Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palmer area can be challenging. Home prices in Palmer are now at a median cost of $181,090, lower than the New York average of $481,023.
The average cost of rent is $972/mo in Palmer, primarily driven by the current value of real estate in the Palmer area. While nearly 48.89% of residents own their homes outright in Palmer, 19.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palmer is $4,833 per month. Households that rent pay about 20.11% of their income on rent here. Palmer's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Corinth, NY: less expensive homes
- Randall Corner, NY: higher priced homes
- Lake Luzerne, NY: equally priced homes
- Hadley, NY: equally priced homes
- Porter Corners, NY: higher priced homes
- Lake Vanare, NY: higher priced homes
- West Glens Falls, NY: higher priced homes
- Gansevoort, NY: higher priced homes
- Gurn Spring, NY: higher priced homes
- Kings Station, NY: less expensive homes
Cities with Similar Populations
- Lawson, VA: higher priced homes
- Scottsburg, NY: less expensive homes
- Scott Addition, VA: higher priced homes
- Schley, GA: less expensive homes
- Sawyer, OK: less expensive homes
- Sardis, AR: less expensive homes
- Sandtown, MS: less expensive homes
- Russian Mission, AK: less expensive homes
- Russellville, GA: less expensive homes
- Ruskin, MN: higher priced homes
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