Zip 04965 (Palmyra, ME) Housing

The housing market in 04965 Palmyra, ME is significantly stronger than the US national average. The median value of homes in this area is $185,400, compared to the US median of $338,100. Moreover, the one year appreciation rate of houses in this area is 16.46%, far higher than the 8.27% national average. This indicates that the housing market in 04965 Palmyra, ME has been booming over the past year and continues to be a strong investment for anyone looking to purchase property here.

The median home cost in Palmyra (zip 04965) is $185,400. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Palmyra (zip 04965) is up 20.6%.

Average Age of Homes

- The median age of Palmyra (zip 04965) real estate is 34 years old

The Rental Market in Palmyra (zip 04965)

- Renters make up 7.4% of the Palmyra (zip 04965) population
- 0.0% of houses and apartments in Palmyra (zip 04965), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Palmyra, Maine	United States
	870.0	139,647,020.0
	36	42
	$185,400	$338,100
	20.6%	16.6%
	71.4%	57.0%
	82.1%	101.1%
	$12.31	$10.98
	$1,403	$2,690
	75.9%	57.4%
	6.1%	11.2%
	18.0%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	3.1%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	4.5%	2.4%
	10.8%	2.8%
	15.0%	3.9%
	13.5%	4.5%
	13.2%	11.3%
	26.7%	13.0%
	11.7%	20.1%
	2.1%	13.6%
	0.0%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.4%	13.6%
	22.4%	13.6%
	13.2%	13.6%
	17.6%	13.2%
	20.3%	14.8%
	13.2%	13.6%
	3.7%	10.0%
	0.0%	4.7%
	14.4%	12.2%

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