Palermo, CA Housing Market
Median List Price
$326,000
Updated August 2026
Today, Palermo has 3 homes for sale at a median list price of $326,000, typically selling in about 14 days.
Palermo Market Analysis
Buyers in Palermo, CA are looking at a median list price of $326,000. Median pricing works out to $208 per square foot. Since January, the median price has moved up about 68.4% to $160,000 as of July.
It takes about 60 days for the typical home here to go under contract. That longer timeline gives buyers some leverage in negotiations. Palermo, CA has 3 active listings on the market right now. 2 new listings came on the market in the last 30 days. Most of what is for sale here is manufactured homes, about 66.7% of the mix, with single family homes accounting for another 33.3%.
Palermo Market Pulse
Topfind Market Read
Sellers hold the edge right now. The typical home sells in about 14 days, and 100% of current listings are under 30 days old. At the same time, 33% of sellers have trimmed their asking price, so the market is not running away from buyers. Sellers can price with confidence, while buyers should arrive pre-approved and ready to decide quickly.
Median Home Price
$326K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.0 months of supply
Balanced Supply3 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~14 days.
Sales Velocity
How fast homes are selling
Homes are selling quickly, which gives sellers leverage, though prepared buyers can still compete.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Palermo
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
66%
Homeowners
34%
Renters
Homeownership is 10.5 points higher than the California average (55.5%)
2,067 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $-11K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$-11K)
Price Reductions
1 listings have reduced their price
33% of active listings
Average reduction: 2.7% (~$9K)
Browse Palermo Listings
Frequently Asked Questions about the Palermo, CA Housing Market
What is the median home price in Palermo, CA?
The median list price in Palermo is $326,000 as of August 2026, based on 3 active listings.
Is Palermo a buyer's market or a seller's market?
Palermo currently reads as a strong seller's market. Active inventory works out to about 3.0 months of supply at the recent sales pace.
How fast do homes sell in Palermo?
Homes that closed in the last 90 days typically went under contract in about 60 days. The average home currently for sale has been on the market for 14 days.
How many homes are for sale in Palermo, CA?
There are 3 homes for sale in Palermo right now.