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Palmer, Anchorage, AK—99540

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$551,000
1.6% YoY Growth
Household Income
$83,000
20.0% YoY Growth
Days on Market
N/A
N/A
Home Price Forecast
1.3%
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
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Palmer, Anchorage, AK

As of Dec '25, the median home price in Palmer, Anchorage, AK is $551,000, with a year-over-year change of 1.6%. This indicates that home prices in Palmer, Anchorage, AK are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$551,0001.6%
Single Family $551,0000.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    40.6%
    1 Bedroom
    18.4%
    2 Bedrooms
    15.8%
    3 Bedrooms
    10.3%
    4 Bedrooms
    15.0%

    Rental Trends — Palmer, Anchorage, AK

    Palmer, Anchorage, AK lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    77.3%
    1 Bedroom
    22.7%

    Property Listings — Palmer, Anchorage, AK

    As of Dec '25, Realtor.com reports that the median days on market for a home in Palmer, Anchorage, AK is 63. This is a decrease of -65.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		N/AN/A
    Listing Count
    		N/AN/A
    Listings as % of HomesN/AN/A
    Days on Market
    		N/AN/A
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    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.

    MetricLatest CensusYoY % Change
    Population
    		35424.6%
    % Under 18
    		10.2%-9.7%
    % Seniors
    		25.1%104.1%
    % WFH
    		5.5%-56.3%
    % w/ College Degree
    		63.7%84.1%
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    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

    MetricLatest Census5-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%∞%
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    Mortgage and Risk — Palmer, Anchorage, AK

    Palmer, Anchorage, AK lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip 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
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,480
    2 BedroomN/AN/A$1,940
    3 BedroomN/AN/A$2,720
    4 BedroomN/AN/A$3,260

    Affordability — Palmer, Anchorage, AK

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio6.3
    Median Home Price$551,000
    Median Household Income$83,000

    Palmer, Anchorage, AK — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Eagle River, AK

    99577

    Anchorage East, Anchorage, AK

    99504

    Anchorage Airport Area, Anchorage, AK

    99507

    Eagle River, Anchorage, AK

    99516

    Elmendorf Air Force Base, AK

    99505

    Frequently Asked Questions