Palermo, CA Real Estate

According to census data in the year 2000 there were 2,189 housing units in Palermo. This represents a 8.6% growth from 2,015 in 1990.

Of those housing units, 801 were located in either urbanized areas or urban clusters, and 1,388 were located in what is classified as a rural area.

Homeownership rate in Palermo is about 77.7%. Palermo's vacancy rate, including seasonal lodging, is about 7.6%. Average household size is 2.88 people.

The majority of houses, apartments or condos in Palermo were built after 1974.


Housing Size

Housing Units by Size
Studio Type3.50%
One Bedroom12.10%
Two Bedrooms36.40%
Three Bedrooms38.90%
Four Bedrooms7.90%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1975
Median Value of occupied units$92,700
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size3.47
Median year structure was built1969
Median Monthly Rent asked for vacant units$371

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.80%
Home Equity Loan6.60%
Simple Mortgage54.30%
Debt Free35.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%