Home prices
The median home price in Palmer Town is $197,000. It is roughly $32,620 (14%) lower compared to the surrounding areas.It is approximately $20,500 (9%) lower compared to the entire country, and is about $335,700 (63%) lower in comparison to the city of Boston.
Rents
The median monthly rent in Palmer Town is $962. It is about $162 (20%) higher compared to nearby areas.Compared to the country as a whole it is about $100 (9%) lower, and compared to the city of Boston is approximately $658 (40%) lower.
Nearby places
Ware
Ware is Palmer Town's neighbor to the northeast. Its housing prices are somewhat less expensive. Ware's median home price is $179,400, which comes out to $17,600 (9%) lower than Palmer Town. Rent there is similar. In Ware the median rent is $943 a month, which comes out to $19 (2%) lower than Palmer Town.
Warren
Warren is roughly 5 miles east of Palmer Town. Its housing prices are a little less expensive. Warren's median home cost is $168,300, which comes out to $28,700 (17%) lower than Palmer Town. Rent there is significantly less expensive. Warren's median monthly rent is $647, which comes out to $315 (48%) lower than Palmer Town.
Monson Center
Monson Center is approximately 5 miles south from Palmer Town. Real estate prices there are a bit more expensive. The median home in Monson Center costs $220,000, which is $23,000 (10%) higher than Palmer Town. Rents there are somewhat less expensive. The median monthly rent in Monson Center is $903, which works out to $59 (6%) lower than Palmer Town.
Wilbraham
Wilbraham is about 6 miles southwest from Palmer Town. The housing prices there are a lot more expensive. The median home in Wilbraham is valued at $320,100, which is $123,100 (38%) higher than Palmer Town. Its rents are a bit less expensive. The median rent in Wilbraham is $777 per month, which works out to $185 (23%) lower than Palmer Town.
Belchertown
Belchertown is roughly 6 miles northwest of Palmer Town. Real estate prices there are somewhat more expensive. The price of the median home in Belchertown is $260,300, which comes out to $63,300 (24%) higher than Palmer Town. Rents there are somewhat less expensive. The median monthly rent in Belchertown is $729, which works out to $233 (31%) lower than Palmer Town.
