Call or Text (240) SELL-123

PALO, IA 52324

Real Estate Market Report  ·  Linn County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PALO, IA real estate market (52324) currently shows 9 active listings, with 6 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 53 days on market compared to 143 days last year.

The median listing price has risen 19.5% year-over-year, from $269,925 to $322,500.

Whether you are buying or selling in PALO, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PALO, IA 52324 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 2,139  ·  Density: 19.7/mi²  ·  Median household income: $113,098

Typical home value: $305,226  ·  Homeownership: 90.3%

Market Overview

Active Listings
9
⇩ 62.5% vs 24 last year
Pending
6
67% pending ratio
Median Price
$322,500
⇧ 19.5% vs $269,925 last year
Average Price
$306,417
⇧ 1.6% vs $301,482 last year
Days on Market
53
⇩ 62.9% vs 143 days last year

Price Per Square Foot

Median $/sqft
$214
⇧ 4.9% vs $204/sqft last year
Median Home Size
1,449 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 24 last year
  • Days on market: 53 now vs 143 last year

Median & Average Pricing

Year over Year
  • Median: $322,500 (+19.5% YoY)
  • Average: $306,417 (+1.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.1 miles — 324 listings ($91,518,066 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52324Palo, IA 523240.0 mi11$3,341,118$315,000$303,738
52341Toddville, IA 523414.6 mi2$830,000$415,000$415,000
52405Cedar Rapids, IA 524056.1 mi66$16,343,976$213,500$247,636
52206Atkins, IA 522066.5 mi7$2,602,950$393,700$371,850
52402Cedar Rapids, IA 524028.0 mi134$32,978,606$199,875$246,109
52401Cedar Rapids, IA 524019.7 mi8$795,600$99,450$99,450
52228Fairfax, IA 5222811.2 mi15$6,648,300$466,225$443,220
52345Urbana, IA 5234511.8 mi8$2,232,840$268,650$279,105
52349Vinton, IA 5234912.7 mi48$13,677,600$230,000$284,950
52351Walford, IA 5235113.2 mi2$1,144,500$572,250$572,250
52354Watkins, IA 5235413.8 mi1$135,000$135,000$135,000
52352Walker, IA 5235215.5 mi4$1,222,376$260,000$305,594
52227Ely, IA 5222717.1 mi18$9,565,200$343,950$531,400

Frequently Asked Questions

How many homes are for sale in PALO, IA 52324?

As of March 2026, there are 9 active listings in PALO, IA (zip code 52324), compared to 24 the prior year.

What is the median home price in PALO, IA 52324?

The median listing price in PALO, IA 52324 is $322,500 as of March 2026, a 19.5% increase from $269,925 the prior year.

How long do homes stay on the market in PALO, IA?

Homes in PALO, IA 52324 spend an average of 53 days on the market before going under contract, compared to 143 days the prior year.

Is it a seller's or buyer's market in PALO, IA 52324?

Based on current inventory and days-on-market data as of March 2026, PALO, IA 52324 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 53 days on market compared to 143 days last year.

How much can I save on real estate commission in PALO, IA?

With SELL123.com's maximum 3% commission, sellers in PALO, IA 52324 save an estimated $6,450 compared to a typical 5% commission on the median listing price of $322,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.