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Palmer

Palmer

$358,231 Average Value
$260 Average Price per Sq Ft
44 Homes For Sale

Palmer is an Alaska community offering a quiet, rustic setting

Considered a rural, Mayberry kind of town, Palmer's blend of valley and highland beauty offers an escape from metropolitan buzz. Often called “Alaska at its Best,” streetscapes here are dotted with tall pines and the community is surrounded by snow-capped ridges. Established in 1916 by George Palmer as a river trading post, it soon became a station on the Alaska Railroad. However, it was in 1935 that several hundred Midwest families headed to Palmer to pioneer a colony under President Roosevelt’s New Deal. Given a barn and 40 acres, these families were asked to establish Palmer as a farm community. Eighteen colony buildings from the ‘30s and ‘40s remain in a nine-block historic downtown, including the Colony House Museum.

Southern Palmer roads reveal scenic views and charming neighborhoods.
Southern Palmer roads reveal scenic views and charming neighborhoods.
Lazy Mountain homes near Palmer boast panoramic valley and ridge views.
Lazy Mountain homes near Palmer boast panoramic valley and ridge views.
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Housing market includes established options and new construction

Home styles can range from a two-bedroom ‘80s downtown fixer-upper for $215,000 to a five-bedroom home with painted vertical siding for $425,000. You can also find newly constructed two-story Craftsman homes in the Green Acres community for $455,000 and new contemporary three-bedroom homes in the Hidden Ranch community for around $490,000. Yards are well-kept; and depending on where you live, Palmer’s flat streets sometimes feature sidewalks. Residents stay prepared for windstorms that sometimes blow in from the Matanuska River, and homes are often fortified with metal roofs.

Butte near Palmer offers large homes with scenic mountain backdrops.
Butte near Palmer offers large homes with scenic mountain backdrops.
Lazy Mountain features Craftsman homes with spacious interiors and decks.
Lazy Mountain features Craftsman homes with spacious interiors and decks.
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Golf is a popular pastime in Palmer

George Collum, General Manager for the Palmer Municipal Golf Course, says, “I’ve talked to homeowners who’ve chosen to live in Palmer specifically because they can golf here in the valley. There’s the Mountain Rose Estates senior community about a mile down the street, where you’ll find many residents who golf. There’s also the new Rocky Point development with homes scattered around the course.” Local athletes play baseball and soccer at the Sherrod sports complex, where you’ll also find a BMX Bike Park and a walking trail along the Matanuska River.

Matanuska River Trail near Palmer offers hiking with valley views.
Matanuska River Trail near Palmer offers hiking with valley views.
Sherrod Sports Complex in Palmer hosts baseball, soccer, and BMX events.
Sherrod Sports Complex in Palmer hosts baseball, soccer, and BMX events.
Palmer Golf Course offers 18 holes with views of the Matanuska Valley.
Palmer Golf Course offers 18 holes with views of the Matanuska Valley.
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Though rural, Palmer remains accessible by car and plane

While you won’t live here to walk to large employers, you commute to downtown Anchorage within about 40 miles. Collum adds, “One of the many interesting things about Palmer’s 18-hole championship course is that it’s situated right by Palmer Airport, which serves a lot of private planes. So, golfers actually fly in from other parts of the state to play for the day. It’s a public course, on flat terrain right along the Mat River, ranked by Golf Digest as one of Alaska’s best courses. And because we allow walking, it’s an excellent community resource for exercise when we have such long winters here. We have members who play 100 rounds of golf anywhere from mid-April to late October.”

Summer and fall in Palmer showcase vibrant trails and mountain scenery.
Summer and fall in Palmer showcase vibrant trails and mountain scenery.
Palmer Airport provides quick flights for commuters traveling to Anchorage.
Palmer Airport provides quick flights for commuters traveling to Anchorage.
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Local high school has a standout cross-country program

Palmer public schools are within the Matanuska-Susitna Borough School District, which earns an A-minus grade from Niche. Younger students can start their journey at Swanson or Sherrod elementary schools, both earning a B-plus from Niche, before moving on to Palmer Middle, which Niche gives a B-minus grade. Older students head to Palmer High, which earns an overall B grade from Niche. In 2022 and 2023, Palmer High’s girls’ cross-country team won the Division II state title.

Swanson Elementary in Palmer serves students in grades K-5.
Swanson Elementary in Palmer serves students in grades K-5.
Sherrod Elementary in Palmer offers a welcoming campus for young learners.
Sherrod Elementary in Palmer offers a welcoming campus for young learners.
Palmer Middle School sits amid scenic mountain views and open spaces.
Palmer Middle School sits amid scenic mountain views and open spaces.
Palmer High School provides diverse academic programs and strong athletics.
Palmer High School provides diverse academic programs and strong athletics.
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Fajitas to corn fritters, Palmer's restaurants offer variety

Locals enjoy homestyle meals and specialty apps such as corn fritters with honey butter at the high-spirited, family-owned Noisy Goose Restaurant when dining out. When the mood for authentic Mexican hits, colorful La Fiesta is the spot for “Las Famosas Fajitas.” For all your at-home cooking and essential needs, you can stock up at Fred Meyer, or across the street at Carr’s.

Palmer Ale House serves hearty meals and local brews in a lively setting.
Palmer Ale House serves hearty meals and local brews in a lively setting.
Red Turkey in Palmer offers Mediterranean flavors and homestyle soups.
Red Turkey in Palmer offers Mediterranean flavors and homestyle soups.
Green Store and Café in Butte serves coffee and local goods near Palmer.
Green Store and Café in Butte serves coffee and local goods near Palmer.
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State fair is a staple of the community

Residents commemorate Palmer’s founding families yearly with a Colony Days celebration and 5-K in June, and a Colony Christmas parade in December. Palmer’s premier event, however, is the Alaska State Fair — the largest statewide. This lively 14-day extravaganza features bands, carnival rides, and a giant cabbage weigh-off. Thanks to summer days with 20 hours of sunshine, Palmer is known for producing mammoth vegetables.

Chad Jackson
Photography Contributed By
Chad Jackson

Interested in learning more about homes in this area? Reach out to Janis Tolbert, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Palmer Housing Trends

Housing Trends

Median List Price
$475,000
Median Sale Price
$460,000
Median Single Family Sale Price
$470,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
376
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$260

Area Facts

Number of Homes
4,735
Number of Homes for Sale
44
Median Year Built
2015
Months of Supply
1.40
Average Single Family Home Size Sq Ft
2,048
Above the national average
1,930
Average 2 Bedroom Size Sq Ft
1,552
Average 1 Bedroom Size Sq Ft
1,047
Median Lot Size Sq Ft
40,075

Open Houses

  • Saturday, Feb 28
    Open Sat 12PM - 4PM

    2222 S Sanctuary Dr, Palmer, AK 99645

    $715,000

    • 4 Beds
    • 3 Baths
    • 2,550 Sq Ft
    • 2222 S Sanctuary Dr
    • New 28 days ago

    Custom ADA accessible 2,550 SF ranch style house located at View Pointe at the Ranch. .57 acre lot with trees bordering wooded farm land. 360 degree views of all the mountain ranges. Mature sod lawn, high end Hunter Douglas blinds, and rain gutters. Includes HSA warranty thru1-27-2027. Includes two primary bedroom suites. All furniture, washer, dryer, and refrigerator are available to

    Agent Photo
    Huntley & Associates
    Keller Williams Realty Alaska Group
    (833) 588-7934
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  • Wednesday, Feb 25
    Open Wed 5PM - 7PM

    421 Gold Key Ln, Palmer, AK 99645

    $340,000

    • 3 Beds
    • 1 Bath
    • 1,552 Sq Ft
    • 421 Gold Key Ln
    • New 7 days ago

    Remodeled 3BD/1BA ranch just steps from the Matanuska Trailhead in Palmer! Enjoy an updated interior, newer furnace, on-demand hot water heater, fresh exterior paint, and a versatile arctic entry room. Situated on a large, fenced corner lot near Sherrod Elementary. Easy commute location with local convenience and Alaska adventure right outside your door.

    Kelsea Doucakis Keller Williams Realty Alaska Group of Wasilla

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Palmer

Property Mix - Square Feet

Palmer Has More Owners

Demographics

Total Population
8,080
Median Age
36
Population under 18
26.7%
On par with the national average
23.8%
Population over 65
15.9%
On par with the national average
19.1%

Finances

Median Household Income
$72,660
Below the national average
$79,601
Average Household Income
$91,290

Education and Workforce

High School Graduates
93.7%
College Graduates
24.6%
Below the national average
34.1%
Advanced Degrees
8.6%
On par with the national average
13.3%
% Population in Labor Force
63%

Area Factors

Very Bikeable

Bike Score®®

78 / 100

Very Walkable

Walk Score®®

72 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Palmer