Palmer, Anchorage, AK—99540
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Palmer, Anchorage, AK
As of Oct '25, the median home price in Palmer, Anchorage, AK is $555,000, with a year-over-year change of 2.5%. This indicates that home prices in Palmer, Anchorage, AK are increasing. According to Zillow, the 1-year price projection is 0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $555,000 | 2.5% |
| Single Family | $555,000 | 1.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Palmer, Anchorage, AK
Palmer, Anchorage, AK 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 — Palmer, Anchorage, AK
As of Oct '25, Realtor.com reports that the median days on market for a home in Palmer, Anchorage, AK is 39. This is a decrease of -78.0% from last year, suggesting that homes are sitting on the market shorter 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 | $699,000 | -16.0% |
Listing Count | 1 | -43.0% |
| Listings as % of Homes | N/A | -43.0% |
Days on Market | 39 | -78.0% |
Demographics — Palmer, Anchorage, AK
As of the latest ACS Survey released in 2023, Palmer, Anchorage, AK has a population of 354, which has increased by 24.6% over the past 5 years. Palmer, Anchorage, AK is a less popular place for families, as children make up 10.2% of the population. The area has a highly educated workforce, with 63.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 354 | 24.6% |
% Under 18 | 10.2% | -9.7% |
% Seniors | 25.1% | 104.1% |
% WFH | 5.5% | -56.3% |
% w/ College Degree | 63.7% | 84.1% |
As of the latest ACS Survey released in 2023, Palmer, Anchorage, AK is a predominantly white area, with 97.5% of the population identifying as white. The white population has grown by 14.4% in the last 5 years. The second most common race or ethnicity in Palmer, Anchorage, AK is black, making up 0.0% of the population. Foreign-born residents account for 4.2% of the population in Palmer, Anchorage, AK, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.5% | 14.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 4.2% | ∞% |
Mortgage and Risk — Palmer, Anchorage, AK
Palmer, Anchorage, AK 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 — Palmer, Anchorage, AK
Palmer, Anchorage, AK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,480 |
| 2 Bedroom | N/A | N/A | $1,940 |
| 3 Bedroom | N/A | N/A | $2,720 |
| 4 Bedroom | N/A | N/A | $3,260 |
Affordability — Palmer, Anchorage, AK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.4 |
| Median Home Price | $555,000 |
| Median Household Income | $83,000 |