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Today: September 22, 2025

Current Price

$97,421

1 Month Forecast

$97,691

1-Year Forecast *

$98,733

5-Year Forecast *

$105,540

"Is it a good time to buy homes in Palmer?" "Does investing in real estate in Palmer (Illinois State, Christian County) worth it?" According to our live Forecast System, buying a house in Palmer is a not so good short-term (1-year) investment*. The Palmer average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Palmer" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Palmer in Illinois State, Christian County. If you are looking for homes for sale with good flipping profit, Palmer can be a profitable property investment option. The median price of an average house in Palmer was 97,421 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Palmer" area is 105,540 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +8.33% meaning that investing 100000 USD today may yield a profit of 8,334 USD by 2030.

Current Median Listing Price: 97,421 USD Median Listing Price Per Square Foot: 54 USD

Palmer Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Palmer (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Palmer Price Target

Palmer median home price target in 12 months: $98,733* (upside of 1.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $97,044 $97,421 $96,900 $100,594
2023 $96,441 $96,939 $96,365 $101,755
2022 $88,468 $96,370 $88,468 $96,370
2021 $0 $87,490 $0 $88,744
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0
2011 $0 $0 $0 $0

Questions & Answers about the Palmer Housing Market Forecast

How much does an average home cost in Palmer today?

The value of an average home (the listing price) in Palmer is $97,421 USD.

What is the average price per square foot in Palmer?

According to Walletinvestor the median price per square foot in Palmer is 54 USD.

Will the median listing price of homes in Palmer grow / rise / go up?

Yes. The Palmer home prices may rise from 97,421 USD to 98,733 USD in one year.

Is it profitable to invest in Palmer homes?

Yes. The long-term profit potential is +1.35% in one year.

Will Palmer house prices fall / drop?

No. See above.

What is the predicted price of a Palmer home in 2030?

The predicted home sales price of a Palmer home in 2030 in Palmer is 105,540 USD.

What is the predicted price of a Palmer home in 2035?

The predicted home sales price of a Palmer home in 2035 in Palmer is 116,585 USD.

Will real estate prices decrease in Palmer?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Palmer is the 25997. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Christian, Palmer decreased, looking at the past 12 months.

According to Walletinvestor's Palmer real estate market research, home values will increase in the next 12 months.

Median home values decreased by 0.252% to 97,421 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 3.126% in 2020
  • 1.936% in 2021
  • 0.456% in 2022
  • 1.366% in 2023
  • 1.566% in 2024
  • 0.986% in 2025

Based on our Palmer real estate market research and report the predicted sales prices will increase by 14.307% in the next 10 years.

Over the last 12 months, the value of homes in Palmer fluctuated: increasing 1 times and decreasing 2 times.

Palmer (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Palmer Housing Market Forecast with Real Estate Prices for 2025
January 2025 97691 92611 102771
February 2025 97535 91683 103387
March 2025 97780 90837 104722
April 2025 98240 92640 103839
May 2025 98684 91973 105394
June 2025 99052 94000 104103
July 2025 98706 88835 108577
August 2025 98543 88787 108299
September 2025 98176 92384 103969
October 2025 97810 89203 106418
November 2025 98271 92079 104462
December 2025 98733 92611 104854
Palmer Housing Market Forecast with Real Estate Prices for 2026
January 2026 99197 92650 105744
February 2026 99664 93584 105743
March 2026 99828 93439 106217
April 2026 100298 93478 107118
May 2026 100770 94925 106614
June 2026 101156 91748 110563
July 2026 100902 94344 107461
August 2026 101270 94384 108157
September 2026 101747 96150 107343
October 2026 102225 94047 110403
November 2026 102300 96572 108029
December 2026 102220 92816 111624
Palmer Housing Market Forecast with Real Estate Prices for 2027
January 2027 102511 96258 108764
February 2027 102993 94342 111644
March 2027 103478 97062 109893
April 2027 103964 94711 113217
May 2027 103874 95564 112184
June 2027 103487 93759 113215
July 2027 103101 95987 110215
August 2027 102717 95835 109599
September 2027 102335 93432 111238
October 2027 102039 93060 111019
November 2027 102150 96532 107768
December 2027 102631 95446 109815
Palmer Housing Market Forecast with Real Estate Prices for 2028
January 2028 103113 95277 110950
February 2028 103598 96347 110850
March 2028 104086 95551 112621
April 2028 104367 94765 113968
May 2028 103978 97219 110737
June 2028 103591 95511 111671
July 2028 103205 95464 110945
August 2028 102820 93053 112588
September 2028 102682 93954 111410
October 2028 103165 96769 109562
November 2028 103451 96933 109968
December 2028 103286 96159 110413
Palmer Housing Market Forecast with Real Estate Prices for 2029
January 2029 103545 94640 112450
February 2029 104032 97894 110170
March 2029 104502 94783 114221
April 2029 104892 99647 110137
May 2029 104526 94387 114665
June 2029 104353 96214 112493
July 2029 103965 95855 112074
August 2029 103577 96741 110414
September 2029 104065 96364 111765
October 2029 104554 97863 111246
November 2029 105046 99268 110823
December 2029 105540 98997 112084
Palmer Housing Market Forecast with Real Estate Prices for 2030
January 2030 105714 95566 115863
February 2030 106211 96334 116089
March 2030 106711 98281 115141
April 2030 107120 97050 117189
May 2030 106851 98517 115186
June 2030 107241 101128 113354
July 2030 107746 97079 118412
August 2030 108252 99809 116696
September 2030 108332 97716 118949
October 2030 108247 100020 116474
November 2030 108555 100305 116805
December 2030 109066 102085 116046
Palmer Housing Market Forecast with Real Estate Prices for 2031
January 2031 109579 101141 118016
February 2031 110094 104259 115929
March 2031 109998 103618 116378
April 2031 109588 99835 119342
May 2031 109180 102957 115404
June 2031 108774 100072 117476
July 2031 108369 98832 117905
August 2031 108056 98979 117132
September 2031 108173 99303 117043
October 2031 108682 102052 115311
November 2031 109193 102969 115417
December 2031 109707 99394 120019
Palmer Housing Market Forecast with Real Estate Prices for 2032
January 2032 110223 99531 120914
February 2032 110520 104221 116820
March 2032 110109 100309 119908
April 2032 109698 98948 120449
May 2032 109290 101312 117268
June 2032 108883 100934 116831
July 2032 108737 101125 116348
August 2032 109248 103458 115038
September 2032 109550 102758 116342
October 2032 109376 103798 114954
November 2032 109650 103619 115681
December 2032 110166 101242 119089

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.