House Prices

House Prices & Home Values Palms, MI 2026


Average Data

average house price$361,680
average size per house1947 ft²
average price per ft²186 $ / ft²

04/21/2026 - The value range (VR) for house prices in Palms, MI is $215/ sqft to $215/ sqft. An average home with 1947 sqft costs approximately $418,605 to $418,605. Palms, MI includes 1 ZIP codes and it is located in Sanilac county. The lowest prices are found in ZIP 48465, while the highest are in ZIP 48465. The average price per sqare feet is $186. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Palms

48465223 $ / ft²




Historical development of home values in Palms

Year Estimated value (USD) Change vs. 2025
2010 $167,971 -53.6%
2011 $161,475 -55.4%
2012 $161,041 -55.5%
2013 $167,060 -53.8%
2014 $175,367 -51.5%
2015 $184,367 -49.0%
2016 $193,989 -46.4%
2017 $204,459 -43.5%
2018 $215,763 -40.3%
2019 $225,767 -37.6%
2020 $237,438 -34.4%
2021 $270,061 -25.3%
2022 $314,830 -13.0%
2023 $332,003 -8.2%
2024 $351,210 -2.9%
2025 $361,680 0.0%

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



Example: 100% financing house in Palms

Loan amount: $361,680

Interest rate: 6.00%

Fixed monthly payment: $2,168.45

Breakdown in the 1st month:
Interest portion: $1,808.40  –  Principal portion: $360.05

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,579.98 $4,441.47 $357,238.53
2 $21,306.04 $4,715.41 $352,523.11
3 $21,015.20 $5,006.25 $347,516.86
4 $20,706.43 $5,315.02 $342,201.84
5 $20,378.61 $5,642.84 $336,559.00
6 $20,030.57 $5,990.88 $330,568.12
7 $19,661.07 $6,360.39 $324,207.73
8 $19,268.77 $6,752.68 $317,455.05
9 $18,852.28 $7,169.17 $310,285.88
10 $18,410.10 $7,611.35 $302,674.53
11 $17,940.65 $8,080.80 $294,593.73
12 $17,442.24 $8,579.21 $286,014.52
13 $16,913.10 $9,108.35 $276,906.17
14 $16,351.31 $9,670.14 $267,236.03
15 $15,754.88 $10,266.57 $256,969.46
16 $15,121.66 $10,899.79 $246,069.67
17 $14,449.39 $11,572.06 $234,497.61
18 $13,735.65 $12,285.80 $222,211.80
19 $12,977.89 $13,043.57 $209,168.24
20 $12,173.39 $13,848.06 $195,320.17
21 $11,319.27 $14,702.18 $180,617.99
22 $10,412.47 $15,608.98 $165,009.01
23 $9,449.74 $16,571.71 $148,437.30
24 $8,427.64 $17,593.82 $130,843.48
25 $7,342.49 $18,678.96 $112,164.52
26 $6,190.41 $19,831.04 $92,333.47
27 $4,967.28 $21,054.18 $71,279.30
28 $3,668.70 $22,352.75 $48,926.55
29 $2,290.03 $23,731.42 $25,195.12
30 $826.33 $25,195.12 $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 Palms, MI


1500 sqft3900 sqft
Ø selling price$337,590$718,146
Ø fast selling$306,900$646,332
Ø high price sale$368,281$789,961

In 2026, houses in Palms, MI will be offered at an average price of $186 per square foot. A 1,500 sqft home priced at $337,590 is 23.76% more expensive per square foot than a 3,900 sqft home priced at $718,146. Home prices in Palms, MI vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $497,179. Sellers who can wait longer may achieve a higher price of up to $607,662.


Discover Palms, MI

Overview

Palms, MI is a small rural community nestled in Michigan?s Thumb region of Sanilac County.
Known for its open fields and quiet roads, the area offers a peaceful, country lifestyle near the Lake Huron shoreline. Visitors and residents appreciate the convenient access to nearby harbor towns, sandy beaches, and scenic byways.

Nature and Recreation

Agriculture is the backbone of the local economy, with farms producing corn, soybeans, dairy, and sugar beets that shape the landscape.
Outdoor enthusiasts enjoy fishing, boating, hiking, hunting, and snowmobiling across the countryside and along the Lake Huron coast. From sunrise over the water to star-filled skies, the natural setting around Palms, Michigan delivers year-round beauty.

Community and Services

Community life centers on small businesses, farm markets, and regional events in nearby towns, creating a friendly, close-knit atmosphere. Families benefit from nearby school districts, essential services, and healthcare options located within a short drive.

Real Estate and Lifestyle

Housing in Palms, MI ranges from affordable farmhouses to country lots, making it attractive to buyers seeking space, value, and tranquility. Whether you?re planning a day trip or a long-term move, Palms offers a quiet base to explore Michigan?s Thumb and the Lake Huron coast.



FAQ – Home Values in Palms

What is the median home value in Palms in 2026?

In 2026, the typical home value in Palms is about $361,680 for an average home size of 1947 square feet. This corresponds to an average price of roughly $186 per square foot.

What is the average cost per square foot in Palms?

In 2026, homes in Palms sell for an average of around $186 per square foot, with a typical range between $215 and $215 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 Palms is about 1947 square feet, with an estimated 2026 value around $361,680.



Locations close to Palms, MI

Peck, MI207 $ / ft²
Port Austin, MI144 $ / ft²
Port Hope, MI73 $ / ft²
Otter Lake, MI150 $ / ft²
Otisville, MI108 $ / ft²
Ortonville, MI126 $ / ft²
  imprint  Privacy