Home prices
The value of the median home in Palermo is $129,200. In comparison to other places in this area this is about $8,360 (6%) higher.In comparison to the country as a whole it is about $88,300 (40%) lower, and is approximately $79,500 (38%) lower compared to the city of Minot.
Rents
Palermo's median rent is $631 a month. This is about $291 (31%) lower in comparison to other places in this area.In comparison to the country as a whole it is roughly $431 (40%) lower, and is approximately $287 (31%) lower in comparison to the city of Minot.
Nearby places
Stanley
Stanley is about 6 miles west of Palermo. The housing prices there are a little more expensive. Stanley's median home cost is $178,400, which works out to $49,200 (27%) higher than Palermo. The rent there is somewhat more expensive. In Stanley the median rent is $903 per month, which comes out to $272 (30%) higher than Palermo.
Ross
Ross is roughly 12 miles west from Palermo. Its housing prices are substantially less expensive. The median home value in Ross is $26,900, which comes out to $102,300 (380%) lower than Palermo. Its rents are substantially more expensive. In Ross the median monthly rent is $1,091, which works out to $460 (42%) higher than Palermo.
Berthold
Berthold is approximately 18 miles east from Palermo. The real estate prices there are significantly more expensive. The median home price in Berthold is $194,200, which is $65,000 (33%) higher than Palermo. Its rents are a little less expensive. Berthold's median rent is $581 per month, which is $50 (8%) lower than Palermo.
Kenmare
Kenmare is about 20 miles north from Palermo. Real estate prices there are substantially less expensive. Kenmare's median home value is $97,200, which works out to $32,000 (32%) lower than Palermo. Rent there is somewhat more expensive. Kenmare's median monthly rent is $735, which works out to $104 (14%) higher than Palermo.
Carpio
Carpio is about 20 miles east of Palermo. Its real estate prices are somewhat less expensive. The median home in Carpio costs $107,500, which comes out to $21,700 (20%) lower than Palermo. Rent there is a lot more expensive. In Carpio the median monthly rent is $1,300, which works out to $669 (51%) higher than Palermo.