Palo IA Commercial for Sale

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Palo Real Estate

The median home value in Palo, IA is $285,000. This is higher than the county median home value of $208,200. The national median home value is $338,100. The average price of homes sold in Palo, IA is $285,000. Approximately 89.59% of Palo homes are owned, compared to 9.2% rented, while 1.21% are vacant. Palo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palo real estate agent to arrange a tour today!

Palo, Iowa has a population of 1,080. Palo is more family-centric than the surrounding county with 37.54% of the households containing married families with children. The county average for households married with children is 31.95%.

The median household income in Palo, Iowa is $86,786. The median household income for the surrounding county is $70,360 compared to the national median of $69,021. The median age of people living in Palo is 36.3 years.

Palo Weather

The average high temperature in July is 84.3 degrees, with an average low temperature in January of 11.9 degrees. The average rainfall is approximately 36.2 inches per year, with 30.5 inches of snow per year.

Palo Real Estate Market Conditions

  • Median sales price

    $285,000
    11.4% change since last quarter
  • # Active listings

    65
    30-day change

Palo Schools and Demographics

Education near Palo, IA

Metric City County
High School Graduates 95.27 94.9
College Degree - 2 year 17.94 13.29
College Degree - 4 year 23.78 34.31
Graduate Degree 3.48 7.85
Expenditures per Student 16,072 16,072
Students per Teacher 14.7 14.7

Elementary Schools near Palo, IA

School Grades Students P/T Ratio ZIP
Cleveland Elementary School PK - 05 402 16 52405
Coolidge Elementary School PK - 05 488 18.4 52405
Harrison Elementary School PK - 05 365 17.5 52405
Hiawatha Elementary School PK - 05 423 13.7 52233
Hoover Elementary School PK - 05 382 12.5 52405
Jackson Elementary School PK - 05 367 17.6 52405
Madison Elementary School KG - 05 280 14.5 52405
Nixon Elementary School PK - 05 417 19.1 52233
Shellsburg Elementary School PK - 05 252 14.1 52332
Truman Elementary School KG - 05 275 13.7 52405
Viola Gibson Elementary School PK - 05 488 16.5 52411

Middle Schools near Palo, IA

School Grades Students P/T Ratio ZIP
Roosevelt Middle School 06 - 08 566 14.1 52405
Taft Middle School 06 - 08 588 17.3 52405

Demographics near Palo, IA

Metric City County
Neighborhood Type Small town
Population 1,080 228,567
Population Density 880 319
Median Age 36.3 37.9
People per Household 2.7 2.4
Median Household Income 86,786 70,360
Average Income per Capita 39,890 38,106