Palmer Town, MA
Full City Profile · Massachusetts · Hampden County County
3.3
/5.0
B
Good
12,372
Population
392/sq mi density
$78,789
Median Income
$44,562 per capita
$255,000
Home Value
$337,919 Zillow
$1,041
Median Rent
28.5% income on rent
48°F
Avg Temperature
246 sunny days/yr
408
Violent Crime/100K
938 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$78,789 median income, 2.2% unemployment
A+
Affordability
4.9 / 5.0
$255,000 home value, $1,041/mo rent
F
Safety
1.0 / 5.0
408 violent crimes/100K (7% above avg)
C+
Education
2.9 / 5.0
24.0% bachelor's degree or higher
Housing Overview
Median Home Value
$255,000
10% below
US avg: $281,900
Median Rent
$1,041/mo
10% below
US avg: $1,163/mo
Homeownership Rate
70.0%
7% above US avg (65.4%)
Total Housing Units
5,714
Median year built: 1967
Home Value by Source
Census Median
$255,000
Zillow (ZHVI)
$337,919
Median Sale Price
$318,000
Median List Price
$335,413
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.0%
Owner-Occupied
30.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,727/mo
1 Bedroom
$1,822/mo
2 Bedroom
$2,300/mo
3 Bedroom
$2,858/mo
4 Bedroom
$3,232/mo
Census median rent:
$1,041/mo
Market Indicators (Redfin)
Median Days on Market
19 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$233
Active Inventory
10
homes for sale
Affordability & Housing Stock
Rent Burden
28.5%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
70.0%
Complete Housing Data
Home Values
| Census Median Value | $255,000 |
| Zillow Home Value (ZHVI) | $337,919 |
| Median Sale Price | $318,000 |
| Median List Price | $335,413 |
| Price Per Sq Ft | $233 |
Rent
| Census Median Rent | $1,041 |
| FMR Studio | $1,727 |
| FMR 1-Bedroom | $1,822 |
| FMR 2-Bedroom | $2,300 |
| FMR 3-Bedroom | $2,858 |
| FMR 4-Bedroom | $3,232 |
Market
| Days on Market | 19 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 13 |
| Active Inventory | 10 |
| Price Per Sq Ft | $233 |
Ownership & Stock
| Owner-Occupied | 70.0% |
| Renter-Occupied | 30.0% |
| Homeownership Rate | 70.0% |
| Total Housing Units | 5,714 |
| Median Year Built | 1967 |
| Rent Burden | 28.5% |
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