Is Palmer, IA 50571 a buyer’s or seller’s market?
Palmer is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Palmer housing market right now
In the three months ending August 31, 2026, 0% of homes in Palmer, IA 50571 sold above their list price and the typical home went under contract in 333 days. With only 1 sale, these figures can swing a lot from month to month.
Within Pocahontas County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Pocahontas 50574 (33% sold over asking) is even more competitive.
Run the numbers for 50571
Nearby markets
Fonda 50540 — /sq ftGilmore City 50541Seller’s market $64 /sq ftHavelock 50546 $131 /sq ftLaurens 50554Seller’s market $68 /sq ft Browse all markets →Where Palmer is
Loading map…
Questions about Palmer real estate
How fast do homes sell in Palmer?
The typical home went under contract in 333 days in the latest three months.
Do homes in Palmer sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.3% of the list price.
What are property taxes in Palmer?
About 1.13% of a home’s value a year in Pocahontas County, or roughly $4,520 on a $400,000 home.
What is the median home price in Palmer?
The median sale price was $47,979 in the three months ending August 31, 2026, about $42 per square foot.
Local agents
See all agents in 50571 →No sponsored agents in 50571 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 50571
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology