Is Palmer, MA 01069 a buyer’s or seller’s market?

The Palmer housing market right now

In the three months ending August 31, 2026, 53% of homes in Palmer, MA 01069 sold above their list price, the typical home went under contract in 21 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 76%, homes sold about as fast and the median sale price rose 19% to $414,821. Overall, Palmer is less competitive than a year ago, which gives buyers more room.

Within Hampden County, homes here sell faster than in 51% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Palmer ranks #132 of 362 MA ZIP codes with enough sales (score 86 out of 100).

Nearby, buyers who want less competition could look at Springfield 01103 (0% sold over asking) or Russell 01071 (0% sold over asking), while Bondsville 01009 (100% sold over asking) and Springfield 01128 (85% sold over asking) are even more competitive.