House Prices

South Palermo Palermo, ME House Prices & Home Values 2026


Average Data

average house price$347,245
average size per house2030 ft²
average price per ft²169 $ / ft²

05/20/2026 - The value range (VR) for house prices in South Palermo Palermo, ME is $160.55/ sqft to $177.45/ sqft. An average home with 2030 sqft costs approximately $320,376 to $354,100. 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 $169. Our analysis is based on 13 property listings.

Avergage prices by ZIP codes South Palermo Palermo

04354158 $ / ft²




Historical development of home values in South Palermo Palermo

Year Estimated value (USD) Change vs. 2025
2010 $161,267 -53.6%
2011 $155,031 -55.4%
2012 $154,613 -55.5%
2013 $160,392 -53.8%
2014 $168,368 -51.5%
2015 $177,009 -49.0%
2016 $186,246 -46.4%
2017 $196,299 -43.5%
2018 $207,151 -40.3%
2019 $216,757 -37.6%
2020 $227,962 -34.4%
2021 $259,282 -25.3%
2022 $302,265 -13.0%
2023 $318,752 -8.2%
2024 $337,193 -2.9%
2025 $347,245 0.0%

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



Example: 100% financing house in South Palermo Palermo

Loan amount: $347,245

Interest rate: 5.90%

Fixed monthly payment: $2,059.19

Breakdown in the 1st month:
Interest portion: $1,706.71  –  Principal portion: $352.48

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,364.27 $4,346.04 $342,898.96
2 $20,100.90 $4,609.41 $338,289.55
3 $19,821.57 $4,888.74 $333,400.81
4 $19,525.31 $5,185.00 $328,215.81
5 $19,211.09 $5,499.22 $322,716.59
6 $18,877.83 $5,832.48 $316,884.11
7 $18,524.38 $6,185.93 $310,698.18
8 $18,149.51 $6,560.80 $304,137.38
9 $17,751.92 $6,958.39 $297,178.98
10 $17,330.23 $7,380.08 $289,798.91
11 $16,883.00 $7,827.31 $281,971.59
12 $16,408.65 $8,301.66 $273,669.94
13 $15,905.57 $8,804.74 $264,865.20
14 $15,371.99 $9,338.32 $255,526.88
15 $14,806.08 $9,904.23 $245,622.65
16 $14,205.88 $10,504.43 $235,118.22
17 $13,569.30 $11,141.01 $223,977.21
18 $12,894.15 $11,816.16 $212,161.05
19 $12,178.08 $12,532.23 $199,628.82
20 $11,418.62 $13,291.69 $186,337.13
21 $10,613.13 $14,097.18 $172,239.95
22 $9,758.83 $14,951.48 $157,288.47
23 $8,852.76 $15,857.55 $141,430.92
24 $7,891.78 $16,818.53 $124,612.39
25 $6,872.56 $17,837.75 $106,774.64
26 $5,791.58 $18,918.73 $87,855.91
27 $4,645.09 $20,065.22 $67,790.69
28 $3,429.12 $21,281.19 $46,509.50
29 $2,139.47 $22,570.84 $23,938.66
30 $771.65 $23,938.66 $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 South Palermo Palermo, ME


1500 sqft3900 sqft
Ø selling price$301,521$641,417
Ø fast selling$274,110$577,275
Ø high price sale$328,932$705,558

In 2026, houses in South Palermo Palermo, ME will be offered at an average price of $169 per square foot. A 1,500 sqft home priced at $301,521 is 22.61% more expensive per square foot than a 3,900 sqft home priced at $641,417. Home prices in South Palermo Palermo, ME vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $444,058. Sellers who can wait longer may achieve a higher price of up to $542,737.

FAQ – Home Values in South Palermo Palermo

What is the median home value in South Palermo Palermo in 2026?

In 2026, the typical home value in South Palermo Palermo is about $347,245 for an average home size of 2030 square feet. This corresponds to an average price of roughly $169 per square foot.

What is the average cost per square foot in South Palermo Palermo?

In 2026, homes in South Palermo Palermo sell for an average of around $169 per square foot, with a typical range between $160.55 and $177.45 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in South Palermo?

The average home size in South Palermo Palermo is about 2030 square feet, with an estimated 2026 value around $347,245.



Neighborhoods close to South Palermo Palermo, ME

Readfield Corner Readfield, ME163 $ / ft²
Downtown Bangor Bangor, ME213 $ / ft²
South Brewer Brewer, ME78 $ / ft²
Kings Mills Whitefield, ME235 $ / ft²
Litchfield Corners Litchfield, ME188 $ / ft²
Jefferson Village Jefferson, ME146 $ / ft²
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