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Palermo, ME Real Estate & Property Data

Palermo Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Palermo, ME 04354. ATTOM’s Palermo real estate data is updated daily, and current market trends show that in Palermo, ME a total of 50 residential properties have sold over the past year. With a median home price of $200,000 in Palermo. Get detailed property data for Palermo, ME instantly. ATTOM is your one-stop-shop for the Palermo property reports and real estate data you need in Palermo, ME.

Palermo Real Estate Market Trends

Get property data for any address in Palermo, ME or the country:

Total Residential Properties 727

Total Commercial Properties 11

Avg. Home Age (Single Family Home) 4 Years

Avg. Square Feet (Single Family Home) 1,120

Total 2025 Residential Sales (year-to-date) 21

% of Homes Seriously Underwater (Q3 2025) 1.24%

Total 2024 Residential Sales 41

% of Equity Rich Homes (Q3 2025) 34.67%

Effective 2024 Property Tax 0.88%

Total Foreclosure Filings (year-to-date) 2

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Palermo, ME 04354 Real Estate Overview

There were 50 residential properties sold in the past year in Palermo, ME 04354. The median home value in Palermo, ME 04354 is $312,284. There are a total of 727 residential properties in the 04354.

Median Sales Price i

$200,000

(Jun 2025)

-60%

year-over-year

y-o-y

June '25 Jun '25 $200,000
May '25 May '25 $297,297
April '25 Apr '25 $454,000
March '25 Mar '25 $287,500
February '25 Feb '25 $516,700
January '25 Jan '25 $605,000
December '24 Dec '24 $225,000
November '24 Nov '24 $460,542
October '24 Oct '24 $550,000
September '24 Sep '24 $199,250
August '24 Aug '24 $391,174
July '24 Jul '24 N/A

Median Down Payment i

$41,250

(Jun 2025)

-45.5%

year-over-year

y-o-y

June '25 Jun '25 $41,250
May '25 May '25 $247,297
April '25 Apr '25 $22,700
March '25 Mar '25 $57,500
February '25 Feb '25 $177,205
January '25 Jan '25 $175,000
December '24 Dec '24 N/A
November '24 Nov '24 $14,500
October '24 Oct '24 $300,000
September '24 Sep '24 $17,027
August '24 Aug '24 $90,200
July '24 Jul '24 N/A

Number of Homes Sold i

6

(Jun 2025)

+50%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 3
April '25 Apr '25 2
March '25 Mar '25 2
February '25 Feb '25 3
January '25 Jan '25 5
December '24 Dec '24 5
November '24 Nov '24 2
October '24 Oct '24 3
September '24 Sep '24 5
August '24 Aug '24 7
July '24 Jul '24 3

Number of Purchase Loans i

4

(Jun 2025)

+100%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 1
April '25 Apr '25 1
March '25 Mar '25 1
February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 2
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 4
July '24 Jul '24 N/A

Number of REFI Loans i

6

(Jun 2025)

+500%

year-over-year

y-o-y

June '25 Jun '25 6
May '25 May '25 4
April '25 Apr '25 2
March '25 Mar '25 3
February '25 Feb '25 4
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 N/A
October '24 Oct '24 2
September '24 Sep '24 4
August '24 Aug '24 3
July '24 Jul '24 1

Number of HELOC Loans i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 3
February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 2
July '24 Jul '24 1

Palermo, ME 04354 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2
3

Palermo, ME 04354 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

Completed Foreclosures (REOs) i

1

(Jun 2025)

June '25 Jun '25 1
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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