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City / Town Overview

Palo, IA

Aggregate real estate market report across all ZIPs in scope
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The Palo, IA real estate market currently shows 11 active listings, with 8 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has tightened compared to last year, with 21 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 18 days on market compared to 112 days last year.

The median listing price has risen 21.2% year-over-year, from $259,950 to $315,000.

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.

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Market Context

Market Context

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

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

Included Areas

Palo: 52324

Area Map

Market Overview

Active Listings
11
⇩ 65.6% vs 32 last year
Pending
8
73% pending ratio
Median Price
$315,000
⇧ 21.2% vs $259,950 last year
Average Price
$303,738
⇧ 12.2% vs $270,787 last year
Days on Market
18
⇩ 83.9% vs 112 days last year

Price Per Square Foot

Median $/sqft
$217
⇧ 9% vs $199/sqft last year
Median Home Size
1,449 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

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