Home prices
The median home in Palmer is valued at $82,000. Compared to its nearby areas this is about $9,340 (10%) lower.In comparison to the rest of the nation it is approximately $135,500 (62%) lower, and in comparison to the city of Huntsville is about $100,900 (55%) lower.
Rents
The median monthly rent in Palmer is $616. This is roughly $36 (5%) lower compared to other places in this area.It is about $446 (41%) lower compared to the rest of the nation, and it is about $211 (25%) lower compared to the city of Huntsville.
Nearby places
Gruetli-Laager
Gruetli-Laager is Palmer's neighbor to the west. Its real estate prices are a little more expensive. The median home in Gruetli-Laager costs $87,200, which works out to $5,200 (5%) higher than Palmer. The rent there is similar. The median monthly rent in Gruetli-Laager is $629, which is $13 (2%) higher than Palmer.
Dunlap
Dunlap is about 8 miles east from Palmer. The housing prices there are a little more expensive. The median home in Dunlap is valued at $107,500, which works out to $25,500 (23%) higher than Palmer. Rent there is somewhat more expensive. The median rent in Dunlap is $695 a month, which is $79 (11%) higher than Palmer.
Altamont
Altamont is approximately 10 miles northwest of Palmer. Housing prices there are a bit less expensive. Altamont's median home cost is $73,800, which works out to $8,200 (11%) lower than Palmer. Its rents are similar. In Altamont the median monthly rent is $618, which is very similar to Palmer.
Tracy City
Tracy City is roughly 11 miles southwest from Palmer. Its real estate prices are a bit more expensive. The value of the median home in Tracy City is $103,600, which is $21,600 (20%) higher than Palmer. Rent there is pretty similar. In Tracy City the median monthly rent is $604, which comes out to $12 (1%) lower than Palmer.
Whitwell
Whitwell is about 12 miles south of Palmer. Its housing prices are pretty similar. The median home price in Whitwell is $84,600, which is $2,600 (3%) higher than Palmer. Rent there is somewhat more expensive. Whitwell's median monthly rent is $713, which works out to $97 (13%) higher than Palmer.
