A typical Palmer home is worth about $283,000
Up 5% in a year, close to the Nebraska typical home.
Only 2 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Palmer?
Read from the numbers below. The page puts what stands out first.
81% of Palmer households own their home
Half of Palmer’s homes were built before 1946.
Nebraska: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Up 45% in five years
Faster than Nebraska (25.6%).
Show as a table
| January | Palmer | Nebraska |
|---|---|---|
| 2017 | $134,000 | $157,000 |
| 2018 | $143,000 | $167,000 |
| 2019 | $152,000 | $176,000 |
| 2020 | $161,000 | $187,000 |
| 2021 | $179,000 | $205,000 |
| 2022 | $206,000 | $227,000 |
| 2023 | $221,000 | $248,000 |
| 2024 | $238,000 | $259,000 |
| 2025 | $256,000 | $270,000 |
| 2026 | $278,000 | $278,000 |
| August 2026 | $283,000 | $281,000 |
A typical Palmer home worth $131K in September 2016 is worth about $283K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
What it takes to buy in Palmer
Try your own numbers below.
That’s $10K short of a typical Palmer home.
A two-bedroom rents for about $1,230 a month here, $610 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Nebraska typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,230
Renters already here pay a median of $875, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Howard County, NE HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Neighbors talk housing
What Palmer buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.