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PALO, IA 52324

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The PALO, IA real estate market (52324) 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%

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

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 32 last year
  • Days on market: 18 now vs 112 last year

Median & Average Pricing

Year over Year
  • Median: $315,000 (+21.2% YoY)
  • Average: $303,738 (+12.2% 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 17.0 miles — 719 listings ($216,827,785 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
52324Palo, IA 523240.0 mi9$2,789,703$310,000$309,967
52341Toddville, IA 523414.6 mi2$1,198,950$599,475$599,475
52405Cedar Rapids, IA 524056.1 mi68$16,783,080$215,000$246,810
52206Atkins, IA 522066.5 mi8$2,839,800$379,950$354,975
52402Cedar Rapids, IA 524028.0 mi136$33,589,144$199,000$246,979
52213Center Point, IA 522139.5 mi11$3,549,084$259,000$322,644
52202Alburnett, IA 5220210.8 mi3$315,000$70,000$105,000
52404Cedar Rapids, IA 5240411.5 mi166$44,123,962$239,990$265,807
52302Marion, IA 5230212.1 mi187$71,653,538$330,000$383,174
52318Norway, IA 5231812.9 mi7$1,460,620$235,000$208,660
52403Cedar Rapids, IA 5240313.4 mi108$29,221,236$187,400$270,567
52346Van Horne, IA 5234614.6 mi2$824,000$412,000$412,000
52338Swisher, IA 5233817.0 mi12$8,479,668$707,450$706,639

Frequently Asked Questions

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

As of February 2026, there are 11 active listings in PALO, IA (zip code 52324), compared to 32 the prior year.

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

The median listing price in PALO, IA 52324 is $315,000 as of February 2026, a 21.2% increase from $259,950 the prior year.

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

Homes in PALO, IA 52324 spend an average of 18 days on the market before going under contract, compared to 112 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 February 2026, PALO, IA 52324 is currently a Seller's Market. 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.

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 $6,300 compared to a typical 5% commission on the median listing price of $315,000. 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.