Palmer Park Home for Sale

Palmer Park is a good place to live. Palmer Park is considered car-dependent and somewhat bikeable with some transit options. Palmer Park is a suburban neighborhood. Palmer Park has 6 parks for recreational activities. It is sparse in population with 1.6 people per acre and a median age of 40. The average household income is $43,226 which is below the national average. College graduates make up 51.7% of residents. A majority of residents in Palmer Park are renters, with 87.7% of residents renting and 12.3% of residents owning their home. A local real estate agent serving Palmer Park can help you decide if this neighborhood is the right one for you. Learn more on our Palmer Park neighborhood guide.

Palmer Park, MI is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.

The median home price in Palmer Park is $244,900. If you put a 20% down payment of $49,000 and had a 30-year fixed mortgage with an interest rate of 6.19%, your estimated principal and interest payment would be $1,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Palmer Park. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Palmer Park is $43K.

The best public schools that serve Palmer Park are:

• Cass Technical High School has a B+ Niche grade, a student teacher ratio of 25:1 and an average review score of 3.9.
• Bates Academy has a B- Niche grade, a student teacher ratio of 19:1 and an average review score of 4.4.
• Foreign Language Immersion And Cultural Studies School has a C Niche grade, a student teacher ratio of 16:1 and an average review score of 3.8.

The best private schools that serve Palmer Park are:

• Charlotte Mason Community School has a student teacher ratio of 13:1 and an average review score of 5.0.
• Gesu Catholic School has a student teacher ratio of 23:1.

The most popular zip codes in Palmer Park, Detroit, MI include 48203, 48221, 48238, 48220 and 48030.

The most popular neighborhoods near Palmer Park, Detroit, MI are Grixdale Farms, Martin Park, Palmer Woods, Penrose and University District.