Why Live in Palmer Lake
Palmer Lake is a community less than 15 miles north of Minneapolis with quiet cul-de-sacs and nearby parks, located in the southern region of Brooklyn Park, which meets the Mississippi River to the east. “Brooklyn Park is known for parks, a couple of recreational areas and lots of bike trails. It’s a very active community,” says Tom Walters, a local Realtor at Edina Realty’s The Walters Group, who has over 40 years of experience. Single-family homes are stationed in cul-de-sacs, including bi-levels and split-levels, some of which feature panel siding and brick on the base. Garages are often attached, leaving one or two fewer cars to clear after snowstorms. Bi-level prices range from $320,000 to $380,000; split-level prices are between $325,000 and $390,000. Condo communities are listed between $155,000 and $195,000. Eastern Palmer Lake is zoned for the Anoka-Hennepin School District. Schools include Evergreen Park Elementary, which earns a C-plus from Niche, and Jackson Middle, which receives a B-plus. The A-minus-rated Champlin High School offers post-secondary preparation courses, including International Baccalaureate (IB) and Advanced Placement (AP).
The Osseo Area Schools
Home Trends in Palmer Lake, MN
On average, homes in Palmer Lake, Brooklyn Park sell after 28 days on the market compared to the national average of 51 days. The median sale price for homes in Palmer Lake, Brooklyn Park over the last 12 months is $320,000, up 35% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$342,500
Median Townhouse Sale Price
$299,900
Average Price Per Sq Ft
$190
Number of Homes for Sale
5
Last 12 months Home Sales
27
Median List Price
$309,750
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
35%