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Palmer Housing Market Report June 2025•Newport News County, Virginia

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Housing Prices in Palmer, VA

How much do homes in Palmer, VA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$282,000$191/SqFt
-$62,500
-18.1%

Based on all homes listed in June 2025

Insight

The list price of homes in Palmer has decreased by 18.1% since May.

Summary: The median home list price in Palmer was $282,000 in June 2025, down 18.1% from the previous month, and the median price per square foot was $191.

Median List Price By Neighborhoods

Median List Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Village Green
+2.4%
Palmer
-18.1%

Median List Price By Bedrooms

Median List 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.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2$239K$241.9K
+1.2%
3$352K$352K
0.0%
4$440K$432.5K
-1.7%
5$412.2K-
N/A

Summary: Palmer housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.2%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes decreased by -1.7%. The home price for 5 bedroom homes did not change.

How does Palmer, VA compare with other places?

Market comparison tool

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

Palmer, VA

Housing supply in Palmer, VA

How many homes are available in Palmer, VA?

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
8Last MonthJun 2025
82 months agoMay 2025
0.0 %
Change MoMMay – Jun

Summary: The Palmer real estate market had 8 homes for sale in Jun 2025, the same as May 2025

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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
234
+33.3%
322
0.0%
412
+100.0%
520
-100.0%

Summary: Palmer housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes decreased by -100.0%.

Days on Market for Palmer, VA

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During June 2025, 1 homes were sold in Palmer; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
56 DaysLast MonthJun 2025
63 Days1 month agoMay 2025
-11.1 %
Change MoMMay – Jun

Summary: Homes in Palmer had an average listing age of 56 days in Jun 2025, down by 11.1% compared to the previous month.

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Newest Listings in Palmer, VA

What homes are available in Palmer, VA?

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Nearby markets

Nearby markets aren't available for Palmer, VA

Popular Cities with Homes for Sale in Virginia

MLS Disclaimers and Copyright

Based on information from Real Estate Information Network, for the period 05/01/2025 - 07/01/2025

IDXCopyright © 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW.

The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.

Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings, user is advised to verify the accuracy of the listing information before making any financial decisions.
This application does not include information on all of the properties available for sale at this time.

Some of these listings contain enhanced listing information including mapping from sources such as Google, Bing, Microsoft, Yahoo, WalkScore and others.

REIN updates its listings on a daily basis.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 4:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.