Palmer Lake currently has 14 single family homes for sale with an average list price of $640,914.29, 1 condo for sale with a list price of $385,000, and 3 lots for sale with an average list price of $159,666.67. The average annual property tax for Palmer Lake is $1,765.38.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Palmer Lake, i.e. what's hot and what's not.
See What's Hot & What's Not in Palmer LakePalmer Lake home sales for the month of March decreased in volume by 33.3% when compared to last year, while the median sale price decreased by 7.2% from $568,500 to $527,500. House sales stayed the same, while the median sale price decreased by 9.7% from $584,250 to $527,500.
1
|
38
|
36
|
27
|
2021 | 2022 | 2023 | 2024 |
# of sales per year |
$680,000
|
$529,450
|
$511,500
|
$535,000
|
2021 | 2022 | 2023 | 2024 |
median sale price per year |
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.