Palmer, AK · Houses & Market Data

Palmer, Alaska houses and real estate market data.

Houses in Palmer, AK (Matanuska-Susitna Borough) — Census median home value $275,900, county listing prices up about 5.3% over the past year. Market data for Palmer houses and the broader area.

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Palmer, AK is in Matanuska-Susitna Borough, Alaska — this guide covers houses in Palmer and the whole local market: 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 the median value of houses in Palmer at $275,900.

Info from government sites and builders may have provided source info.

Market overview

Palmer housing market

Palmer is in Matanuska-Susitna Borough, Alaska. Manifest Census and county price-trend data provide baseline context for houses in Palmer and the surrounding county market.

Median home value (Census ACS)

$275,900

Population (Census ACS)

6,141

Median household income

$70,550

County price trend (2025)

5.29% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Palmer market snapshot

Population

6,141

County

Matanuska-Susitna Borough

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. See About

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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.

Nearby

Places around Palmer

County guide: Matanuska-Susitna Borough — cities, market context, and local resources for the county that includes Palmer.

USAHouses.com also helps visitors looking in nearby Matanuska-Susitna Borough and other Alaska communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Farm Loop, Gateway, Buffalo Soapstone, Butte, North Lakes, South Lakes, Lazy Mountain, Knik River, Fishhook, Tanaina, Wasilla, Sutton-Alpine, Meadow Lakes, Knik-Fairview, Houston, Willow.

More Alaska cities with market guides: Anchorage, Fairbanks, Juneau city and borough, Badger, College, Sitka city and, Ketchikan, Kalifornsky.

Adjacent-county Census places with USAHouses.com pages: Anchorage (~29.8 mi), Sunrise (~51.6 mi), Hope (~52.1 mi), Whittier (~58.6 mi), Point Possession (~70.0 mi), Beluga (~74.0 mi), Moose Pass (~76.3 mi), Cooper Landing (~80.0 mi), Crown Point (~81.3 mi), Tyonek (~81.3 mi), Primrose (~87.0 mi), Sterling (~92.3 mi), Nikiski (~92.6 mi), Tatitlek (~94.7 mi), Funny River (~95.1 mi), Bear Creek (~96.4 mi).

New construction: Alaska new construction.

Census & home facts

Palmer data from published sources

Population (ACS 2023)

6,141

Median home value (ACS 2023)

$275,900

Median household income (ACS 2023)

$70,550

Median gross rent (ACS 2023)

$1,134

County FHFA annual change (2025)

5.29%

Census place type

city

County

Matanuska-Susitna Borough

Land area (Census Gazetteer 2024)

5.07 sq mi

Census GEOID

0258660

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

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Common questions

Palmer FAQ

What are houses worth in Palmer, AK?

The Census Bureau's American Community Survey puts the median value of houses in Palmer at $275,900.

How much do houses cost in Palmer, AK?

For owner-occupied houses in Palmer, Census ACS data shows a median value of $275,900. Active listing prices in Matanuska-Susitna Borough may differ — see the market snapshot above.

What types of houses are in Palmer, AK?

Palmer houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Matanuska-Susitna Borough communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

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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