Palermo ME Multi Family for Sale

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Palermo Real Estate

The median home value in Palermo, ME is $414,950. This is higher than the county median home value of $296,200. The national median home value is $338,100. The average price of homes sold in Palermo, ME is $414,950. Approximately 58.96% of Palermo homes are owned, compared to 2.9% rented, while 38.14% are vacant. Palermo 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 Palermo real estate agent to arrange a tour today!

Palermo, Maine has a population of 1,483. Palermo is more family-centric than the surrounding county with 37.83% of the households containing married families with children. The county average for households married with children is 23.46%.

The median household income in Palermo, Maine is $77,333. The median household income for the surrounding county is $59,880 compared to the national median of $69,021. The median age of people living in Palermo is 45.3 years.

Palermo Weather

The average high temperature in July is 78.3 degrees, with an average low temperature in January of 9.4 degrees. The average rainfall is approximately 47.1 inches per year, with 72.3 inches of snow per year.

Palermo Real Estate Market Conditions

  • Median sales price

    $414,950
    20.6% change since last quarter
  • # Active listings

    19
    30-day change

Palermo Schools and Demographics

Education near Palermo, ME

Metric City County
High School Graduates 96.1 93.06
College Degree - 2 year 10.36 8.56
College Degree - 4 year 34.51 32.9
Graduate Degree 9.32 9.54
Expenditures per Student 18,107 18,107
Students per Teacher 9.8 9.8

Elementary Schools near Palermo, ME

School Grades Students P/T Ratio ZIP
Albion Elementary School KG - 06 133 12 04910
China Primary School PK - 04 267 12.4 04358
Palermo Consolidated School KG - 08 129 10 04354
Prescott Memorial School KG - 06 108 11.2 04574
Walker Memorial School PK - 05 96 13 04949

Middle Schools near Palermo, ME

School Grades Students P/T Ratio ZIP
China Middle School 05 - 08 186 12 04358

Demographics near Palermo, ME

Metric City County
Neighborhood Type Small Town
Population 1,483 39,618
Population Density 37 54
Median Age 45.3 46.5
People per Household 2.3 2.3
Median Household Income 77,333 59,880
Average Income per Capita 45,008 32,966