House Prices

House Prices & Home Values Palermo, ME 2026


Average Data

average house price$353,250
average size per house2065 ft²
average price per ft²172 $ / ft²

05/20/2026 - The value range (VR) for house prices in Palermo, ME is $160/ sqft to $160/ sqft. An average home with 2065 sqft costs approximately $330,400 to $330,400. Palermo, ME includes 1 ZIP codes and it is located in Waldo county. The lowest prices are found in ZIP 04354, while the highest are in ZIP 04354. The average price per sqare feet is $172. Our analysis is based on 117 property listings.

Avergage prices by ZIP codes Palermo

04354154 $ / ft²


House prices by neighborhoods in Palermo

Branch Mills148 $ / ft²
East Palermo156 $ / ft²
Level Hill174 $ / ft²
North Palermo151 $ / ft²
Sheepscot Lake Estates162 $ / ft²
South Palermo158 $ / ft²
Turner Ridge153 $ / ft²
West Palermo161 $ / ft²




Historical development of home values in Palermo

Year Estimated value (USD) Change vs. 2025
2010 $164,056 -53.6%
2011 $157,712 -55.4%
2012 $157,287 -55.5%
2013 $163,166 -53.8%
2014 $171,279 -51.5%
2015 $180,070 -49.0%
2016 $189,467 -46.4%
2017 $199,694 -43.5%
2018 $210,734 -40.3%
2019 $220,505 -37.6%
2020 $231,904 -34.4%
2021 $263,766 -25.3%
2022 $307,492 -13.0%
2023 $324,265 -8.2%
2024 $343,024 -2.9%
2025 $353,250 0.0%

Graph: estimated home values in Palermo over time (USD)



Example: 100% financing house in Palermo

Loan amount: $353,250

Interest rate: 6.00%

Fixed monthly payment: $2,117.91

Breakdown in the 1st month:
Interest portion: $1,766.25  –  Principal portion: $351.66

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,077.00 $4,337.95 $348,912.05
2 $20,809.44 $4,605.51 $344,306.54
3 $20,525.38 $4,889.56 $339,416.98
4 $20,223.80 $5,191.14 $334,225.84
5 $19,903.63 $5,511.32 $328,714.52
6 $19,563.70 $5,851.25 $322,863.27
7 $19,202.81 $6,212.14 $316,651.13
8 $18,819.66 $6,595.29 $310,055.84
9 $18,412.87 $7,002.07 $303,053.77
10 $17,981.00 $7,433.95 $295,619.82
11 $17,522.49 $7,892.45 $287,727.37
12 $17,035.70 $8,379.24 $279,348.12
13 $16,518.89 $8,896.06 $270,452.07
14 $15,970.20 $9,444.75 $261,007.32
15 $15,387.67 $10,027.28 $250,980.04
16 $14,769.21 $10,645.74 $240,334.30
17 $14,112.60 $11,302.34 $229,031.96
18 $13,415.50 $11,999.45 $217,032.51
19 $12,675.40 $12,739.55 $204,292.96
20 $11,889.65 $13,525.30 $190,767.67
21 $11,055.44 $14,359.51 $176,408.16
22 $10,169.78 $15,245.17 $161,162.99
23 $9,229.49 $16,185.46 $144,977.54
24 $8,231.21 $17,183.74 $127,793.79
25 $7,171.35 $18,243.60 $109,550.20
26 $6,046.12 $19,368.82 $90,181.38
27 $4,851.50 $20,563.45 $69,617.93
28 $3,583.19 $21,831.76 $47,786.17
29 $2,236.65 $23,178.29 $24,607.88
30 $807.07 $24,607.88 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Palermo, ME


1500 sqft3900 sqft
Ø selling price$312,180$664,092
Ø fast selling$283,800$597,683
Ø high price sale$340,560$730,502

In 2026, houses in Palermo, ME will be offered at an average price of $172 per square foot. A 1,500 sqft home priced at $312,180 is 22.06% more expensive per square foot than a 3,900 sqft home priced at $664,092. Home prices in Palermo, ME vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $459,757. Sellers who can wait longer may achieve a higher price of up to $561,925.

FAQ – Home Values in Palermo

What is the median home value in Palermo in 2026?

In 2026, the typical home value in Palermo is about $353,250 for an average home size of 2065 square feet. This corresponds to an average price of roughly $172 per square foot.

What is the average cost per square foot in Palermo?

In 2026, homes in Palermo sell for an average of around $172 per square foot, with a typical range between $160 and $160 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Palermo is about 2065 square feet, with an estimated 2026 value around $353,250.



Locations close to Palermo, ME

Readfield, ME187 $ / ft²
Richmond, ME200 $ / ft²
South China, ME172 $ / ft²
Whitefield, ME212 $ / ft²
Mount Vernon, ME243 $ / ft²
Manchester, ME148 $ / ft²
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