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Palmer

Palmer

Neighborhood in Alaska

Matanuska-Susitna Borough 99645

$297,295 Average Value
$250 Average Price per Sq Ft
7 Homes For Sale

Considered a rural, Mayberry kind of town, Palmer's blend of valley and highland beauty offers an escape from metropolitan buzz. Often called “Alaska at its Best,” streetscapes here are dotted with tall pines and the community is surrounded by snow-capped ridges.

Established in 1916 by George Palmer as a river trading post, it soon became a station on the Alaska Railroad. However, it was in 1935 that several hundred Midwest families headed to Palmer to pioneer a colony under President Roosevelt’s New Deal. Given a barn and 40 acres, these families were asked to establish Palmer as a farm community. Eighteen colony buildings from the ‘30s and ‘40s remain in a nine-block historic downtown, including the Colony House Museum. Residents commemorate Palmer’s founding families yearly with a Colony Days celebration and 5-K in June, and a Colony Christmas parade in December.

Palmer’s premier event, however, is the Alaska State Fair — the largest statewide. This lively 14-day extravaganza features bands, carnival rides, and a giant cabbage weigh-off. Thanks to summer days with 20 hours of sunshine, Palmer is known for producing mammoth vegetables. And if you love to witness nature’s forces in Alaska, Palmer delivers. Neighbors stay prepared for windstorms that sometimes blow in from the Matanuska River, and homes are often fortified with metal roofs.

Home styles can range from a two-bedroom ‘80s downtown fixer-upper for $215,000 to a five-bedroom home with painted vertical siding for $425,000. You can also find newly constructed two-story Craftsman homes in the Green Acres community for $455,000 and new contemporary three-bedroom homes in the Hidden Ranch community for around $490,000. Yards are well-kept; and depending on where you live, Palmer’s flat streets sometimes feature sidewalks. George Collum, General Manager for the Palmer Municipal Golf Course, says, “I’ve talked to homeowners who’ve chosen to live in Palmer specifically because they can golf here in the valley. There’s the Mountain Rose Estates senior community about a mile down the street, where you’ll find many residents who golf. There’s also the new Rocky Point development with homes scattered around the course.” Local athletes play baseball and soccer at the Sherrod sports complex, where you’ll also find a BMX Bike Park and a walking trail along the Matanuska River.

While you won’t live here to walk to large employers, you commute to downtown Anchorage within about 40 miles. Collum adds, “One of the many interesting things about Palmer’s 18-hole championship course is that it’s situated right by Palmer Airport, which serves a lot of private planes. So, golfers actually fly in from other parts of the state to play for the day. It’s a public course, on flat terrain right along the Mat River, ranked by Golf Digest as one of Alaska’s best courses. And because we allow walking, it’s an excellent community resource for exercise when we have such long winters here. We have members who play 100 rounds of golf anywhere from mid-April to late October.”

Palmer public schools are within the Matanuska-Susitna Borough School District, which earns an A-minus grade from Niche. Younger students can start their journey at Swanson or Sherrod elementary schools, both earning a B-plus from Niche, before moving on to Palmer Middle which Niche gives a B-minus grade. Older students head to Palmer High, which earns an overall B grade from Niche. In 2022 and 2023, Palmer High’s girls’ cross-country team won the Division II state title.

Locals enjoy homestyle meals and specialty apps such as corn fritters with honey butter at the high-spirited, family-owned Noisy Goose Restaurant when dining out. When the mood for authentic Mexican hits, colorful La Fiesta is the spot for “Las Famosas Fajitas.” For all your at-home cooking and essential needs, you can stock up at Fred Meyer, or across the street at Carr’s. In Palmer, you’ll enjoy a quiet suburban tempo, cherished community events, and recreation in a scenic Alaskan valley.

Lia Girard
Written By
Lia Girard
Chad Jackson
Photography Contributed By
Chad Jackson
Mike Dunleavy
Video By
Mike Dunleavy

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Janis Tolbert, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Palmer US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 5 4
Motor Vehicle Theft 4 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$366,500
Median Single Family Price
$368,637
Median 2 Bedroom Price
$337,500
Average Price Per Sq Ft
$250
Number of Homes for Sale
7
Last 12 months Home Sales
88
Months of Supply
1.00
Median List Price
$365,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
2%

Home Facts

Number of Homes in Neighborhood
1,260
Median Year Built
2014
Avg. Single Family Home Size Sq Ft
1,762
Below the national average
1,935
Average 2 Bedroom Size Sq Ft
1,633
Average 1 Bedroom Size Sq Ft
1,047
Median Lot Size Sq Ft
20,037

Open Houses

  • Friday, Apr 25
    5 - 7pm

    1150 E Mountain Peak Loop, Palmer, AK 99645

    $525,000

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 1150 E Mountain Peak Loop
    • New 2 days ago

    Welcome to this stunning ranch nestled in one of Palmer's most picturesque settings--with breathtaking views and top-tier upgrades at every turn. From the moment you arrive, you'll notice the elevated craftsmanship, custom details, and thoughtful finishes that make this home truly one-of-a-kind.Step inside to soaring 9' ceilings, hand-textured walls, and luxury vinyl plank flooring throughout.

    Kelsea Doucakis Keller Williams Realty Alaska Group of Wasilla

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  • Saturday, Apr 26
    11am - 1pm

    1308 S Chugach St, Palmer, AK 99645

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,192 Sq Ft
    • 1308 S Chugach St
    • New 10 days ago

    Located short walk from downtown Palmer and directly across from Palmer Middle School, this single-story home offers convenience and comfort. Enjoy a spacious living room with abundant natural light, a functional layout with both front and side entries, and a master bedroom featuring a double closet and ceiling fan. Move-in ready with washer, dryer, and refrigerator included. More photos soon.

    Marty Van Diest Valley Market Real Estate

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  • Saturday, Apr 26
    12 - 3pm

    404 N Denali St, Palmer, AK 99645

    $425,000

    • 4 Beds
    • 2.5 Baths
    • 1,901 Sq Ft
    • 404 N Denali St

    Welcome to 404 N Denali St., Palmer, AK, where charm meets convenience! This beautiful 4-bedroom, 2.5-bathroom traditional home offers 1,901 sq. ft. of comfortable living space in the heart of Palmer. Built in 2010, this well-maintained home is located within city limits and provides easy access to local shops, dining, and schools. Step inside to find a spacious and inviting layout with an

    Jeremy Burke Real Broker Wasilla

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Janis Tolbert, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
8,080
Median Age
36
Population Density
2 ppl/acre
Population under 18
26.7%
On par with the national average
23.8%
Population over 65
15.9%
On par with the national average
19.1%

Finances

Median Household Income
$72,660
On par with the national average
$71,702
Average Household Income
$91,290

Education and Workforce

High School Graduates
93.7%
College Graduates
24.6%
Below the national average
34.1%
Advanced Degrees
8.6%
On par with the national average
13.3%
% Population in Labor Force
63%

Area Factors

Very Bikeable

Bike Score®

78 / 100

Somewhat Walkable

Walk Score®

69 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Palmer