Why Live in Palermo
Palermo, located about 6 miles south of Oroville and 30 miles south of Chico, is a rural neighborhood known for its flat terrain, making it ideal for agriculture and building workshops. The area is characterized by single-family and manufactured homes, with many properties featuring large plots of land. Common home styles include single-story ranch and contemporary builds. Palermo is served by the Palermo Union Elementary School District and the Oroville Union High School District, with schools generally receiving average ratings. The neighborhood is primarily residential, with shopping and dining options available in nearby Oroville, including a Raley’s grocery store and various national chain restaurants. Local dining favorites include Jenn’s Café and The Cow Café & Grill, known for their homestyle American dishes. Feather Falls Casino & Lodge is a key entertainment venue, offering comedy shows, music events, and a hotel. Palermo Park provides recreational features such as horseshoe pits, a picnic shelter, a gazebo, and a playground, while the Palermo Pool, though closed for repairs in 2024, offers a wading pool and a main pool with a slide. The area lacks public transportation, so residents rely on cars for commuting, with Sacramento about 65 miles away via CA-70.
Home Trends in Palermo, CA
On average, homes in Palermo, Oroville sell after 236 days on the market compared to the national average of 70 days. The median sale price for homes in Palermo, Oroville over the last 12 months is $334,900, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$334,900
Median Single Family Sale Price
$308,900
Average Price Per Sq Ft
$151
Number of Homes for Sale
1
Last 12 months Home Sales
9
Median List Price
$339,030
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
6%
