The Palomar housing market is somewhat competitive. The median sale price of a home in Palomar was $370K last month, down 4.5% since last year. The median sale price per square foot in Palomar is $207, up 27.4% since last year.
In March 2024, Palomar home prices were down 4.5% compared to last year, selling for a median price of $370K. On average, homes in Palomar sell after 24 days on the market compared to 37 days last year. There were 6 homes sold in March this year, down from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$369,500
-4.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palomar, KY
$369,500
-4.5%
United States
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How hot is the Palomar housing market?
Palomar is somewhat competitive. Homes sell in 30 days.
0
100
61
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 30 days.
Hot homes
can sell for around list price and go pending in around 10 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.7%
+1.9 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palomar, KY
99.7%
+1.9 pt
United States
Home offer insights for Palomar
Explore recent offers and recently sold homes in Palomar
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.
Risk Factor
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palomar has a moderate risk of flooding. 109 properties in Palomar are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in Palomar. Flood risk is increasing faster than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palomar has a minor risk of wildfire. There are 60 properties in Palomar that have some risk of being affected by wildfire over the next 30 years. This represents 7% 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.