Why Live in Palomino Hills
Interstate 35E sweeps along the western border of Palomino Hills, a residential neighborhood in the Twin Cities suburb of Apple Valley. Although the highway is right at their doorstep, residents enjoy a quiet suburban atmosphere roughly 20 miles south of the Twin Cities. “The beauty of that whole corridor is that you’ve got super easy access to the metro because you can get right on 35E or Cedar Avenue to get to Minneapolis or St. Paul,” says Eric Sharbo, a Realtor with Re/Max Advantage Plus who has over 25 years of experience in the region. “But it’s still so secluded, with little winding streets and cul-de-sacs. If you’re really close to 35E, you’ll get a little bit of highway noise, but otherwise, it’s all wooded, peaceful living.” In Palomino Hills, residential streets wind through densely wooded areas, past small ponds and alongside ranch-style homes with spacious yards. Most single-family homes date to the early 1970s, with driveways wide enough to accommodate at least two cars. Paved sidewalks border the primary thoroughfares, though the narrower side streets are more difficult to navigate on foot. Although the neighborhood is exclusively residential, home sales are
Frequently Asked Questions
Is Palomino Hills a good place to live?
Palomino Hills is a good place to live. Palomino Hills is considered very car-dependent and somewhat bikeable. Palomino Hills is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Palomino Hills has 2 parks for recreational activities. It has a median age of 44. The average household income is $142,733 which is above the national average. College graduates make up 48.7% of residents. A majority of residents in Palomino Hills are home owners, with 15.2% of residents renting and 84.8% of residents owning their home. A
local real estate agent serving Palomino Hills can help you decide if this neighborhood is the right one for you. Learn more on our
Palomino Hills neighborhood guide.
Is Palomino Hills, MN a safe neighborhood?
Palomino Hills, MN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Palomino Hills?
The median home price in Palomino Hills is $430,000. If you put a 20% down payment of $86,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $2,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Palomino Hills. The average household income in Palomino Hills is $143K.
What are the best public schools in Palomino Hills?
The best public schools that serve Palomino Hills are:
What are the best private schools in Palomino Hills?
The best private schools that serve Palomino Hills are:
What are the most popular zip codes in Palomino Hills, Apple Valley, MN?
What are the most popular neighborhoods near Palomino Hills, Apple Valley, MN?
Home Trends in Palomino Hills, MN
On average, homes in Palomino Hills, Apple Valley sell after 47 days on the market compared to the national average of 51 days. The median sale price for homes in Palomino Hills, Apple Valley over the last 12 months is $435,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$435,000
Median Single Family Sale Price
$430,000
Average Price Per Sq Ft
$187
Number of Homes for Sale
1
Last 12 months Home Sales
10
Median List Price
$430,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%