Palmer, TN Real Estate

According to census data in the year 2000 there were 338 housing units in Palmer. This represents a 13.4% growth from 298 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 338 were located in what is classified as a rural area.

Homeownership rate in Palmer is about 92.2%. Palmer's vacancy rate, including seasonal lodging, is about 8.6%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Palmer were built after 1969.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom5.90%
Two Bedrooms40.50%
Three Bedrooms45.60%
Four Bedrooms4.40%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1969
Median Value of occupied units$38,700
Median Price asked for vacant units$27,500

Rented Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1965
Median Monthly Rent asked for vacant units$125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan2.50%
Simple Mortgage31.30%
Debt Free60.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%