Home prices
Palermo's median home value is $215,300. In comparison to its surrounding areas it is about $25,640 (13%) higher.It is approximately $2,200 (1%) lower in comparison to the United States as a whole, and compared to the city of Sacramento is about $121,600 (36%) lower.
Rents
Palermo's median rent is $885 per month. Compared to other places in this area it is approximately $132 (12%) lower.Compared to the entire country it is about $177 (16%) lower, and in comparison to the city of Sacramento is about $378 (29%) lower.
Nearby places
South Oroville
South Oroville is Palermo's neighbor to the north. Housing prices there are significantly less expensive. South Oroville's median home cost is $154,600, which works out to $60,700 (39%) lower than Palermo. Rents there are somewhat more expensive. In South Oroville the median rent is $983 a month, which works out to $98 (9%) higher than Palermo.
Oroville East
Oroville East is Palermo's neighbor to the north. Its real estate prices are a bit more expensive. Oroville East's median home price is $264,200, which is $48,900 (18%) higher than Palermo. Its rents are fairly similar. Oroville East's median rent is $857 per month, which is $28 (3%) lower than Palermo.
Oroville
Oroville is Palermo's neighbor to the north. The housing prices there are a bit less expensive. The median home cost in Oroville is $183,600, which works out to $31,700 (17%) lower than Palermo. Rents there are similar. Oroville's median monthly rent is $848, which works out to $37 (4%) lower than Palermo.
Thermalito
Thermalito is roughly 5 miles northwest of Palermo. The housing prices there are a bit less expensive. The cost of the median home in Thermalito is $163,700, which comes out to $51,600 (31%) lower than Palermo. Its rents are somewhat more expensive. The median rent in Thermalito is $1,124 a month, which comes out to $239 (21%) higher than Palermo.
Kelly Ridge
Kelly Ridge is about 7 miles north from Palermo. Its housing prices are a little less expensive. The median home price in Kelly Ridge is $182,200, which comes out to $33,100 (18%) lower than Palermo. Rents there are somewhat more expensive. The median rent in Kelly Ridge is $1,273 per month, which comes out to $388 (30%) higher than Palermo.
