Home values, rents and more in Palmer, AK
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How Palmer compares
The typical home in Palmer, AK is worth about $440,000, according to the Zillow Home Value Index for September 2026. Home values in Palmer are 4% above the typical value in the Anchorage metro area ($425,000) and 20% above the U.S. typical value ($366,000).
Over the past year, home values in Palmer rose 7.2%, compared with +5.7% in the Anchorage metro area and +1.2% nationally.
Typical rent is $2,225 a month (Zillow Observed Rent Index), 18% above the Anchorage metro area ($1,890) and 15% above the U.S. ($1,932).
The median household income is $72,201, against $100,505 in the Anchorage metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 6,268 people live in Palmer (American Community Survey 2020–24).
Palmer has the highest typical home value of the 5 cities in the Anchorage metro area and the 6th-highest of 35 in Alaska with Zillow figures.
Part of: Matanuska-Susitna Borough, AK · Anchorage metro area · Alaska
More for Palmer in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Palmer, AK
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.