Home

Palmer, MA Real Estate


According to census data in the year 2000 there were 1,871 housing units in Palmer. This represents a 0.5% decline from 1,881 in 1990.

Of those housing units, 1,684 were located in either urbanized areas or urban clusters, and 187 were located in what is classified as a rural area.

Homeownership rate in Palmer is about 48.9%. Palmer's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.14 people.

The majority of houses, apartments or condos in Palmer were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom23.80%
Two Bedrooms30.40%
Three Bedrooms31.20%
Four Bedrooms9.80%
Five Bedrooms or more2.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1949
Median Value of occupied units$113,000

Rented Homes, Apartments and Condos

Average Household Size1.52
Median year structure was built1963
Median Monthly Rent asked for vacant units$523

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage4.30%
Home Equity Loan8.30%
Simple Mortgage58.50%
Debt Free28.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22%