Palermo ME Homes for Sale

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Palermo Real Estate

The median home value in Palermo, ME is $386,500. This is higher than the county median home value of $206,900. The national median home value is $219,700. The average price of homes sold in Palermo, ME is $386,500. Approximately 58.08% of Palermo homes are owned, compared to 6.69% rented, while 35.23% are vacant. Palermo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Palermo real estate agent to arrange a tour today!

Palermo, Maine has a population of 1,483. Palermo is less family-centric than the surrounding county with 24.18% of the households containing married families with children. The county average for households married with children is 26.47%.

The median household income in Palermo, Maine is $48,882. The median household income for the surrounding county is $50,162 compared to the national median of $57,652. The median age of people living in Palermo is 49 years.

Palermo Weather

The average high temperature in July is 79.8 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 46.1 inches per year, with 84.4 inches of snow per year.

Palermo Real Estate Market Conditions

  • Median sales price

    $386,500
    6.43% change since last quarter
  • # Active listings

    2
    30-day change

Palermo Schools and Demographics

Education near Palermo, ME

Metric City County
High School Graduates 90.73 92.86
College Degree - 2 year 10.37 9.24
College Degree - 4 year 23.21 30.26
Graduate Degree 6.33 8.29
Expenditures per Student 13,903 14,583
Students per Teacher 10.5 11

Elementary Schools near Palermo, ME

School Grades Students P/T Ratio ZIP
Albion Elementary School KG - 06 133 12 04910
China Primary School PK - 04 267 12.4 04358
Palermo Consolidated School KG - 08 129 10 04354
Prescott Memorial School KG - 06 108 11.2 04574
Walker Memorial School PK - 05 96 13 04949

Middle Schools near Palermo, ME

School Grades Students P/T Ratio ZIP
China Middle School 05 - 08 186 12 04358

Demographics near Palermo, ME

Metric City County
Neighborhood Type Rural
Population 1,483 39,280
Population Density 37 54
Median Age 49 45.7
People per Household 2.3 2.3
Median Household Income 48,882 50,162
Average Income per Capita 37,242 27,763