Palmer, AK Real Estate

According to census data in the year 2000 there were 1,593 housing units in Palmer. This represents a 36.3% growth from 1,169 in 1990.

Of those housing units, 1,536 were located in either urbanized areas or urban clusters, and 57 were located in what is classified as a rural area.

Homeownership rate in Palmer is about 64.7%. Palmer's vacancy rate, including seasonal lodging, is about 5%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Palmer were built after 1983.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom16.80%
Two Bedrooms20%
Three Bedrooms46.40%
Four Bedrooms14.40%
Five Bedrooms or more1.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.2
Median year structure was built1985
Median Value of occupied units$102,600
Median Price asked for vacant units$107,500

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1978
Median Monthly Rent asked for vacant units$698

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7%
Home Equity Loan4.40%
Simple Mortgage75.70%
Debt Free13%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%