The housing market in Palmyra, MI (49268) is on the rise. The median value for a house in this area is currently $175,000, which is significantly lower than the US house median value of $338,100. However, over the past year, appreciation for houses in Palmyra has increased by 9.09% compared to an 8.27% rate nation-wide. This suggests that now may be a good time to invest in property in this area, as it is growing at a slightly faster rate than the national average.
The median home cost in Palmyra (zip 49268) is $175,000. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Palmyra (zip 49268) is up 16.2%.
Average Age of Homes
- The median age of Palmyra (zip 49268) real estate is 68 years old
The Rental Market in Palmyra (zip 49268)
- Renters make up 7.3% of the Palmyra (zip 49268) population
- 0.0% of houses and apartments in Palmyra (zip 49268), 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.