Palmeadow 2
Closed-sale statistics for Palmeadow 2, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $71,000
- Median days on market
- 27
- List-to-sale ratio
- 93.5%
7 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $71,000, in Detroit City School District at 64.18 homestead mills, the year-two bill is approximately $2,279 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Palmeadow 2 compares in Detroit
Of the 185 Detroit subdivisions and condo projects we publish statistics for, Palmeadow 2's $71,000 median ranks 134 of 185 — 21% below the tracked-Detroit median of $90,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| College Heights | $72,000 | 6 | $2,311 |
| Seymour & Troesters Polonia Park | $72,000 | 6 | $2,311 |
| Melin | $71,500 | 6 | $2,295 |
| Waltham Manor | $71,250 | 10 | $2,287 |
| Palmeadow 2 | $71,000 | 7 | $2,279 |
| Gratiot Lawn | $70,536 | 8 | $2,264 |
| Drennan & Seldons Regent Park 1 | $70,000 | 14 | $2,246 |
| Brookline 4 | $70,000 | 9 | $2,246 |
| Sloans Walsh West Warren | $70,000 | 9 | $2,246 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
For sale in Palmeadow 2 right now
Listing courtesy of Munoz Realty IncIDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-09-22T08:54-04:00; refreshed at least twice daily.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Palmeadow 2?
The median closed sale price in Palmeadow 2 (Detroit) is $71,000, from 7 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Palmeadow 2?
At the median price, taxable value uncaps to roughly $35,500 and the year-two bill in Detroit City School District is approximately $2,279 at homestead rates.
How does Palmeadow 2 compare with other Detroit subdivisions?
Its $71,000 median ranks 134 of 185 Detroit projects we track — 21% below the tracked-city median of $90,000.
More context: Detroit property tax rates · school district breakdowns · all calculators