$4,393 Closing Credit*
$369,900
2,186 SqFt
4 Beds
•3 Full Baths
Jordan Brasch, Listing Office: Good Life Real Estate, LLC.
Is Palmyra, NE a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Palmyra has remained a Seller's Market.
Key Takeaway
Palmyra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Palmyra, NE
How much do homes in Palmyra, NE cost?
Median Sold Price
$455,000
$219/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$179,000(+64.9%)
Key Takeaway
Homes in Palmyra have sold for 64.9% more than they did a month ago.
Summary: The median home sold price in Palmyra was $455,000 in October 2024, up 64.9% from last month, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $220K | $550K | +150.0% |
| 4 Bedrooms | $312.9K | $360K | +15.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Palmyra housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 15%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Palmyra | $276K | $455K | +64.9% |
| North Palmyra | $276K | $360K | +30.4% |
Housing Supply in Palmyra, NE
How many homes are available in Palmyra, NE?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Summary: The Palmyra real estate market had 7 homes for sale in October 2024, a 12.5% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 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 remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Palmyra, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Palmyra in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Palmyra, NE
How long does it take to sell a home in Palmyra, NE?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 Days | 9 Days | +137.5% |
Summary: Homes in Palmyra had an average of 9 days on market in Oct 2024, up by 137.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Palmyra are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Palmyra; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Great Plains REALTORS® Multiple Listing Service, Inc. All rights reserved.