House Prices

House Prices & Home Values Palmer, TN 2026


Average Data

average house price$388,450
average size per house2235 ft²
average price per ft²174 $ / ft²

04/15/2026 - The value range (VR) for house prices in Palmer, TN is $174/ sqft to $174/ sqft. An average home with 2235 sqft costs approximately $388,890 to $388,890. Palmer, TN includes 1 ZIP codes and it is located in Grundy county. The lowest prices are found in ZIP 37365, while the highest are in ZIP 37365. The average price per sqare feet is $174. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Palmer

37365157 $ / ft²




Historical development of home values in Palmer

Year Estimated value (USD) Change vs. 2025
2010 $180,403 -53.6%
2011 $173,427 -55.4%
2012 $172,960 -55.5%
2013 $179,425 -53.8%
2014 $188,347 -51.5%
2015 $198,013 -49.0%
2016 $208,347 -46.4%
2017 $219,592 -43.5%
2018 $231,733 -40.3%
2019 $242,478 -37.6%
2020 $255,013 -34.4%
2021 $290,049 -25.3%
2022 $338,132 -13.0%
2023 $356,576 -8.2%
2024 $377,205 -2.9%
2025 $388,450 0.0%

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



Example: 100% financing house in Palmer

Loan amount: $388,450

Interest rate: 6.00%

Fixed monthly payment: $2,328.95

Breakdown in the 1st month:
Interest portion: $1,942.25  –  Principal portion: $386.70

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $23,177.24 $4,770.21 $383,679.79
2 $22,883.02 $5,064.43 $378,615.36
3 $22,570.66 $5,376.79 $373,238.57
4 $22,239.03 $5,708.42 $367,530.15
5 $21,886.95 $6,060.50 $361,469.65
6 $21,513.15 $6,434.30 $355,035.35
7 $21,116.29 $6,831.15 $348,204.19
8 $20,694.96 $7,252.48 $340,951.71
9 $20,247.65 $7,699.80 $333,251.91
10 $19,772.74 $8,174.71 $325,077.20
11 $19,268.54 $8,678.91 $316,398.29
12 $18,733.24 $9,214.20 $307,184.09
13 $18,164.93 $9,782.52 $297,401.57
14 $17,561.57 $10,385.88 $287,015.69
15 $16,920.99 $11,026.46 $275,989.24
16 $16,240.90 $11,706.55 $264,282.69
17 $15,518.87 $12,428.58 $251,854.11
18 $14,752.30 $13,195.15 $238,658.96
19 $13,938.45 $14,008.99 $224,649.97
20 $13,074.41 $14,873.04 $209,776.93
21 $12,157.07 $15,790.38 $193,986.56
22 $11,183.16 $16,764.29 $177,222.26
23 $10,149.17 $17,798.28 $159,423.99
24 $9,051.41 $18,896.03 $140,527.95
25 $7,885.95 $20,061.50 $120,466.45
26 $6,648.60 $21,298.85 $99,167.60
27 $5,334.93 $22,612.52 $76,555.09
28 $3,940.24 $24,007.21 $52,547.88
29 $2,459.53 $25,487.92 $27,059.96
30 $887.49 $27,059.96 $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 Palmer, TN


1500 sqft3900 sqft
Ø selling price$315,810$671,814
Ø fast selling$287,100$604,633
Ø high price sale$344,520$738,996

In 2026, houses in Palmer, TN will be offered at an average price of $174 per square foot. A 1,500 sqft home priced at $315,810 is 20.75% more expensive per square foot than a 3,900 sqft home priced at $671,814. Home prices in Palmer, TN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $465,103. Sellers who can wait longer may achieve a higher price of up to $568,459.

FAQ – Home Values in Palmer

What is the median home value in Palmer in 2026?

In 2026, the typical home value in Palmer is about $388,450 for an average home size of 2235 square feet. This corresponds to an average price of roughly $174 per square foot.

What is the average cost per square foot in Palmer?

In 2026, homes in Palmer sell for an average of around $174 per square foot, with a typical range between $174 and $174 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 Palmer is about 2235 square feet, with an estimated 2026 value around $388,450.



Locations close to Palmer, TN

Pelham, TN130 $ / ft²
Pikeville, TN118 $ / ft²
Reliance, TN137 $ / ft²
Ooltewah, TN153 $ / ft²
Old Fort, TN347 $ / ft²
Ocoee, TN127 $ / ft²
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