New - 8 hours on Rocket
#25-1635, Listing Office: Elite Real Estate Group Soldotna Branch
Palmer Housing Market Report January 2025•Matanuska-Susitna County, Alaska
Housing Prices in Palmer, AK
How much do homes in Palmer, AK cost?
Median List Price
$439,900$196/SqFt
+$20,328
+4.8%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Palmer has increased by 4.8% since last year.
Summary: The median home list price in Palmer was $439,900 in January 2025, up 4.8% from the previous year, and the median price per square foot was $196.
Median List Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Matanuska-Susitna | $389.4K | $409.8K | +5.2% |
| Palmer | $419.5K | $439.9K | +4.8% |
Median List Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $226.7K | $292.5K | +29.0% |
| 22 Bedrooms | $285K | $322.5K | +13.2% |
| 33 Bedrooms | $389.9K | $399.9K | +2.6% |
| 44 Bedrooms | $513.5K | $519K | +1.1% |
| 55+ Bedrooms | $639K | $644.9K | +0.9% |
Summary: Palmer housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +29.0%. The home price for 2 bedroom homes increased by +13.2%. The home price for 3 bedroom homes increased by +2.6%. The home price for 4 bedroom homes increased by +1.1%. The home price for 5 bedroom homes increased by +0.9%.
Housing supply in Palmer, AK
How many homes are available in Palmer, AK?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 105Last MonthJan 2025 | ||
| 1072 months agoDec 2024 | -1.9 % Change MoMDec – Jan |
Summary: The Palmer real estate market had 105 homes for sale in Jan 2025, a 1.9 % decrease compared to Dec 2024.
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 12 | 11 | -8.3% |
| 33 Bedrooms | 48 | 45 | -6.3% |
| 44 Bedrooms | 28 | 31 | +10.7% |
| 55+ Bedrooms | 17 | 17 | 0.0% |
Summary: Palmer housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -8.3%. The inventory for 3 bedroom homes decreased by -6.3%. The inventory for 4 bedroom homes increased by +10.7%. The inventory for 5 bedroom homes remained the same.
Days on Market for Palmer, AK
How long does it take to sell a home in Palmer, AK?
Breakdown of Home Sale Times
Under 30 Days12 Homes
30 – 90 Days12 Homes
Over 90 Days6 Homes
Insight
Many homes in Palmer are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 30 homes were sold in Palmer; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 103 DaysThis YearJan 2025 | ||
| 175 Days1 year agoJan 2024 | -41.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Palmer had an average listing age of 103 days in Jan 2025, down by 41.1% compared to the previous year.
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Newest Listings in Palmer, AK
What homes are available in Palmer, AK?
New - 1 day on Rocket
$7,124 Closing Credit¹
#25-1603, Listing Office: Signature Real Estate Alaska
New - 2 days on Rocket
#25-1551, Listing Office: Valley Market Real Estate
New - 3 days on Rocket
#25-1522, Listing Office: Keller Williams Realty Alaska Group of Eagle River
Coming soon
$4,809 Closing Credit¹
#25-1521, Listing Office: Elite Real Estate Group
New - 3 days on Rocket
#25-1513, Listing Office: Keller Williams Realty Alaska Group of Wasilla
Coming soon
$5,758 Closing Credit¹
#25-1476, Listing Office: Real Broker Wasilla
New - 6 days on Rocket
#25-1410, Listing Office: Hometown Realty
New - 6 days on Rocket
$2,957 Closing Credit¹
#25-1424, Listing Office: Frontier Realty
New - 7 days on Rocket
$6,233 Closing Credit¹
#25-1417, Listing Office: Signature Real Estate Alaska
New - 7 days on Rocket
#25-1409, Listing Office: Hometown Realty
$3,800 Closing Credit¹
#25-1356, Listing Office: Advantage Alaska Real Estate
Nearby markets
Popular Cities with Homes for Sale in Alaska
MLS Disclaimers and Copyright
Based on information from Alaska MLS, for the period 02/01/2023 - 02/01/2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 11:50:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.