Palermo, CA—95968
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Palermo, CA
As of Oct '25, the median home price in Palermo, CA is $250,000, with a year-over-year change of -1.2%. This indicates that home prices in Palermo, CA are decreasing. According to Zillow, the 1-year price projection is -3.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $250,000 | -1.2% |
| Single Family | $250,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $211,000 | 2.4% |
3 Bed | $284,000 | -0.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Palermo, CA
Palermo, CA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio 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 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Palermo, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Palermo, CA is 46. This is a increase of 130.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $290,000 | 47.0% |
Listing Count | 4 | -27.0% |
| Listings as % of Homes | 0.2% | -27.0% |
Days on Market | 46 | 130.0% |
Demographics — Palermo, CA
As of the latest ACS Survey released in 2023, Palermo, CA has a population of 1,350, which has increased by 4.6% over the past 5 years. Palermo, CA is a moderately popular place for families, as children make up 16.8% of the population. The area has a poorly educated workforce, with 2.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,350 | 4.6% |
% Under 18 | 16.8% | -20.0% |
% Seniors | 19.2% | -15.0% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 2.2% | -66.7% |
As of the latest ACS Survey released in 2023, Palermo, CA is a predominantly white area, with 49.7% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Palermo, CA is hispanic, making up 43.8% of the population. Foreign-born residents account for 20.4% of the population in Palermo, CA, and this percentage has decreased by 13.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 49.7% | -0.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 43.8% | -0.5% |
% Asian | 2.0% | ∞% |
% Foreign Born | 20.4% | -13.9% |
Mortgage and Risk — Palermo, CA
Palermo, CA lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Palermo, CA
Palermo, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | N/A | N/A | $1,290 |
| 3 Bedroom | N/A | N/A | $1,820 |
| 4 Bedroom | N/A | N/A | $2,190 |
Affordability — Palermo, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.4 |
| Median Home Price | $250,000 |
| Median Household Income | $37,500 |