Palmer, IL—62556
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$107,000
7.8% YoY Growth
Household Income
$54,300
16.4% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
1.7%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
Home Price Trends — Palmer, IL
As of Dec '25, the median home price in Palmer, IL is $107,000, with a year-over-year change of 7.8%. This indicates that home prices in Palmer, IL are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $107,000 | 7.8% |
| Single Family | $107,000 | 9.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |