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Ashley Letsch
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Palo Market Report

$285,461

AVERAGE PRICE OF 18 HOMES

$284,790

AVERAGE PRICE OF 10 NEWLY BUILT HOMES

$395,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $285,461
Avg Bedrooms 3 beds
Avg Bathrooms 2.39 baths

Average Price by Bedrooms

2 bedrooms $163,450
3 bedrooms $289,401
4 bedrooms $331,660
5 bedrooms $395,000
Palo Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 18 19 11 10 11
Average Price $254,691 $261,751 $300,466 $330,092 $284,056
Avg Price Change -2.77% -14.79% -9.86% +16.21% +3.80%
Median Price $268,000 $279,794 $319,391 $332,683 $299,000
Med Price Change -4.40% -14.15% -4.16% +11.27% +11.99%
Avg Bedrooms 3 beds 3.1 beds 3.34 beds 3.27 beds 3.19 beds
Avg Bathrooms 2.22 baths 2.41 baths 2.36 baths 2.29 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kennedy 17 $275,782 65 days
Vinton/Shellsburg 1 $450,000 5 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 18 $285,461 62 days
Newly Built Homes 10 $284,790 87 days
Reduced Price Homes 1 $395,000 23 days

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