Housing in Palmyra, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$297,450

Median List Price

$339,450

Price Per Sq Ft

$208

Days on Market

51

Active Inventory

19

Months of Supply

1.4

Seller's market

Zillow Home Value

$303,991

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 3.5%List Price 15.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

35.7%

Off Market in 2 Weeks

9.1%

Sale-to-List Ratio

99.2%

Buyer's market

Sold Above Asking
35.7%
Under Contract in 2 Wks
9.1%
Listings with Price Drops
26.3%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

6

Pending Sales

11

Homes Sold 7.7%New Listings 60.0%Pending 8.3%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$208

Median List $/SF

$215

Sale $/SF 26.8%List $/SF 9.7%Mar 24Jan 26

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

$216,600

Median Rent

$1,680

Total Housing Units

3,406

Vacancy Rate

3.6%

Owner Occupied

69.6%

Renter Occupied

30.4%

Median Property Tax

$6,188

per year

Monthly Cost (w/ Mortgage)

$1,653

Housing Types

Single Family
75.8%
Multi-Family
24.3%
Mobile Home
0.0%

The current median sale price in Palmyra, NJ is $297,450 according to Redfin data. Homes spend a median of 51 days on the market. 35.7% of homes sold above asking price. The market has 1.4 months of supply. The median price per square foot is $208. The median rent is $1,680 per month (Census ACS). About 69.6% of housing units are owner-occupied. The median year homes were built is 1957. There are 3,406 total housing units.