Palmyra, WI—53156
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Palmyra, WI
As of Oct '25, the median home price in Palmyra, WI is $358,000, with a year-over-year change of 3.3%. This indicates that home prices in Palmyra, WI are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $358,000 | 3.3% |
| Single Family | $359,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $346,000 | 3.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Palmyra, WI
Palmyra, WI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,050 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,050 | $1,050 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Palmyra, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Palmyra, WI is 56. This is a increase of 33.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $419,000 | -38.0% |
Listing Count | 8 | -8.0% |
| Listings as % of Homes | 0.1% | -8.0% |
Days on Market | 56 | 33.0% |
Demographics — Palmyra, WI
As of the latest ACS Survey released in 2023, Palmyra, WI has a population of 3,310, which has increased by 11.7% over the past 5 years. Palmyra, WI is a moderately popular place for families, as children make up 19.3% of the population. The area has a poorly educated workforce, with 23.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,310 | 11.7% |
% Under 18 | 19.3% | -6.3% |
% Seniors | 18.7% | -6.0% |
% WFH | 4.4% | -20.0% |
% w/ College Degree | 23.0% | -1.7% |
As of the latest ACS Survey released in 2023, Palmyra, WI is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Palmyra, WI is hispanic, making up 8.0% of the population. Foreign-born residents account for 1.2% of the population in Palmyra, WI, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.5% | -3.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 8.0% | 50.9% |
% Asian | 0.6% | ∞% |
% Foreign Born | 1.2% | 0.0% |
Mortgage and Risk — Palmyra, WI
Palmyra, WI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Palmyra, WI
Palmyra, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $760 |
| 2 Bedroom | -$50 | $1,050 | $1,000 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,610 |
Affordability — Palmyra, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $358,000 |
| Median Household Income | $83,400 |