Palermo, ND Real Estate

According to census data in the year 2000 there were 94 housing units in Palermo. This represents a 56.7% growth from 60 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 94 were located in what is classified as a rural area.

Homeownership rate in Palermo is about 84.6%. Palermo's vacancy rate, including seasonal lodging, is about 58.5%. Average household size is 2.1 people.

The majority of houses, apartments or condos in Palermo were built after 1963.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom24.50%
Two Bedrooms40.40%
Three Bedrooms23.40%
Four Bedrooms11.70%
Five Bedrooms or more0%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1963
Median Value of occupied units$11,900
Median Price asked for vacant units$12,500

Rented Homes, Apartments and Condos

Average Household Size1.17
Median year structure was built1955

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage0%
Debt Free99.99%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs9.9%