House Prices

House Prices & Home Values Palo, MI 2026


Average Data

average house price$238,977
average size per house1933 ft²
average price per ft²124 $ / ft²

04/15/2026 - The value range (VR) for house prices in Palo, MI is $141/ sqft to $141/ sqft. An average home with 1933 sqft costs approximately $272,553 to $272,553. Palo, MI includes 1 ZIP codes and it is located in Ionia county. The lowest prices are found in ZIP 48870, while the highest are in ZIP 48870. The average price per sqare feet is $124. Our analysis is based on 71 property listings.

Avergage prices by ZIP codes Palo

48870141 $ / ft²




Historical development of home values in Palo

Year Estimated value (USD) Change vs. 2025
2010 $110,985 -53.6%
2011 $106,693 -55.4%
2012 $106,406 -55.5%
2013 $110,383 -53.8%
2014 $115,872 -51.5%
2015 $121,819 -49.0%
2016 $128,176 -46.4%
2017 $135,095 -43.5%
2018 $142,563 -40.3%
2019 $149,174 -37.6%
2020 $156,885 -34.4%
2021 $178,440 -25.3%
2022 $208,021 -13.0%
2023 $219,368 -8.2%
2024 $232,059 -2.9%
2025 $238,977 0.0%

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



Example: 100% financing house in Palo

Loan amount: $238,977

Interest rate: 6.00%

Fixed monthly payment: $1,432.79

Breakdown in the 1st month:
Interest portion: $1,194.89  –  Principal portion: $237.90

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,258.79 $2,934.67 $236,042.33
2 $14,077.79 $3,115.67 $232,926.67
3 $13,885.62 $3,307.84 $229,618.83
4 $13,681.60 $3,511.86 $226,106.97
5 $13,464.99 $3,728.46 $222,378.51
6 $13,235.03 $3,958.42 $218,420.09
7 $12,990.88 $4,202.57 $214,217.52
8 $12,731.68 $4,461.78 $209,755.74
9 $12,456.49 $4,736.97 $205,018.77
10 $12,164.32 $5,029.13 $199,989.63
11 $11,854.13 $5,339.32 $194,650.31
12 $11,524.82 $5,668.64 $188,981.68
13 $11,175.19 $6,018.27 $182,963.41
14 $10,803.99 $6,389.46 $176,573.95
15 $10,409.90 $6,783.55 $169,790.40
16 $9,991.51 $7,201.94 $162,588.45
17 $9,547.31 $7,646.14 $154,942.31
18 $9,075.71 $8,117.74 $146,824.57
19 $8,575.03 $8,618.43 $138,206.14
20 $8,043.46 $9,149.99 $129,056.15
21 $7,479.11 $9,714.34 $119,341.81
22 $6,879.95 $10,313.50 $109,028.30
23 $6,243.84 $10,949.62 $98,078.69
24 $5,568.49 $11,624.97 $86,453.72
25 $4,851.49 $12,341.97 $74,111.76
26 $4,090.26 $13,103.19 $61,008.56
27 $3,282.08 $13,911.37 $47,097.19
28 $2,424.06 $14,769.39 $32,327.80
29 $1,513.12 $15,680.34 $16,647.46
30 $545.99 $16,647.46 $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 Palo, MI


1500 sqft3900 sqft
Ø selling price$225,061$478,765
Ø fast selling$204,601$430,888
Ø high price sale$245,521$526,641

In 2026, houses in Palo, MI will be offered at an average price of $124 per square foot. A 1,500 sqft home priced at $225,061 is 23.00% more expensive per square foot than a 3,900 sqft home priced at $478,765. Home prices in Palo, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $331,452. Sellers who can wait longer may achieve a higher price of up to $405,109.


Explore Palo, MI

Location & Lifestyle

Palo, MI is a small unincorporated community in Ionia County, Mid-Michigan, known for its rural charm and friendly pace. Surrounded by rolling farmland and woodlots, Palo, Michigan offers a quiet base within a short drive of larger hubs like Ionia and Greenville. Its location makes it convenient for commuters while preserving a country feel that appeals to families, retirees, and outdoor enthusiasts.

Things to Do & Nearby

Visitors find simple small-town attractions, including community gatherings, seasonal events, and easy access to local parks, lakes, and public hunting land.
The area?s backroads invite scenic drives, cycling, and wildlife viewing, and nearby rivers and lakes provide opportunities for fishing and paddling. History-minded travelers can explore regional museums and historical societies across Ionia County to learn how agriculture and milling shaped the region. Dining and shopping options range from hometown diners and farm stands to convenient services in neighboring town centers.

Living in Palo

Real estate in Palo, MI typically features country homes, hobby farms, and acreage lots that value space and privacy. Residents enjoy four true seasons, from colorful fall foliage to snowy winters and warm, sunny summers ideal for fairs and festivals. Whether you?re planning a day trip, relocating, or simply exploring Mid-Michigan, Palo offers a peaceful, affordable, and authentic small-town experience.



FAQ – Home Values in Palo

What is the median home value in Palo in 2026?

In 2026, the typical home value in Palo is about $238,977 for an average home size of 1933 square feet. This corresponds to an average price of roughly $124 per square foot.

What is the average cost per square foot in Palo?

In 2026, homes in Palo sell for an average of around $124 per square foot, with a typical range between $141 and $141 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 Palo is about 1933 square feet, with an estimated 2026 value around $238,977.



Locations close to Palo, MI

Perrinton, MI124 $ / ft²
Perry, MI126 $ / ft²
Pewamo, MI125 $ / ft²
Owosso, MI113 $ / ft²
Ovid, MI98 $ / ft²
Orleans, MI103 $ / ft²
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