Why Live in Palmer
Palmer, AK, offers a quiet, rustic setting with a blend of valley and highland beauty, surrounded by tall pines and snow-capped ridges. Established in 1916, Palmer has a rich history, with 18 colony buildings from the 1930s and 1940s still standing in its nine-block historic downtown, including the Colony House Museum. Housing options range from established homes to new constructions, including two-story Craftsman homes in the Green Acres community and contemporary homes in Hidden Ranch. Residents enjoy well-kept yards and sometimes sidewalks on the flat streets. The community is prepared for occasional windstorms from the Matanuska River, with homes often featuring metal roofs. Palmer is known for its golf scene, with the Palmer Municipal Golf Course attracting players from across the state. Local athletes also frequent the Sherrod sports complex, which includes a BMX Bike Park and a walking trail along the Matanuska River. The Matanuska-Susitna Borough School District serves the area, with highly rated schools like Swanson and Sherrod elementary schools. Dining options include the family-owned Noisy Goose Restaurant and La Fiesta for Mexican cuisine. Palmer hosts annual events such as Colony Days and the Alaska State Fair, a 14-day event featuring bands, carnival rides, and a giant cabbage weigh-off. Despite its rural nature, Palmer is accessible, with Anchorage about 40 miles away and Palmer Airport serving private planes.
Home Trends in Palmer, AK
On average, homes in Palmer, AK sell after 51 days on the market compared to the national average of 51 days. The median sale price for homes in Palmer, AK over the last 12 months is $450,000, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$450,000
Median Single Family Sale Price
$466,635
Median 2 Bedroom Sale Price
$372,500
Average Price Per Sq Ft
$253
Number of Homes for Sale
99
Last 12 months Home Sales
421
Median List Price
$474,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%