$1,899 Closing Credit*
$159,900
718 SqFt
2 Beds
•1 Full Bath
#1901427, Tracy Lazzaro, Listing Office: Shorewest Realtors, Inc.
Is Palmyra, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Palmyra was a Neutral Market.
Key Takeaway
Palmyra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Palmyra, WI
How much do homes in Palmyra, WI cost?
Median Sold Price
$360,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,000(+20.0%)
Key Takeaway
Homes in Palmyra have sold for 20% more than they did a year ago.
Summary: The median home sold price in Palmyra was $360,000 in November 2024, up 20% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | - | N/A |
| 2 Bedrooms | $312.5K | $234.9K | -24.8% |
| 3 Bedrooms | $272.5K | $330K | +21.1% |
| 4 Bedrooms | $482.5K | $587.3K | +21.7% |
| 5+ Bedrooms | $475K | $544.9K | +14.7% |
Summary: Palmyra housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.8%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 14.7%.
Housing Supply in Palmyra, WI
How many homes are available in Palmyra, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Palmyra real estate market had 6 homes for sale in November 2024, a 14.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Palmyra housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Palmyra, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Palmyra in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Palmyra, WI
We’re sorry, we don't have information for this market at the moment
