The typical home value in
Palmyra
is projected to be
$237,500
for the month of
September.
August’s
finalized data reported the typical value of a home in the
city
to be
$245,000—down
22.96%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$299,000
in
Lebanon County
for the most recent reporting period.
That number is expected to float around
$286,000
in
September.
Palmyra
had
14
new listings and
10
listings that went under contract in
August,
increasing
the area’s total available inventory to
27—up
22.73%
from the previous month. Inventory is projected to have further
increased
in
September.
Of those
27
active listings,
37.04%
reduced their price in the month of
August.
The median listing price for homes in
Palmyra
grew
32.8%
from
July
to
August,
bringing the current median listing price to
$328,620.
Based on projected data for
September,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
August 2025,
the median time for a listed property to go pending was
7
days, compared to
-4
days in
August 2024.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
September.