House Prices

House Prices & Home Values Palermo, ND 2026


Average Data

average house price$173,770
average size per house1512 ft²
average price per ft²115 $ / ft²

04/16/2026 - The value range (VR) for house prices in Palermo, ND is $139/ sqft to $139/ sqft. An average home with 1512 sqft costs approximately $210,168 to $210,168. Palermo, ND includes 1 ZIP codes and it is located in Mountrail county. The lowest prices are found in ZIP 58769, while the highest are in ZIP 58769. The average price per sqare feet is $115. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Palermo

58769129 $ / ft²




Historical development of home values in Palermo

Year Estimated value (USD) Change vs. 2025
2010 $80,702 -53.6%
2011 $77,581 -55.4%
2012 $77,372 -55.5%
2013 $80,264 -53.8%
2014 $84,255 -51.5%
2015 $88,580 -49.0%
2016 $93,202 -46.4%
2017 $98,233 -43.5%
2018 $103,664 -40.3%
2019 $108,470 -37.6%
2020 $114,078 -34.4%
2021 $129,751 -25.3%
2022 $151,261 -13.0%
2023 $159,512 -8.2%
2024 $168,739 -2.9%
2025 $173,770 0.0%

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



Example: 100% financing house in Palermo

Loan amount: $173,770

Interest rate: 6.00%

Fixed monthly payment: $1,041.84

Breakdown in the 1st month:
Interest portion: $868.85  –  Principal portion: $172.99

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $10,368.15 $2,133.92 $171,636.08
2 $10,236.54 $2,265.53 $169,370.55
3 $10,096.80 $2,405.26 $166,965.29
4 $9,948.45 $2,553.62 $164,411.67
5 $9,790.95 $2,711.12 $161,700.56
6 $9,623.73 $2,878.33 $158,822.22
7 $9,446.21 $3,055.86 $155,766.36
8 $9,257.73 $3,244.34 $152,522.02
9 $9,057.62 $3,444.44 $149,077.57
10 $8,845.18 $3,656.89 $145,420.68
11 $8,619.63 $3,882.44 $141,538.24
12 $8,380.17 $4,121.90 $137,416.34
13 $8,125.94 $4,376.13 $133,040.21
14 $7,856.03 $4,646.04 $128,394.17
15 $7,569.47 $4,932.60 $123,461.58
16 $7,265.24 $5,236.83 $118,224.75
17 $6,942.24 $5,559.83 $112,664.92
18 $6,599.32 $5,902.74 $106,762.18
19 $6,235.26 $6,266.81 $100,495.37
20 $5,848.73 $6,653.33 $93,842.03
21 $5,438.37 $7,063.70 $86,778.33
22 $5,002.70 $7,499.37 $79,278.96
23 $4,540.15 $7,961.92 $71,317.05
24 $4,049.08 $8,452.99 $62,864.06
25 $3,527.72 $8,974.35 $53,889.70
26 $2,974.20 $9,527.87 $44,361.83
27 $2,386.54 $10,115.53 $34,246.30
28 $1,762.64 $10,739.43 $23,506.87
29 $1,100.25 $11,401.82 $12,105.06
30 $397.01 $12,105.06 $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, ND


1500 sqft3900 sqft
Ø selling price$208,726$444,016
Ø fast selling$189,751$399,614
Ø high price sale$227,701$488,417

In 2026, houses in Palermo, ND will be offered at an average price of $115 per square foot. A 1,500 sqft home priced at $208,726 is 21.34% more expensive per square foot than a 3,900 sqft home priced at $444,016. Home prices in Palermo, ND vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $307,395. Sellers who can wait longer may achieve a higher price of up to $375,706.


Palermo, ND Travel and Community Guide

Location, History, and Character

Located in Mountrail County, Palermo, ND is a quiet prairie community in northwestern North Dakota.
This small town embodies classic Great Plains character, with friendly neighbors and open horizons.
The surrounding Northern Plains landscape features wide-open skies, colorful sunsets, and occasional views of the aurora.
Travelers use Palermo, North Dakota as a peaceful base for scenic drives, photography, and rural road trips.

Things to Do and Outdoor Recreation

Outdoor enthusiasts reach regional destinations like Lake Sakakawea and prairie wetlands for fishing, birding, and boating.
Hunting, snowmobiling, and gravel biking offer four-season recreation across rolling fields and coulees.
Nearby communities host festivals, diners, and heritage stops that showcase North Dakota history and culture.

Economy, Living, and Travel Tips

Local life reflects a blend of agriculture and energy, with farms, service businesses, and activity tied to the broader Bakken oil region.
Housing and Palermo ND real estate trends often follow regional industry cycles while remaining relatively affordable.
For a smooth visit, plan for four-season weather, check fuel and lodging ahead on rural routes, and enjoy the unhurried pace of this welcoming town.



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 $173,770 for an average home size of 1512 square feet. This corresponds to an average price of roughly $115 per square foot.

What is the average cost per square foot in Palermo?

In 2026, homes in Palermo sell for an average of around $115 per square foot, with a typical range between $139 and $139 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 1512 square feet, with an estimated 2026 value around $173,770.



Locations close to Palermo, ND

Parshall, ND111 $ / ft²
Plaza, ND351 $ / ft²
Portal, ND54 $ / ft²
Norwich, ND143 $ / ft²
Noonan, ND63 $ / ft²
New Town, ND315 $ / ft²
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