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Palmer, IL Real Estate & Property Data

Palmer Real Estate Market Trends

Last Updated: August 30, 2025

Accurate and comprehensive real estate data is critical for insight into Palmer, IL 62556. ATTOM’s Palmer real estate data is updated daily, and current market trends show that in Palmer, IL a total of 4 residential properties have sold over the past year. Get detailed property data for Palmer, IL instantly. ATTOM is your one-stop-shop for the Palmer property reports and real estate data you need in Palmer, IL.

Palmer Real Estate Market Trends

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Total Residential Properties 178

Total Commercial Properties 22

Avg. Home Age (Single Family Home) 70 Years

Avg. Square Feet (Single Family Home) 1,183

Total 2025 Residential Sales (year-to-date) 1

% of Homes Seriously Underwater (Q3 2025) 0.64%

Total 2024 Residential Sales 6

% of Equity Rich Homes (Q3 2025) 14.74%

Effective 2024 Property Tax 1.33%

Total Foreclosure Filings (year-to-date) 2

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Palmer, IL 62556 Real Estate Overview

There were 4 residential properties sold in the past year in Palmer, IL 62556. The median home value in Palmer, IL 62556 is $75,325. There are a total of 178 residential properties in the 62556.

Median Sales Price i

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Median Down Payment i

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Number of Homes Sold i

1

(Jun 2025)

June '25 Jun '25 1
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November '24 Nov '24 1
October '24 Oct '24 2
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Number of Purchase Loans i

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Number of REFI Loans i

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April '25 Apr '25 1
March '25 Mar '25 2
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August '24 Aug '24 1
July '24 Jul '24 N/A

Number of HELOC Loans i

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March '25 Mar '25 1
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Palmer, IL 62556 Real Estate Market Overview

Last 30 days

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Street

1
2

Palmer, IL 62556 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 1
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Foreclosure Starts i

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January '25 Jan '25 1
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