Palmer, MA

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Palmer short-term rental market based on reliable data.

Listings

9 / 25

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$16,836

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$321,099

Median Home Sale Price

Top Earners

$34,929

Top-Earners Revenue

Palmer

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Palmer.

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C

Challenging to Investors

Palmer Regulations

Palmer permits STRs in theory but practically limits them to owner-occupied tourist homes/B&Bs with tight occupancy caps; lodging houses and lodging units are constrained and often require special permits. The absence of a dedicated STR ordinance creates zoning ambiguity and extra compliance burden, while owner-occupancy and occupancy rules significantly deter non‑owner investor operations.

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About Palmer

Palmer is a city in Hampden County, Massachusetts, United States. The population was 12,448 at the 2020 census. It is part of the Springfield, Massachusetts Metropolitan Statistical Area. Palmer adopted a home rule charter in 2004 with a council-manager form of government. Palmer is one of thirteen Massachusetts municipalities that have city forms of government but retain "The town of" in their official names.The villages of Bondsville, Thorndike, Depot Village, and Three Rivers are located in Palmer.

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