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Advertise here →Palmer, AK · Market Data
Palmer, Alaska real estate market data.
Real estate market data for Palmer, AK (Matanuska-Susitna Borough) — Census median home value $275,900, county listing prices up about 5.3% over the past year.
Palmer, AK is in Matanuska-Susitna Borough, Alaska — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 6,141, with a median household income of $70,550. Census data puts Palmer's median home value at $275,900.
At a glance
Palmer market snapshot
Population
6,141
Median Household Income
$70,550
Median Home Value (city)
$275,900
Median Gross Rent
$1,134/mo
Price Trend (YoY)
+5.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Palmer
What makes Palmer different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Palmer's median home value — across all owner-occupied homes, not just recent sales — at $275,900.
County Price Trend
Matanuska-Susitna Borough's FHFA house price index shows a 5.29% annual change in 2025.
Population & Income
Palmer has an estimated population of 6,141 and a median household income of $70,550, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Palmer's Census-reported median home value works out to about 3.9x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Palmer FAQ
What are home values like in Palmer, AK?
The Census Bureau's American Community Survey puts Palmer's median home value at $275,900.
What is the population of Palmer, AK?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Palmer's population at approximately 6,141.
What's the median rent in Palmer, AK?
The Census ACS estimates median gross rent in Palmer at approximately $1,134 per month.
What is the median household income in Palmer, AK?
Census ACS data puts the median household income in Palmer at approximately $70,550.
Is the Palmer housing market growing?
Matanuska-Susitna Borough's FHFA house price index shows a 5.29% annual change in 2025.
Is Palmer, AK affordable relative to income?
Census ACS data puts Palmer's median home value at about 3.9 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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