All Countries
Palmer Lake, CO
Full City Profile · Colorado · Douglas County County
4.7
/5.0
A+
Excellent
2,635
Population
853/sq mi density
$122,855
Median Income
$51,872 per capita
$454,000
Home Value
$528,830 Zillow
$1,913
Median Rent
22.5% income on rent
47°F
Avg Temperature
326 sunny days/yr
A+
Overall
4.7 / 5.0
Strong
A+
Economy
4.7 / 5.0
$122,855 median income, 4.3% unemployment
A+
Affordability
4.6 / 5.0
$454,000 home value, $1,913/mo rent
A+
Education
4.7 / 5.0
46.3% bachelor's degree or higher
Housing Overview
Median Home Value
$454,000
61% above
US avg: $281,900
Median Rent
$1,913/mo
64% above
US avg: $1,163/mo
Homeownership Rate
88.2%
35% above US avg (65.4%)
Total Housing Units
1,141
Median year built: 1983
Home Value by Source
Census Median
$454,000
Zillow (ZHVI)
$528,830
Median List Price
$605,250
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.2%
Owner-Occupied
11.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,083/mo
1 Bedroom
$1,161/mo
2 Bedroom
$1,429/mo
3 Bedroom
$1,861/mo
4 Bedroom
$2,178/mo
Census median rent:
$1,913/mo
Market Indicators (Redfin)
Sale-to-List Ratio
0.0%
Buyers market
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$0
Active Inventory
19
homes for sale
Affordability & Housing Stock
Rent Burden
22.5%
of renters spending 30%+ of income on housing
27% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
88.2%
Complete Housing Data
Home Values
| Census Median Value | $454,000 |
| Zillow Home Value (ZHVI) | $528,830 |
| Median List Price | $605,250 |
| Price Per Sq Ft | $0 |
Rent
| Census Median Rent | $1,913 |
| FMR Studio | $1,083 |
| FMR 1-Bedroom | $1,161 |
| FMR 2-Bedroom | $1,429 |
| FMR 3-Bedroom | $1,861 |
| FMR 4-Bedroom | $2,178 |
Market
| Days on Market | 0 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 21.1% |
| Active Inventory | 19 |
| Price Per Sq Ft | $0 |
Ownership & Stock
| Owner-Occupied | 88.2% |
| Renter-Occupied | 11.8% |
| Homeownership Rate | 88.2% |
| Total Housing Units | 1,141 |
| Median Year Built | 1983 |
| Rent Burden | 22.5% |