Palmyra, NE housing market
The typical Palmyra home is worth about $347,000, up 5.2% in a year, 24% above the Nebraska typical home.
Home values, sales, trends and how Palmyra compares with the towns next door — updated as new data is published.
Palmyra at a glance
Typical home value, 2016–2026
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| January | Palmyra | Nebraska |
|---|---|---|
| 2017 | $174,000 | $157,000 |
| 2018 | $184,000 | $167,000 |
| 2019 | $197,000 | $176,000 |
| 2020 | $212,000 | $187,000 |
| 2021 | $233,000 | $205,000 |
| 2022 | $264,000 | $227,000 |
| 2023 | $299,000 | $248,000 |
| 2024 | $307,000 | $259,000 |
| 2025 | $324,000 | $270,000 |
| 2026 | $336,000 | $278,000 |
| August 2026 | $347,000 | $281,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Palmyra in 2025.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $400,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 1 | 1 | 0 | $280,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 4 | 4 | 0 | $856,000 |
| 2020 | 9 | 9 | 0 | $1.3 million |
| 2019 | 5 | 5 | 0 | $790,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,380
HUD's Fair Market Rent for a two-bedroom in Palmyra is $1,380 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Palmyra pay a median of $1,188, so moving in tends to cost more than staying put.
Studio $960 · 4 bedrooms $1,920
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68418; Omaha-Council Bluffs, NE-IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.