Palmyra, NJ Housing Market
The Palmyra housing market is most competitive. The median sale price of a home in Palmyra was $273K last month, down 4.4% since last year. The median sale price per square foot in Palmyra is $202, up 3.3% since last year.
Palmyra Housing Market Trends
In May 2024, Palmyra home prices were down 4.4% compared to last year, selling for a median price of $273K. On average, homes in Palmyra sell after 11 days on the market compared to 12 days last year. There were 14 homes sold in May this year, up from 13 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Palmyra housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 15 days.
- Hot homescan sell for about 8% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 43 days.
- Hot homescan sell for about 1% above list price and go pending in around 16 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 32 days.
- Hot homescan sell for about 7% above list price and go pending in around 13 days.
Palmyra Migration & Relocation Trends
- Across the nation, 2% of homebuyers searched to move into Palmyra from outside metros.
- New York homebuyers searched to move into Palmyra more than any other metro followed by Los Angeles and San Francisco.
- 76% of Palmyra homebuyers searched to stay within the Palmyra metropolitan area.
- Salisbury was the most popular destination among Palmyra homebuyers followed by Harrisburg and Allentown.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,114 | ||
2 | 194 | ||
3 | 187 | ||
4 | 68 | ||
5 | 48 | ||
6 | 34 | ||
7 | 7 | ||
8 | 7 | ||
9 | 4 | ||
10 | 3 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 1,539 | ||
2 | 1,070 | ||
3 | 961 | ||
4 | 792 | ||
5 | 726 | ||
6 | 721 | ||
7 | 532 | ||
8 | 525 | ||
9 | 465 | ||
10 | 413 |
Home offer insights for Palmyra
Recent offers
View houses in Palmyra that sold recently
Recently sold homes
- $330,000 Last Sold Price3 beds1 bath1,068 sq ft421 Hubbs Dr, Palmyra, NJ 08065(856) 227-1950List Price$315,000Sale to List5% over listDays on Market32 days421 Hubbs Dr, Palmyra, NJ 08065
- $301,000 Last Sold Price4 beds1.5 baths1,916 sq ft810 Lincoln Ave, Palmyra, NJ 08065(856) 235-1950List Price$265,000Sale to List14% over listDays on Market28 days810 Lincoln Ave, Palmyra, NJ 08065
- $250,000 Last Sold Price3 beds1 bath1,064 sq ft511 Vine St, Palmyra, NJ 08065(732) 307-3200List Price$239,900Sale to List4% over listDays on Market138 days511 Vine St, Palmyra, NJ 08065
- $683,000 Last Sold Price3 beds2.5 baths2,224 sq ft701 Park Ave, Riverton, NJ 08077(856) 866-2525List Price$625,000Sale to List9% over listDays on Market63 days701 Park Ave, Riverton, NJ 08077
- $190,000 Last Sold Price3 beds2 baths1,568 sq ft208 Delaware, Palmyra, NJ 08065(856) 866-2525List Price$249,900Sale to List24% under listDays on Market52 days208 Delaware, Palmyra, NJ 08065
- $193,000 Last Sold Price3 beds1 bath792 sq ft616 Chestnut St, Palmyra, NJ 08065(856) 552-0505List Price$150,000Sale to List29% over listDays on Market37 days616 Chestnut St, Palmyra, NJ 08065
- $317,000 Last Sold Price2 beds1 bath1,200 sq ft501 W Charles St, Palmyra, NJ 08065(856) 866-2525List Price$269,900Sale to List17% over listDays on Market28 days501 W Charles St, Palmyra, NJ 08065
- $285,000 Last Sold Price3 beds2.5 baths1,376 sq ft3401 Ebbtide Ln, Palmyra, NJ 08065(856) 394-5700List Price$270,000Sale to List6% over listDays on Market62 days3401 Ebbtide Ln, Palmyra, NJ 08065
See all recently sold homes in Palmyra.
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Schools in Palmyra
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Riverton Elementary School Public • PreK-8 | 290 Students | 5 reviews |
5/10 Charles Street Elementary School Public • PreK-5 | 352 Students | 15 reviews |
Climate's impact on Palmyra housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Palmyra.
Flood Factor - Major
Flood Factor
Fire Factor - Minor
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Palmyra
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