HouseNZ$665,000
Palmerston North City
3 bd 1 ba 140 m²
Palmerston North houses: Manawatū prices and overseas-buyer rules
157 homes and apartments for sale in Palmerston North, New Zealand.
Properties for sale in Palmerston North
24 properties shown
House
HouseNZ$558,000
Palmerston North City
3 bd 1 ba 99 m²
HouseNZ$939,000
Palmerston North City
4 bd 1 ba 210 m²
HouseNZ$829,000
Palmerston North City
4 bd 2 ba 260 m²
NZ$1,079,000
Palmerston North City
4 bd 1 ba 199 m²
HouseNZ$525,000
Palmerston North City
3 bd 1 ba 137 m²
HouseNZ$900,000
Palmerston North City
4 bd 1 ba 234 m²
HouseNZ$799,000
Palmerston North City
3 bd 1 ba 137 m²
HouseNZ$595,000
Palmerston North City
2 bd 1 ba 113 m²
HouseNZ$1,590,000
Palmerston North City
4 bd 2 ba 384 m²
HouseNZ$515,000
Palmerston North City
3 bd 1 ba 123 m²
NZ$930,000
Palmerston North City
4 bd 1 ba 274 m²
HouseNZ$549,000
Palmerston North City
4 bd 1 ba 100 m²
HouseNZ$469,000
Palmerston North City
3 bd 1 ba 99 m²
HouseNZ$629,000
Palmerston North City
3 bd 1 ba 116 m²
HouseNZ$719,000
Palmerston North City
4 bd 1 ba 127 m²
NZ$1,150,000
Palmerston North City
5 bd 2 ba 282 m²
HouseNZ$1,300,000
Palmerston North City
3 bd 1 ba 193 m²
HouseNZ$1,100,000
Palmerston North City
4 bd 2 ba 272 m²
NZ$1,150,000
Palmerston North City
4 bd 1 ba 169 m²
HouseNZ$769,000
Palmerston North City
4 bd 2 ba 160 m²
HouseNZ$809,000
Palmerston North City
3 bd 2 ba 216 m²
HouseNZ$449,000
Palmerston North City
3 bd 1 ba 123 m²
HouseNZ$499,000
Palmerston North City
3 bd 1 ba 101 m²
Buyer's guide: Palmerston North
Palmerston North real estate is a three-bedroom house market in the Manawatū, with a median asking price of €324,273 across 140 listings. For overseas readers the headline is New Zealand's ban on buying existing homes, which shapes who can act on these prices.
Price snapshot
Asking prices in our current listings are shown in euros. Half of the market asks between €279,180 and €437,444. The median home is 145 m² and the median is €2,375 per m².
| Measure | Value |
|---|---|
| Listings | 140 |
| Median asking price | €324,273 |
| Range (p25 to p75) | €279,180 to €437,444 |
| Price per m² | €2,375 |
| Median size | 145 m² |
Houses, mostly three bedrooms
Houses account for 134 of 140 listings, apartments 4 and plots 2. Three-bedroom homes lead with 72, ahead of 39 four-bedroom, 14 with five or more and 9 two-bedroom. The area includes townhouse developments too. See houses in New Zealand and townhouses.
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City, region and neighbours
Palmerston North is a university and research city on the Manawatū River, home to Massey University and a major agricultural economy, with Ashhurst a small town on its edge. Wellington is roughly two hours away by road. Within the lower North Island, Whanganui and Masterton are regional towns, Lower Hutt and Wellington are capital-region markets, and Hastings is in Hawke's Bay. Northland is a region at the far north of the country, not close.
Overseas buyers
New Zealand bans overseas persons from buying existing homes. Since 6 March 2026, holders of the Active Investor Plus visa may buy one home above NZ$5 million with consent. Exemptions exist for Australian and Singaporean citizens and for people who are resident under New Zealand law, so seek advice from a New Zealand lawyer before you proceed. There is no stamp duty, but sales within the bright-line period may trigger tax.
Our New Zealand buying guide and financing page cover more, and the country page lists other cities.
Last updated 8 October 2026
Buying property in Palmerston North: FAQ
Can a foreigner buy a house in Palmerston North?
Overseas persons are banned from buying existing homes, with exceptions for residents, Australians and Singaporeans.
Is there a stamp duty?
No, though other taxes such as the bright-line test may apply to resales.
What is the typical house here?
A three-bedroom home, with 73 of the 140 listings.
How far is Wellington?
Roughly two hours by road.
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