17 homes in zoned to Palermo Community Day
Palermo, CA

About Palermo: Palermo Community Day is located in Palermo. Palermo is a census-designated place (CDP) in Butte County, California, United States. The population was 5,555 at the 2020 census, up from 5,382 at the 2010 census.
These are homes for sale inside the attendance boundary for Palermo Community Day in Palermo. Every home here is actually assigned to this school per the official attendance zone, not just nearby. This zone has 4 active listings.
Topfind Market Read
Sellers hold the edge right now. There is only 1.0 months of supply, and the typical home sells in about 11 days. At the same time, 25% 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
$363K
Chart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
1.0 months of supply
Tight Supply4 active listings against the current sales pace works out to about 1.0 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~11 days.
Sales Velocity
How fast homes are selling
Homes are selling extremely fast, so expect multiple offers, quick decisions, and limited room to negotiate.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in Palermo Community Day Area
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 $8K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$229K)
Price Reductions
1 listings have reduced their price
25% of active listings
Average reduction: 2.7% (~$10K)
As a middle school, Palermo Community Day operates within the Palermo Union Elementary district. Buyers in the Palermo Community Day attendance zone are looking at a median list price of $362,950. Compared with Palermo overall, that is an 11.3% premium. Since February, the median price has moved down about 1.9% to $295,000 as of July. The Palermo Community Day attendance zone has 4 active listings on the market right now. This page is limited to homes zoned to Palermo Community Day, based on its mapped attendance boundary.
Browse homes for sale in cities near Palermo
There are currently 4 homes for sale in Palermo Community Day Area, ranging from $99,000 to $610,000.
The median list price in Palermo Community Day Area is $362,950. Price per square foot averages $217.
Homes in Palermo Community Day Area currently average 11 days on the market, a very fast pace where well-priced homes attract offers within days.
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