Homes For Sale in Palermo Village

As of today, the Palermo Village real estate market currently has 12 detached homes, 2 semi-detached homes, 0 condos, and 12 townhouses, totaling 26 listings in Palermo Village.

How many new properties were listed in Palermo Village in the last 30 days?

In the last month, Palermo Village has 5 new detached homes, 0 new semi-detached homes, 0 new condos, and 8 new townhouses, totaling 13 new properties listed.

How much does a detached home cost in Palermo Village?

In the last month, the median sold price for a detached home price in Palermo Village is $2,485,000, which is an increased of 29.6% on the same period last year.

How much does a townhouse cost in Palermo Village?

In the last month, the median sold price for a townhouse price in Palermo Village is $1,307,500, which is an decreased of 16.7% on the same period last year.

Population & demographics

Total population

7,013

Population age (%)

0-19 (29%)20-34 (14%)35-49 (25%)50-64 (20%)65+ (12%)

Household

Average household income

$201,513

Household composition (%)

Single person (17%)Single Family (81%)

Owners / Renters (%)

Owners (80%)Renters (20%)

Mother Tongue (%)

English (65%)Arabic (7%)Spanish (5%)Mandarin (5%)Urdu (2%)Korean (2%)Others (2%)Portuguese (2%)Punjabi (Panjabi) (1%)Hindi (1%)

How much does it cost to live in Palermo Village?

Detached

Median Selling Price$2,485,000

Average Days on Market

29.67

#Active Listings (August)

#Sold Listings (August)

Semi-Detached

Median Selling Price$0

Townhouse

Median Selling Price$1,307,500

Average Days on Market

72.5

#Active Listings (August)

#Sold Listings (August)

Top 2 Schools in Palermo Village

Palermo Public School2561 Valleyridge Drive, L6M 5H4, Oakville, ON

7.5/10

Public•JK-8

St. Mary Catholic Elementary School2175 Colonel William Pky, L6M 0B7, Oakville, ON

6.4/10

Public•JK-8

Palermo Village Review

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

1/5

Few or no shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance

Greenery & Character

Quiet

4/5

Some sources of noise nearby

Vibrant

1/5

Quiet atmosphere at all hours

Palermo Village in Oakville, Ontario, offers a suburban lifestyle with a touch of urban sophistication. The average commute time to Toronto, the nearest major city, is approximately 40 minutes, making it an ideal location for professionals seeking a balance between city life and suburban tranquility. Residents enjoy a variety of local amenities, including upscale boutiques, gourmet restaurants, and lush parks, fostering a vibrant and active community. One of the standout features of Palermo Village is its rich history, with several heritage buildings dotting the landscape, adding a unique charm to the neighbourhood. However, don't expect the hustle and bustle of a big city; Palermo Village prides itself on its relaxed pace and friendly atmosphere. This neighbourhood is a testament to Oakville's commitment to preserving its historical roots while embracing modern comforts.