The median home value in Palo, MI is $124,900. This is lower than the county median home value of $202,800. The national median home value is $338,100. The average price of homes sold in Palo, MI is $124,900. Approximately 68.29% of Palo homes are owned, compared to 23.58% rented, while 8.13% 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, Michigan 48870 has a population of 413. Palo 48870 is less family-centric than the surrounding county with 15.15% of the households containing married families with children. The county average for households married with children is 31.12%.
The median household income in Palo, Michigan 48870 is $29,840. The median household income for the surrounding county is $64,436 compared to the national median of $69,021. The median age of people living in Palo 48870 is 26.3 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 15.4 degrees. The average rainfall is approximately 34.9 inches per year, with 54.2 inches of snow per year.