Palmer Lake Housing Market Report April 2025•El Paso County, Colorado

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Housing Prices in Palmer Lake, CO

How much do homes in Palmer Lake, CO cost?

Housing Market Conditions

Is Palmer Lake, CO a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Palmer Lake is a Buyer's Market

Difference Since March 2025

Last month, Palmer Lake has remained a Buyer's Market.

Insight

Palmer Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$955,000$324/SqFt
+$427,500
+81.0%

Based on all homes sold in April 2025

Insight

Homes in Palmer Lake have sold for 81% more than they did a month ago.

Summary: The median home sold price in Palmer Lake was $955,000 in April 2025, up 81% from last month, and the median price per square foot was $324.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2025Apr 2025Change MoM
1--
N/A
2$345K-
N/A
3-$1.2M
N/A
4-$660K
N/A
5$710K-
N/A

Summary: Palmer Lake housing price by bedroom type for April 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Palmer Lake, CO compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Palmer Lake, CO

Housing supply in Palmer Lake, CO

How many homes are available in Palmer Lake, CO?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
37Last MonthApr 2025
272 months agoMar 2025
+37.0 %
Change MoMMar – Apr

Summary: The Palmer Lake real estate market had 37 homes for sale in Apr 2025, a 37.0 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
2Last MonthApr 2025
22 months agoMar 2025
0.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
100
0.0%
223
+50.0%
31318
+38.5%
4811
+37.5%
545
+25.0%

Summary: Palmer Lake housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +38.5%. The inventory for 4 bedroom homes increased by +37.5%. The inventory for 5 bedroom homes increased by +25.0%.

Asking Price vs. Sold Price

How much do homes in Palmer Lake, CO cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Palmer Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Palmer Lake in April 2025, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Palmer Lake, CO

How long does it take to sell a home in Palmer Lake, CO?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Palmer Lake are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 2 homes were sold in Palmer Lake; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
18 DaysLast MonthApr 2025
81 Days1 month agoMar 2025
-77.3 %
Change MoMMar – Apr

Summary: Homes in Palmer Lake had an average listing age of 18 days in Apr 2025, down by 77.3% compared to the previous month.

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Newest Listings in Palmer Lake, CO

What homes are available in Palmer Lake, CO?

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Nearby markets aren't available for Palmer Lake, CO

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