Palmyra, PA housing market
The typical Palmyra home is worth about $353,000, up 4.8% in a year, 21% above the Pennsylvania typical home. Homes typically sell in 16 days, a little above asking.
Home values, sales, trends and how Palmyra compares with the towns next door — updated as new data is published.
Palmyra at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Palmyra | Pennsylvania |
|---|---|---|
| 2017 | $197,000 | $173,000 |
| 2018 | $203,000 | $181,000 |
| 2019 | $212,000 | $188,000 |
| 2020 | $225,000 | $198,000 |
| 2021 | $244,000 | $219,000 |
| 2022 | $270,000 | $240,000 |
| 2023 | $294,000 | $257,000 |
| 2024 | $310,000 | $268,000 |
| 2025 | $327,000 | $280,000 |
| 2026 | $342,000 | $287,000 |
| August 2026 | $353,000 | $290,000 |
39 new homes permitted in 2025
Builders were permitted 39 new homes in Palmyra in 2025: 19 single-family houses and 20 in buildings with two or more homes, worth about $5.4 million to build. That's 5 per 1,000 residents, faster than across Pennsylvania (2). Over the past 10 years, Palmyra has permitted 73 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 18 | 8 | 10 | $2.5 million |
| 2025 | 39 | 19 | 20 | $5.4 million |
| 2024 | 4 | 4 | 0 | $1.2 million |
| 2023 | 3 | 3 | 0 | $896,000 |
| 2022 | 4 | 4 | 0 | $1.2 million |
| 2021 | 1 | 1 | 0 | $266,000 |
| 2020 | 1 | 1 | 0 | $266,000 |
| 2019 | 1 | 1 | 0 | $266,000 |
| 2018 | 1 | 1 | 0 | $266,000 |
| 2017 | 9 | 9 | 0 | $2.4 million |
| 2016 | 10 | 10 | 0 | $2.6 million |
| 2015 | 2 | 2 | 0 | $514,000 |
| 2014 | 12 | 12 | 0 | $2.9 million |
| 2013 | 10 | 10 | 0 | $2.3 million |
How Palmyra ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Palmyra and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Palmyra | $353K | +4.8% | $1,620 | 39 | $77,469 |
| North Londonderry | — | +7.4%† | $1,530 | — | $108,548 |
| Palmdale | — | +3.4%† | $1,610 | — | $62,628 |
| Derry | — | +5.6%† | $1,670 | 8 | $97,025 |
† FHFA price index change, where Zillow has no home value for the town.
4.6 years of income
The typical Palmyra home costs about 4.6 years of the town's median household income, more than across Pennsylvania (3.7 years).
How Palmyra ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,620
HUD's Fair Market Rent for a two-bedroom in Palmyra is $1,620 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Palmyra pay a median of $1,084, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $1,180 · 4 bedrooms $2,230
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (17078; Harrisburg-Carlisle, PA MSA), 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, May 2026. 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.