Palmer, MA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Palmer short-term rental market based on reliable data.
Listings
5 / 23
Reliable / Active
Cap Rate
5%
Middle-Earners Gross Yield
Revenue
$14,660
Middle-Earners Revenue
Occupancy
39%
Middle-Earners Occupancy
Home Value
$318,433
Median Home Sale Price
Top Earners
$34,159
Top-Earners Revenue
Palmer
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Palmer.
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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.
Local STR Agent
STR specialist · Palmer, MA
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.