The median home in Palmer, Alaska is valued at $418,326, up 8.8% year over year. Palmer is part of the Anchorage, AK metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$418,326

+8.8%

Prices rising — worse for buyers.

Affordability

Enter your income for Palmer.

Income (annual)

Down Payment

$83,665 on $418,326

Example: $75,000 household income. Change it above to see your own.

Out of reach41.2% of income

Need $110,486/yr to afford.

PITI$2,578

P/I41.2%

Afford$284K

Gap-$134K

P&I $2,115Tax $363Ins $100

6.50% 30yr, 20% down, county tax + AK ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Alaska

Compare Palmer with other housing markets across Alaska.

Kachemak City$512K Sitka$485K Chugiak$483K Eagle River$462K Cooper Landing$458K Juneau$451K Kodiak$426K Wasilla$405K

Full Anchorage, AK analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Anchorage, AK metro.

View Anchorage, AK metro

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Palmer, AK