Zip 14522 (Palmyra, NY) Housing

Housing in 14522 Palmyra, NY is booming compared to the national average. The median value of the housing in this area is $172,500, significantly less than the US median value of $338,100. However, over the past year, housing in Palmyra has appreciated 14.78%, higher than the US appreciation rate of 8.27% - showing a strong market for people looking to buy real estate here. With an increasing demand for housing in this area and an appreciation rate that's higher than the country average, Palmyra is a great place to invest in real estate.

The median home cost in Palmyra (zip 14522) is $172,500. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Palmyra (zip 14522) is up 15.3%.

Average Age of Homes

- The median age of Palmyra (zip 14522) real estate is 51 years old

The Rental Market in Palmyra (zip 14522)

- Renters make up 28.1% of the Palmyra (zip 14522) population
- 1.1% of houses and apartments in Palmyra (zip 14522), 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, New York	United States
	4,333.0	139,647,020.0
	63	42
	$172,500	$338,100
	15.3%	16.6%
	52.6%	57.0%
	68.7%	101.1%
	$33.89	$10.98
	$4,422	$2,690
	70.5%	57.4%
	4.8%	11.2%
	24.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.7%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	10.6%	2.6%
	1.0%	2.4%
	5.0%	2.8%
	6.3%	3.9%
	8.5%	4.5%
	28.4%	11.3%
	18.1%	13.0%
	15.9%	20.1%
	4.8%	13.6%
	0.0%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	1.1%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	6.7%	13.6%
	9.2%	13.2%
	10.5%	14.8%
	6.7%	13.6%
	12.2%	10.0%
	7.5%	4.7%
	33.2%	12.2%

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