Is Palmyra, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Palmyra is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Palmyra was a Neutral Market.

Key Takeaway

Palmyra is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Palmyra, WI

How much do homes in Palmyra, WI cost?

Median Sold Price

$939,850

$379/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$309,950(+49.2%)

Key Takeaway

Homes in Palmyra have sold for 49.2% more than they did a month ago.

Summary: The median home sold price in Palmyra was $939,850 in April 2024, up 49.2% from last month, and the median price per square foot was $379.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$955K
N/A
4 -$924.7K
N/A
5+ $629.9K-
N/A

Summary: Palmyra housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Palmyra, WI

How many homes are available in Palmyra, WI?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Palmyra real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 23
+50.0%
4 22
0.0%
5+ 21
-50.0%

Summary: The Palmyra housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Palmyra, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Palmyra in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Palmyra, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Palmyra, WI

Nearby Markets to Palmyra, WI