The housing market in Palmyra, NE is growing steadily, with the median value of houses being $301,900. This is slightly less than the US house median value of $338,100 but more than makes up for it with a 12.01% house appreciation rate over the last year; significantly higher than the US 1 year house appreciation rate of 8.27%. With such strong growth in a relatively short time frame, Palmyra is an attractive option for those looking to invest in real estate.
The median home cost in Palmyra is $301,900. Home appreciation the last 10 years has been 86.4%. Home Appreciation in Palmyra is up 12.8%.
Average Age of Homes
- The median age of Palmyra real estate is 47 years old
The Rental Market in Palmyra
- Renters make up 16.6% of the Palmyra population
- 0.0% of houses and apartments in Palmyra, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.