$0 Closing Credit*
$1
3 Beds
•1 Full Bath, 1 Partial
#1899577, Billy Prom, Listing Office: Realty Executives Integrity Brookfield
Is Palmyra, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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, WI
How much do homes in Palmyra, WI cost?
Median Sold Price
$345,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+9.5%)
Key Takeaway
Homes in Palmyra have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Palmyra was $345,000 in October 2024, up 9.5% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | - | N/A |
| 2 Bedrooms | $340K | $285K | -16.2% |
| 3 Bedrooms | $275K | $330K | +20.0% |
| 4 Bedrooms | $482.5K | $587.3K | +21.7% |
| 5+ Bedrooms | $455.5K | $544.9K | +19.6% |
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 16.2%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 19.6%.
Housing Supply in Palmyra, WI
How many homes are available in Palmyra, WI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The Palmyra real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 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 decreased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was 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. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Palmyra in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Palmyra, WI
We’re sorry, we don't have information for this market at the moment
