Palermo, CA housing market
The typical Palermo home is worth about $243,000, down 1.5% in a year, 68% below the California typical home.
Home values, sales, trends and how Palermo compares with the towns next door — updated as new data is published.
Palermo at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Palermo | California |
|---|---|---|
| 2017 | $165,000 | $453,000 |
| 2018 | $188,000 | $501,000 |
| 2019 | $199,000 | $539,000 |
| 2020 | $232,000 | $551,000 |
| 2021 | $253,000 | $607,000 |
| 2022 | $271,000 | $703,000 |
| 2023 | $274,000 | $727,000 |
| 2024 | $248,000 | $758,000 |
| 2025 | $243,000 | $782,000 |
| 2026 | $248,000 | $767,000 |
| August 2026 | $243,000 | $764,000 |
Palermo and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Palermo | $243K | −1.5% | — | $50,588 |
| Oroville East | — | — | 95 | $94,512 |
| South Oroville | — | — | — | $65,409 |
| Oroville | $308K | −1.1% | 43 | $52,270 |
| Bangor | $366K | +0.1% | — | $120,347 |
4.8 years of income
The typical Palermo home costs about 4.8 years of the town's median household income, less than across California (7.7 years).
How Palermo ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.