Palmer Woods Home Prices & Values

$269,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 16.1% 1-year change
  • 6.6% 1-year forecast

The median home value in Palmer Woods is $269,400. Palmer Woods home values have gone up 16.1% over the past year and Zillow predicts they will rise 6.6% within the next year. The median price of homes currently listed in Palmer Woods is $425,000.

Relative ZHVI
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Palmer Woods Market Overview

Data through Jun 30, 2014
  • $269,400 ZHVI
  • 6.6% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • No recent data Median listing price
  • No data Median sale price
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Palmer Woods Market Health

Data through Jun 30, 2014
  • 8.7/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Green Acres $59,800 Martin Park $43,800 Fitzgerald $40,800
Blackstone Park $38,900 Eight Mile Wyoming $37,400 Grixdale $34,700

Listings & Sales

  • No Data
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Palmer Woods Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$877 Palmer Woods
$743 Detroit
$1,310 United States
  • 7.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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