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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
70%
30%
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 Market19
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold13
Active Inventory10
Price Per Sq Ft$233

Ownership & Stock

Owner-Occupied70.0%
Renter-Occupied30.0%
Homeownership Rate70.0%
Total Housing Units5,714
Median Year Built1967
Rent Burden28.5%