Home prices
The median home value in Palmerton is $117,600. This is about $29,460 (20%) lower in comparison to other places in this area.Compared to the US as a whole it is roughly $99,900 (45%) lower, and it is approximately $45,400 (27%) lower in comparison to the city of Philadelphia.
Rents
Palmerton's median monthly rent is $863. Compared to its nearby areas this is about $58 (7%) higher.In comparison to the nation as a whole it is about $199 (18%) lower, and in comparison to the city of Philadelphia it is about $179 (17%) lower.
Nearby places
Bowmanstown
Bowmanstown is Palmerton's neighbor to the west. Its housing prices are a bit more expensive. Bowmanstown's median home price is $141,100, which is $23,500 (16%) higher than Palmerton. Rents there are a little less expensive. In Bowmanstown the median monthly rent is $736, which works out to $127 (17%) lower than Palmerton.
Parryville
Parryville is approximately 2 miles northwest of Palmerton. The housing prices there are somewhat more expensive. Parryville's median home value is $134,200, which is $16,600 (12%) higher than Palmerton. Rents there are a lot less expensive. In Parryville the median rent is $636 per month, which is $227 (35%) lower than Palmerton.
Slatington
Slatington is roughly 3 miles south from Palmerton. Real estate prices there are a little more expensive. The value of the median home in Slatington is $138,300, which is $20,700 (14%) higher than Palmerton. Its rents are a bit less expensive. In Slatington the median rent is $807 per month, which comes out to $56 (6%) lower than Palmerton.
Walnutport
Walnutport is roughly 3 miles south of Palmerton. Real estate prices there are somewhat more expensive. The median home value in Walnutport is $156,300, which comes out to $38,700 (24%) higher than Palmerton. The rent there is a little more expensive. Walnutport's median rent is $989 a month, which is $126 (12%) higher than Palmerton.
Weissport East
Weissport East is about 3 miles northwest of Palmerton. The housing prices there are a bit more expensive. The median home cost in Weissport East is $165,400, which works out to $47,800 (28%) higher than Palmerton. Rents there are pretty similar. The median rent in Weissport East is $857 a month, which is very similar to Palmerton.