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NE area data

Palmer, NE

Palmer, NE.

Population: 958 (Census ACS)

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
431.4 (+2.1% YoY)

Market activity

Median sale price
$335,111
Median list price
$130,000
Median days on market
288 days
Sale-to-list ratio
95.7%
1-year forecast
+2.0%

Rents

2-bedroom fair-market rent (HUD reference)
$1,118/mo
3BR fair-market rent
$1,453/mo

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%

Schools

Total schools
2
Elementary schools
1
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, hail, iceStorm, strongWind
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Annual precipitation
29.0 in

Walkability & transit

Walkability index
5.5 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Sullivan Airstrip (2 mi)
Nearest major airport
Central Nebraska Regional Airport (GRI) (21 mi)
Hospitals nearby (~15 mi)
2
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+22 tax filers

Housing stock

Median year housing built
1,960
Median annual property tax
$2,295
Mean commute to work
30 min
Households with broadband internet
47.9%

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

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

Data last updated

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

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