In Palmyra, VA, the median value of housing is $296,700. This is significantly lower than the US House median value of $338,100. Despite this, the 1 year house appreciation in Palmyra is 14.98%, which is higher than the US 1 year house appreciation of 8.27%. This indicates that Palmyra's housing market is flourishing and could be a great place to invest in real estate.
The median home cost in Palmyra is $296,700. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Palmyra is up 14.9%.
Average Age of Homes
- The median age of Palmyra real estate is 23 years old
The Rental Market in Palmyra
- Renters make up 36.7% 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.