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Palmer, AK Housing

 
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As of 2010-2014, median price of a house in Palmer is $187,300, which is lower than the state average of $246,300 and is higher than the national average of $175,700. The Palmer median house value has grown by 82.55% since 2000. The growth rate for the price of a house in Palmer is higher than the state average rate of 70.80% and is higher than the national average rate of 46.91%. The median year that a house in Palmer was built is 1987, which is newer than the median year for a house built in the state which is 1983 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,253 Owner Occupied Houses in Palmer, AK, #92
Palmer, AK
187,300 USD
Alaska
246,300 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #119
Palmer, AK
82.55%
Alaska
70.80%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Palmer, AKAlaskaU.S.
Total Housing Units2,240, see rank, 100%307,820132,741,033
Occupied Housing Units2,120, 94.64%, see rank81.76%87.55%
Owner Occupied1,253, 55.94%, see rank51.79%56.34%
Renter Occupied867, 38.71%, see rank29.97%31.21%
Vacant Housing Units120, 5.36%, see rank18.24%12.45%
For Rent19, 0.85%, see rank1.87%2.34%
For Sale Only19, 0.85%, see rank0.85%1.20%
Rented or Sold, Not Occupied12, 0.54%, see rank1.01%0.92%
For Seasonal, Recreational, or Occasional Use21, 0.94%, see rank9.91%3.97%
For Migrant Workers0, 0.00%, see rank0.17%0.03%
Other Vacant49, 2.19%, see rank4.43%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #78
Palmer, AKAlaskaU.S.
198719831976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Palmer, AK%AlaskaU.S.
Owner-Occupied Units1,253100%159,41574,787,460
With a Mortgage97878.05%, see rank66.04%65.58%
Without a Mortgage27521.95%, see rank33.96%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Palmer, AK
1,426 USD
Alaska
1,843 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsPalmer, AK%AlaskaU.S.
$299 or Less60.61%, see rank0.17%0.20%
$300 to $49920.20%, see rank0.91%1.59%
$500 to $69970.72%, see rank2.21%5.01%
$700 to $99912512.78%, see rank5.90%14.32%
$1,000 to $1,49940841.72%, see rank21.02%27.90%
$1,500 to $1,99929129.75%, see rank28.89%20.35%
$2,000 to $2,99912913.19%, see rank31.27%19.52%
$3,000 or More101.02%, see rank9.63%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Palmer, AK
24.20% of the Total Income
Alaska
22.80% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Palmer, AK%AlaskaU.S.
10% or Less495.01%, see rank5.95%5.86%
10% to 20%30831.49%, see rank34.06%31.95%
20% to 30%32933.64%, see rank30.44%27.64%
30% to 40%14414.72%, see rank13.46%13.74%
40% or More14815.13%, see rank15.95%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Palmer, AK
421 USD
Alaska
555 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsPalmer, AK%AlaskaU.S.
$199 or Less217.64%, see rank7.91%7.76%
$200 to $2992910.55%, see rank9.62%14.70%
$300 to $49913850.18%, see rank25.42%34.63%
$500 to $6996222.55%, see rank26.77%21.16%
$700 or More259.09%, see rank30.28%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Palmer, AK
10.00% of the Total Income
Alaska
10.80% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Palmer, AK%AlaskaU.S.
10% or Less14452.36%, see rank46.71%40.19%
10% to 20%7025.45%, see rank30.56%31.47%
20% to 30%165.82%, see rank9.61%12.24%
30% to 40%207.27%, see rank4.31%5.64%
40% or More228.00%, see rank8.49%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Palmer, AKAlaskaU.S.
Total Housing Units2,240, 100%307,820132,741,033
1-unit, Detached1,475, 65.85%, see rank63.00%61.65%
1-unit, Attached90, 4.02%, see rank7.61%5.82%
2 Units80, 3.57%, see rank4.94%3.75%
3 or 4 Units158, 7.05%, see rank7.04%4.43%
5 to 9 Units183, 8.17%, see rank4.64%4.78%
10 or More Units218, 9.73%, see rank7.78%13.08%
Mobile Home, Boat, RV, Van, etc.36, 1.61%, see rank5.00%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Palmer, AKAlaskaU.S.
Total Housing Units2,240, 100%307,820132,741,033
1 Room49, 2.19%, see rank5.79%1.95%
2 Rooms167, 7.46%, see rank7.74%2.48%
3 Rooms221, 9.87%, see rank13.20%9.13%
4 Rooms362, 16.16%, see rank19.05%16.60%
5 Rooms507, 22.63%, see rank18.17%20.41%
6 Rooms460, 20.54%, see rank13.81%18.06%
7 Rooms205, 9.15%, see rank9.08%12.27%
8 Rooms115, 5.13%, see rank6.01%8.48%
9 Rooms or More154, 6.88%, see rank7.14%10.60%
Median Rooms5.10, see rank4.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Palmer, AKAlaskaU.S.
Total Housing Units2,240, 100%307,820132,741,033
No Bedroom52, 2.32%, see rank6.10%2.17%
1 Bedroom261, 11.65%, see rank14.60%11.16%
2 Bedrooms497, 22.19%, see rank26.63%26.69%
3 Bedrooms933, 41.65%, see rank34.72%39.70%
4 Bedrooms434, 19.38%, see rank14.30%16.05%
5 or More Bedrooms63, 2.81%, see rank3.65%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Palmer, AKAlaskaU.S.
Total Housing Units2,120, 100%251,678116,211,092
Utility Gas1,794, 84.62%, see rank48.28%48.85%
Bottled, Tank, or LP Gas4, 0.19%, see rank1.42%4.86%
Electricity247, 11.65%, see rank11.43%36.68%
Fuel Oil, Kerosene, etc.49, 2.31%, see rank31.25%5.86%
Coal or Coke0, 0.00%, see rank0.33%0.12%
Wood11, 0.52%, see rank6.25%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel10, 0.47%, see rank0.65%0.47%
No Fuel Used5, 0.24%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalPalmer, AKAlaskaU.S.
Occupied Units Paying Rent852, 100%84,68339,201,928
$199 or Less3, 0.35%, see rank0.95%1.50%
$200 to $29922, 2.58%, see rank0.98%3.18%
$300 to $49943, 5.05%, see rank5.08%7.37%
$500 to $699136, 15.96%, see rank7.12%16.01%
$700 to $999314, 36.85%, see rank24.89%29.17%
$1,000 to $1,499216, 25.35%, see rank34.67%26.88%
$1,500 to $1,999104, 12.21%, see rank15.89%9.79%
$2,000 or More14, 1.64%, see rank10.41%6.10%
Median$920, see rank$1,131$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Palmer, AKAlaskaU.S.
Occupied Housing Units2,120, 100%251,678116,211,092
No Vehicles Available158, 7.45%, see rank9.59%9.12%
1 Vehicles Available820, 38.68%, see rank31.80%33.80%
2 Vehicles Available755, 35.61%, see rank37.55%37.48%
3 or More Vehicles Available387, 18.25%, see rank21.05%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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