$1,769 Closing Credit*
$149,000
1,706 SqFt
4 Beds
•1 Full Bath
Lori Smith, Listing Office: RE/MAX Professionals
Housing Prices in Palmyra, IL
How much do homes in Palmyra, IL cost?
Median List Price
$143,950
$88/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$20,950(+17.0%)
Key Takeaway
The list price of homes in Palmyra has increased by 17% since last year.
Summary: The median home list price in Palmyra was $143,950 in October 2024, up 17% from the previous year, and the median price per square foot was $88.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $127.9K | $32.4K | -74.6% |
| 3 Bedrooms | $130.9K | $138.9K | +6.1% |
| 4 Bedrooms | $63.9K | $159.9K | +150.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Palmyra housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 74.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 150%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Palmyra | $123K | $143.9K | +17.0% |
| North Palmyra Township | $123.9K | $143.9K | +16.1% |
| South Palmyra Township | $123K | $123K | 0.0% |
Housing Supply in Palmyra, IL
How many homes are available in Palmyra, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Palmyra real estate market had 6 homes for sale in October 2024, a 50.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Palmyra housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Days on Market for Palmyra, IL
How long does it take to sell a home in Palmyra, IL?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 272 Days | 47 Days | -82.7% |
Summary: Homes in Palmyra had an average listing age of 47 days in Oct 2024, down by 82.7% compared to the previous year.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.