Home prices
Palmer's median home cost is $83,500. It is approximately $24,640 (41%) higher compared to its surrounding areas.It is roughly $134,000 (61%) lower compared to the rest of the country, and it is about $86,300 (50%) lower compared to the city of Lincoln.
Rents
Palmer's median monthly rent is $683. This is about $145 (26%) higher compared to its surrounding areas.In comparison to the country as a whole it is roughly $379 (35%) lower, and is about $169 (19%) lower in comparison to the city of Lincoln.
Nearby places
Linn
Linn is about 3 miles northeast from Palmer. Its housing prices are a bit less expensive. The value of the median home in Linn is $70,000, which is $13,500 (19%) lower than Palmer. Rent there is a bit less expensive. Linn's median rent is $613 per month, which is $70 (11%) lower than Palmer.
Clifton
Clifton is roughly 7 miles southwest from Palmer. Housing prices there are substantially less expensive. The median home value in Clifton is $58,300, which works out to $25,200 (43%) lower than Palmer. Its rents are substantially less expensive. In Clifton the median rent is $344 a month, which works out to $339 (98%) lower than Palmer.
Greenleaf
Greenleaf is approximately 9 miles northeast of Palmer. The real estate prices there are a lot less expensive. The median home cost in Greenleaf is $45,400, which works out to $38,100 (83%) lower than Palmer. The rent there is a lot less expensive. In Greenleaf the median monthly rent is $418, which comes out to $265 (63%) lower than Palmer.
Morganville
Morganville is roughly 11 miles south of Palmer. Housing prices there are significantly less expensive. The median home in Morganville costs $55,000, which is $28,500 (51%) lower than Palmer. The rent there is fairly similar. Morganville's median rent is $670 per month, which comes out to $13 (1%) lower than Palmer.
Clyde
Clyde is roughly 12 miles west of Palmer. Its real estate prices are a bit less expensive. The median home in Clyde is valued at $65,600, which comes out to $17,900 (27%) lower than Palmer. Rent there is somewhat less expensive. The median monthly rent in Clyde is $647, which comes out to $36 (5%) lower than Palmer.