Housing in Palmyra, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$218,000
Median List Price
N/A
Price Per Sq Ft
$212
Days on Market
45
Active Inventory
2
Months of Supply
2.0
Seller's market
Zillow Home Value
$223,052
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
99.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$212
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
$143,500
Median Rent
$717
Total Housing Units
559
Vacancy Rate
8.2%
Owner Occupied
55.8%
Renter Occupied
44.3%
Median Property Tax
$859
per year
Monthly Cost (w/ Mortgage)
$1,003
Housing Types
The current median sale price in Palmyra, IN is $218,000 according to Redfin data. Homes spend a median of 45 days on the market. 0.0% of homes sold above asking price. The market has 2.0 months of supply. The median price per square foot is $212. The median rent is $717 per month (Census ACS). About 55.8% of housing units are owner-occupied. The median year homes were built is 1983. There are 559 total housing units.