House Prices

West Palermo Palermo, ME House Prices & Home Values 2026


Average Data

average house price$353,604
average size per house2067 ft²
average price per ft²172 $ / ft²

05/20/2026 - The value range (VR) for house prices in West Palermo Palermo, ME is $163.4/ sqft to $180.6/ sqft. An average home with 2067 sqft costs approximately $338,086 to $373,674. 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 13 property listings.

Avergage prices by ZIP codes West Palermo Palermo

04354161 $ / ft²




Historical development of home values in West Palermo Palermo

Year Estimated value (USD) Change vs. 2025
2010 $164,220 -53.6%
2011 $157,870 -55.4%
2012 $157,445 -55.5%
2013 $163,330 -53.8%
2014 $171,451 -51.5%
2015 $180,250 -49.0%
2016 $189,657 -46.4%
2017 $199,894 -43.5%
2018 $210,945 -40.3%
2019 $220,726 -37.6%
2020 $232,137 -34.4%
2021 $264,030 -25.3%
2022 $307,800 -13.0%
2023 $324,589 -8.2%
2024 $343,367 -2.9%
2025 $353,604 0.0%

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



Example: 100% financing house in West Palermo Palermo

Loan amount: $353,604

Interest rate: 6.01%

Fixed monthly payment: $2,121.40

Breakdown in the 1st month:
Interest portion: $1,769.79  –  Principal portion: $351.61

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,119.35 $4,337.44 $349,266.56
2 $20,851.55 $4,605.24 $344,661.33
3 $20,567.22 $4,889.57 $339,771.76
4 $20,265.33 $5,191.46 $334,580.30
5 $19,944.80 $5,511.98 $329,068.32
6 $19,604.49 $5,852.30 $323,216.02
7 $19,243.16 $6,213.63 $317,002.39
8 $18,859.52 $6,597.26 $310,405.13
9 $18,452.20 $7,004.59 $303,400.54
10 $18,019.73 $7,437.06 $295,963.48
11 $17,560.55 $7,896.23 $288,067.25
12 $17,073.03 $8,383.76 $279,683.49
13 $16,555.41 $8,901.38 $270,782.11
14 $16,005.83 $9,450.96 $261,331.15
15 $15,422.31 $10,034.47 $251,296.68
16 $14,802.77 $10,654.01 $240,642.66
17 $14,144.98 $11,311.81 $229,330.86
18 $13,446.58 $12,010.21 $217,320.65
19 $12,705.05 $12,751.73 $204,568.91
20 $11,917.74 $13,539.04 $191,029.87
21 $11,081.83 $14,374.96 $176,654.91
22 $10,194.30 $15,262.49 $161,392.43
23 $9,251.98 $16,204.81 $145,187.62
24 $8,251.47 $17,205.31 $127,982.30
25 $7,189.20 $18,267.59 $109,714.71
26 $6,061.33 $19,395.45 $90,319.26
27 $4,863.83 $20,592.95 $69,726.31
28 $3,592.40 $21,864.39 $47,861.92
29 $2,242.47 $23,214.32 $24,647.60
30 $809.19 $24,647.60 $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 West Palermo Palermo, ME


1500 sqft3900 sqft
Ø selling price$312,493$664,757
Ø fast selling$284,084$598,281
Ø high price sale$340,901$731,232

In 2026, houses in West Palermo Palermo, ME will be offered at an average price of $172 per square foot. A 1,500 sqft home priced at $312,493 is 23.02% more expensive per square foot than a 3,900 sqft home priced at $664,757. Home prices in West 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 $460,216. Sellers who can wait longer may achieve a higher price of up to $562,486.


West Palermo, Palermo, ME Neighborhood Guide

Overview

West Palermo is a quiet rural neighborhood in Palermo, ME, set amid rolling woods and sparkling lakes in Waldo County. The area offers a classic Midcoast Maine feel with spacious lots, country roads, and a friendly small-town community.

Lifestyle and Outdoor Recreation

Outdoor lovers enjoy quick access to Sheepscot Lake for boating, fishing, paddling, and four-season lake views.
Nearby Lake St. George State Park in Liberty and quiet shores on Branch Pond expand options for hiking, swimming, and winter recreation. Residents also value the night skies, wildlife sightings, and the relaxed pace that define rural living in West Palermo.

Location and Access

Situated off Route 3 between Augusta and Belfast, the neighborhood provides convenient drives to shopping in China, services in Augusta, and coastal attractions in Belfast. Daily errands are easy with local farm stands and small businesses nearby, while larger supermarkets and healthcare are within a 20?35 minute radius.

Schools and Community

Families are served by Palermo Consolidated School for K?8, and many students choose from several regional high schools to fit their interests. Community life centers on town events, lake access points, and recreation programs that bring neighbors together year-round.

Real Estate Snapshot

Real estate in West Palermo, Palermo, ME features wooded acreage, country homes, and occasional lakefront properties, appealing to buyers seeking space, privacy, and a Maine lake lifestyle.



FAQ – Home Values in West Palermo Palermo

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

In 2026, the typical home value in West Palermo Palermo is about $353,604 for an average home size of 2067 square feet. This corresponds to an average price of roughly $172 per square foot.

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

In 2026, homes in West Palermo Palermo sell for an average of around $172 per square foot, with a typical range between $163.4 and $180.6 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in West Palermo?

The average home size in West Palermo Palermo is about 2067 square feet, with an estimated 2026 value around $353,604.



Neighborhoods close to West 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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