Skip to main content

NE area data

Palmer, NE

Palmer, NE.

Population: 958 (Census ACS)

The median home value in Palmer, NE is $286,049 — up 5.9% over the past year. Homes sell for a median $335,111 after a median 288 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with drought, hail, icestorm the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$286,049

Median home value

+5.9%

1-year change

288

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$286,049
1-year appreciation
+5.9%
3-year appreciation
+22.8%
5-year appreciation
+47.2%
10-year appreciation
+118.5%
All-time peak (2026-07)
$286,049
House Price Index (state)
431.4 (+2.1% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$335,111
Median list price
$130,000
Median price per sqft
$85
1-year sale-price change
+41.1%
Median days on market
288 days
Homes sold (recent period)
1
Sale-to-list ratio
95.7%
1-year forecast
+2.0%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$733/mo
1BR fair-market rent
$916/mo
2BR fair-market rent
$1,118/mo
3BR fair-market rent
$1,453/mo
4BR fair-market rent
$1,677/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
12.3¢/kWh
Natural gas rate (state-level)
$11.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1
Schools include
PALMER ELEMENTARY SCHOOL, PALMER JUNIOR-SENIOR HIGH

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
drought, hail, iceStorm, strongWind
Notable hazard ratings (county)
drought: Relatively High · hail: Relatively High · iceStorm: Relatively Moderate · inlandFlooding: Relatively Low · strongWind: Relatively Moderate · tornado: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 51% of US counties
Buildings in wildfire direct-exposure zone
38.7%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Cleburn Street Well (24.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
29.0 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
5.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
1,790
Jobs reachable by transit (45 min)
2,014

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
10
Nearest airport
Sullivan Airstrip (2 mi)
Nearest major airport
Central Nebraska Regional Airport (GRI) (21 mi)
Hospitals nearby (~15 mi)
2
Hospitals include
MERRICK MEDICAL CENTER, HOWARD COUNTY MEDICAL CENTER
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+22 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,960
Housing built before 1970
60.3%
Housing built 2000 or later
15.8%
Median annual property tax
$2,295
Mean commute to work
30 min
Households with broadband internet
47.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
1,922
Average weekly wage
$1,072
Top industries (by employment)
Construction, Wholesale Trade, Accommodation & Food
Annual residential building permits (county)
18

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

PalmerState medianUS median
Median home value$286,049$237,615$289,727
Median sale price$335,111$268,738$325,000
Median days on market288 days36 days51 days
Median annual property tax$2,295$2,000$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Palmer, NE?
$286,049.
What is the median sale price in Palmer, NE?
$335,111.
How long do homes take to sell in Palmer, NE?
Median days on market: 288 days.
What is typical rent in Palmer, NE?
2-bedroom fair-market rent: $1,118/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Palmer, NE?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: drought, hail, iceStorm, strongWind.
Is Palmer, NE in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Palmer, NE?
Risk to homes is higher than 51% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Palmer, NE?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Palmer, NE?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Palmer, NE?
2 schools (1 elementary, 1 high) (NCES, 2022-23).
Is Palmer, NE walkable?
Walkability index: 5.5/20 (EPA Smart Location Database).
What is the cost of living in Palmer, NE?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Palmer

Selling a home in Palmer, NE?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents