, up 52.3% since last year. The median sale price per square foot in Palomar is $223, up 7.7% since last year.
In October 2024, Palomar home prices were up 52.3% compared to last year, selling for a median price of $552K. On average, homes in Palomar sell after 26 days on the market compared to 35 days last year. There were 9 homes sold in October this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$552,000
+52.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Palomar, KY
$552,000
+52.3%
United States
To compare other locations to the Palomar and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lexington add value to a home.
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How hot is the Palomar housing market?
Palomar is very competitive. Homes sell in 28 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 1% below list price and go pending in around 28 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.0%
-1.3 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
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 Palomar housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palomar.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palomar has a minor risk of flooding. 90 properties in Palomar are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Palomar. Flood risk is increasing faster than the national average.
68% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palomar has a moderate risk of wildfire. There are 528 properties in Palomar that have some risk of being affected by wildfire over the next 30 years. This represents 68% of all properties in Palomar.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Palomar has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palomar is most at risk from hurricanes. 768 properties in Palomar have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 63 mph.