Current Price

$97,421

1 Month Forecast

â–¼ $97,266

1-Year Forecast *

â–² $98,933

5-Year Forecast *

â–² $105,678

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Palmer" area is 105,678 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +8.47% meaning that investing 100000 USD today may yield a profit of 8,475 USD by 2031.

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: 2026-2032

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: $98,933* (upside of 1.6%)

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

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 98,933 USD in one year.

Is it profitable to invest in Palmer homes?

Yes. The long-term profit potential is +1.55% 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 103,494 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 112,311 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 remained stable, 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 remained unchanged to 97,421 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 3.462% in 2021
  • 1.152% in 2022
  • 3.052% in 2023
  • 2.352% in 2024
  • 0.258% in 2025
  • 2.112% in 2026

Based on our Palmer real estate market research and report the predicted sales prices will increase by 16.650% in the next 10 years.

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

Below you will find the price predictions for 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 97266 88610 105923
February 2025 97510 90587 104433
March 2025 97973 91017 104929
April 2025 98416 90444 106388
May 2025 98783 92066 105500
June 2025 98438 92433 104443
July 2025 98276 90905 105646
August 2025 97905 90562 105248
September 2025 97537 89051 106023
October 2025 98000 88396 107604
November 2025 98466 91573 105358
December 2025 98933 89040 108827
Palmer Housing Market Forecast with Real Estate Prices for 2026
January 2026 99403 92445 106361
February 2026 99567 93991 105143
March 2026 100040 91437 108643
April 2026 100515 93982 107049
May 2026 100900 94039 107761
June 2026 100647 93501 107793
July 2026 101014 91822 110207
August 2026 101494 92258 110730
September 2026 101976 95756 108197
October 2026 102051 92152 111950
November 2026 101971 95343 108599
December 2026 102261 92137 112385
Palmer Housing Market Forecast with Real Estate Prices for 2027
January 2027 102747 95555 109939
February 2027 103235 97660 108809
March 2027 103725 95012 112438
April 2027 103635 93375 113894
May 2027 103244 93642 112845
June 2027 102854 96889 108820
July 2027 102466 93552 111381
August 2027 102080 95853 108306
September 2027 101785 95271 108299
October 2027 101895 95782 108009
November 2027 102379 92449 112310
December 2027 102865 97105 108626
Palmer Housing Market Forecast with Real Estate Prices for 2028
January 2028 103354 95602 111106
February 2028 103845 96056 111633
March 2028 104125 98398 109852
April 2028 103732 98235 109230
May 2028 103341 97967 108715
June 2028 102951 95436 110467
July 2028 102563 94460 110665
August 2028 102425 92490 112360
September 2028 102911 96428 109395
October 2028 102748 95658 109837
November 2028 103005 93941 112070
December 2028 103494 93766 113223
Palmer Housing Market Forecast with Real Estate Prices for 2029
January 2029 103962 95333 112591
February 2029 104350 97985 110715
March 2029 103985 98370 109601
April 2029 103814 97066 110562
May 2029 103422 93907 112937
June 2029 103034 96852 109216
July 2029 103523 95759 111287
August 2029 104015 96734 111296
September 2029 104509 97716 111302
October 2029 105005 95765 114245
November 2029 105178 94766 115591
December 2029 105678 95533 115823
Palmer Housing Market Forecast with Real Estate Prices for 2030
January 2030 106179 100658 111701
February 2030 106586 101044 112129
March 2030 106319 96432 116207
April 2030 106707 99664 113750
May 2030 107214 97886 116541
June 2030 107723 100613 114833
July 2030 107802 100687 114917
August 2030 107717 97376 118058
September 2030 108024 102407 113641
October 2030 108537 100071 117003
November 2030 109052 100764 117340
December 2030 109570 100805 118336
Palmer Housing Market Forecast with Real Estate Prices for 2031
January 2031 109475 99732 119218
February 2031 109062 99464 118659
March 2031 108650 103218 114083
April 2031 108241 97416 119065
May 2031 107832 97372 118292
June 2031 107521 101285 113757
July 2031 107638 100749 114526
August 2031 108149 100903 115395
September 2031 108662 100839 116486
October 2031 109178 103283 115074
November 2031 109697 100263 119131
December 2031 109993 99544 120442

> 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.