Explore Palmer
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Why Live in Palmer
Palmer offers a quiet, rustic setting with a blend of valley and highland beauty, surrounded by tall pines and snow-capped ridges. Established in 1916, Palmer has a rich history, with 18 colony buildings from the 1930s and 1940s still standing in its nine-block historic downtown, including the Colony House Museum. Housing ranges from established homes to new construction, including two-story Craftsman homes in the Green Acres community and contemporary homes in Hidden Ranch. Residents enjoy well-kept yards and sometimes sidewalks on the flat streets. The community is prepared for occasional windstorms from the Matanuska River, with homes often featuring metal roofs. Palmer is known for its golf scene, with the Palmer Municipal Golf Course attracting players from all across the state. Locals also frequent the Sherrod sports complex, which includes a BMX Bike Park and a walking trail along the Matanuska River. The Matanuska-Susitna Borough School District serves the area, with highly rated schools like Swanson and Sherrod elementary schools. Restaurants include the family-owned Noisy Goose Restaurant and La Fiesta for Mexican cuisine. Palmer hosts annual events such as Colony Days and the Alaska State Fair, a 14-day event, featuring bands, carnival rides and a giant cabbage weigh-off. Despite its rural nature, Palmer is accessible, with Anchorage about 40 miles away and the Palmer Airport.
Home Prices in Palmer, AK
The median home sale price in Palmer, AK is $459,000, up 4% year-over-year. Homes in Palmer sell in 43 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$459,000
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Median Single Family Sale Price
$475,000
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Median 2 Bedroom Sale Price
$370,500
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Median 1 Bedroom Sale Price
$270,000
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Average Price Per Sq Ft
$266
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Number of Homes for Sale
78
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Last 12 months Home Sales
377
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Months of Supply
2.50
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Median List Price
$484,500
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Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
4%
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