Housing in Palmyra, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — November 2024Median Sale Price
$205,000
Median List Price
N/A
Price Per Sq Ft
$106
Days on Market
5
Active Inventory
1
Months of Supply
1.0
Seller's market
Zillow Home Value
$139,866
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$106
Palmyra vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Palmyra is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$86,400
Median Rent
$670
Total Housing Units
339
Vacancy Rate
27.7%
Owner Occupied
81.2%
Renter Occupied
18.8%
Median Property Tax
$916
per year
Monthly Cost (w/ Mortgage)
$582
Housing Types
The current median sale price in Palmyra, IL is $205,000 according to Redfin data. Homes spend a median of 5 days on the market. 0.0% of homes sold above asking price. The market has 1.0 months of supply. The median price per square foot is $106. The median rent is $670 per month (Census ACS). About 81.2% of housing units are owner-occupied. The median year homes were built is 1967. There are 339 total housing units.