Townhomes for Sale in Palmer Lake, CO

Townhomes in Palmer Lake: the numbers this week

Three numbers frame townhomes in Palmer Lake: the median list price ($410K), the price per square foot ($282) and the HOA, which most of these listings do not have. 34 are for sale today from $55K to $2.9M; everything below comes from this week's listings.

What the median townhome in Palmer Lake costs per month

About townhomes in Palmer Lake

A townhome in Palmer Lake is an attached home on its own lot: you own the walls, the roof over your unit and the ground under it, and you share a wall with the neighbor. Buyers searching townhomes for sale in Palmer Lake also search townhouses, attached homes, row homes, paired homes, low-maintenance homes and homes with a small yard, and this page pulls all of them from the MLS. As of September 28, 2026 this page shows 2 townhomes for sale in Palmer Lake with a median list price of $374,500 and an average of $260 per square foot. Every listing above comes straight from the MLS and updates through the day.

The word on the sign does not decide it; the deed does. A fee-simple townhome in Palmer Lake comes with its own lot, finances like a house and insures with a standard homeowner policy. A townhome-style condo comes with a share of the whole project, finances through the lender's condo review and insures with a walls-in policy. Same floor plan, different rules, different rates. A Kenna agent reads the plat and the declaration before you write, so the loan you were approved for is the loan you can use.

Exterior, roof and snow. Most Palmer Lake townhome HOAs handle all three, which is why buyers choose a townhome over a house. Read the declaration; a few cover only the common ground.

Dues and reserves. Ask for the budget, the reserve study and the last two years of special assessments. A low monthly fee with an empty reserve is the expensive option.

Insurance. Confirm what the master policy covers and what your own policy has to cover. The gap is where owners get hurt after a hail storm.

Get pre-approved with a lender who does attached homes. If the townhome is legally a condo, the building review is the step that decides your timeline.

Read the HOA package before your deadline. Colorado gives you a review period after contract; Kenna gets the documents early so the review is a formality.

Offer from sold comps in the same complex. Townhome values in Palmer Lake move by community. A Kenna agent prices from the last sales next door.

Questions people ask about townhomes in Palmer Lake

How many townhomes are for sale in Palmer Lake right now?

34 this week, $55K to $2.9M, median $410K. The grid at the top of this page is the live MLS list and refreshes daily.

What should I check before making an offer on townhome in Palmer Lake?

The price per square foot against the other listings on this page ($282 is the median), the days on market, the HOA or metro district if there is one, the sewer line and roof age on older homes, and whether the seller pays a closing-cost credit or a rate buydown. More: Seller concessions for Colorado buyers.

Do townhomes in Palmer Lake have HOA fees?

Some do: 6 of 34 sampled carry a fee (median $288 a month); 28 do not. More: HOA fees in Colorado, explained.

What is the median price of townhomes in Palmer Lake?

$410K at list this week, for a median 1,617 square feet, $282 a square foot. Compare two on the per-foot number and the condition before the list price. More: Can I afford a home now?.

Which ZIP code has the most townhomes in Palmer Lake?

80133 with 34 in this week's sample.

What does the median townhome in Palmer Lake cost per month?

About $3,060 a month on the median $410K townhome with 5 percent down at a 7 percent note rate: $2,591 principal and interest, $188 property tax, $120 insurance, $162 mortgage insurance. A seller-paid 2-1 buydown cuts year one by $500. More: Can I afford a home now?.

Are townhomes a good first home in Palmer Lake?

For a buyer who wants a garage, a small yard and no exterior upkeep at a price under the detached median, yes. Today's median list price on this page is $374,500. The HOA dues are part of the payment; we run them into your budget before you shop.

What is the difference between a townhome and a paired home?

A paired home is a townhome with one shared wall instead of two, sold by builders as a duplex-style attached home. Same ownership, one fewer neighbor.

Can I rent out a Palmer Lake townhome?

Long-term rentals are allowed in most Palmer Lake communities; some cap the number of rentals and most restrict short-term rentals. The covenants answer it, and a Kenna agent pulls them before you offer. More: Rent Out Your Home Instead of Selling in Today's Market – Kenna Real Estate Can Help -.