5 bedroom homes for sale in Palo, IA

2 Listings

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Median Sold Price

$292.5K

Avg. Sale Time

156 Days

Based on our March 2025 Market Report.

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Palo, IA Real Estate Market Overview

Browse 2 5 bedroom homes for sale in Palo, IA. View properties, photos, nearby real estate with school and housing market information. The number of listings in Palo, IA decreased by 18.8% between February 2025 and March 2025. In March 2025 median list price was $292,500 and the average listing age was 156 days. In March 2025 more than 2 listings in Palo, IA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Palo, IA

Palo is located in Linn County, Iowa. There are roughly 177 residents, living in 59 households. The average temperature for Palo this time of the year is low of 49F and high of 72F. On average, Palo gets about 4.13 inches of precipitation in May. Most residents are home owners (95%), have a post secondary degree (66%) and are married, with kids (41%).

Data provided by Home Junction

Housing market reports in Linn County

Top real estate cities in Iowa

MLS Disclaimers & Copyright

IDXProvided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2025 Cedar Rapids Area Association of REALTORS®. 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: 5/1/2025, 7:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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