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Median Home Price in Palmer, AK

The median home value in Palmer, AK is $440,883 as of 2026-06-30, up 11.15% from a year earlier.

Median Home Value

$440,883

Year-over-Year

+11.15%

Population

6,533

Palmer ranks #2 of 8 Alaska cities tracked here by median home value, and sits 3.8% above the state's city median of $424,710. It sits in Matanuska Susitna Borough, where the county-wide median is $410,373.

Crime in Palmer

Palmer police recorded a violent crime rate of 153 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 949 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Palmer

How much does a house cost in Palmer, AK?

The median home value in Palmer is $440,883. That's up 11.15% from a year earlier. That is about 3.8% above the typical county in Alaska.

Is Palmer expensive compared to the surrounding area?

Homes in Palmer are more expensive than Matanuska Susitna Borough as a whole, where the median is $410,373 — a difference of about 7.4%.

Is Palmer a safe place to live?

Palmer police reported 153 violent crimes per 100,000 residents, covering a population of about 6,533. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in AK

Kodiak · Homer · Wasilla · Anchorage · Ketchikan