Unshakable ZIP Data 52324 | Palo, IA Housing Market
Palo · Linn County · Cedar Rapids, IA metro · Iowa · Data updated June 19, 2026
The median sale price in ZIP 52324, Palo, Iowa is $318,655 at $158 per square foot. 10 single-family homes sold in the latest period, down 53.2 percent from a year earlier. Homes sit a median of 71 days on market with 2.9 months of supply. Sellers are getting 100.7 percent of list price and 30.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $353,184 | |
| Average price per sq ft | $175 | |
| Median sale price | $318,655 | |
| Median sale price per sq ft | $158 | |
| Median home size | 2,015 sq ft | |
| Median new listing price | $371,822 | -2.1% |
| National size rank | 16,318 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 10 | -53.2% |
| Median days on market | 71 days | |
| Months of supply | 2.9 months | |
| New listings | 18 | +1.5% |
| Active listings | 23 | -35.3% |
| Pending sales | 12 | -39.2% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 100.7% | +2.3 pts |
| Share sold above list | 30.0% | +16.4 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
3-bedroom
$336,311
4-bedroom
$375,493
These figures describe the single-family market for Palo, Iowa ZIP 52324. They are market context, not a substitute for sold comps or a formal appraisal.