Cinnaminson Avenue and Spring Garden Street Schools · Photo: JERRYE AND ROY KLOTZ MD · CC BY-SA 3.0114 homes sold in Palmyra in the last year, at a typical $313K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Palmyra homes are listed.
Every place Palmyra homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Palmyra.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 47% of Palmyra’s sales, at a typical $362K
114 homes sold in the year to May 2026.
typical sale · 54 sold in 12 months
- Per square foot
- $240NJ $331
- Days to sell
- 50
- Sold over asking
- 44%
- Listings with a price cut
- 29%
Multi-family (2–4 units): 4 sold, typical $401K
Townhouses: 53 sold, typical $271K
Condos: 3 sold, typical $261K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.3 times the 2016 price
114 sales in the last year, against 191 in 2017 and a low of 93 in 2012. The typical sale went from $137K in 2016 to $313K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Palmyra
Check a listing against what Palmyra homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Palmyra are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of Palmyra’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 114 sales.
If you’re buying in Palmyra
- Shop in August. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- You can negotiate. 29% of listings have cut their price, against 24% before the pandemic.
- Bid near asking. Buyers paid 101.2% of the list price on average; 41% paid over.
- You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 42 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 19 a month), but May is the most competitive: 44% of May sales close over asking. August offers nearly as much choice with fewer homes bid up (34%). January has the least competition (23%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than New Jersey
| Palmyra now | 2017–19 | 2021 peak | NJ now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 41% | 23% | 57% | 48% |
| Gone within two weeksShare of homes under contract within 14 days | 37% | 16% | 59% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | 24% | 18% | 17% |
| Price paid vs. askingAverage sale price ÷ list price | 101.2% | 96.6% | 101.6% | 101.2% |
| Days to sellMedian days from listing to contract | 42 | 71 | 24 | 45 |
22 homes for sale on a typical day
That’s 1.8 times the 2023 low (12), 63% fewer than in 2017–19 and well under 2012’s 98.
1 in 3 listings has cut its price
29% in the last year, against 24% in 2017–19 and 17% across New Jersey. More sellers are pricing high and coming down.
Palmyra ranks 207th of 299 busy New Jersey markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Palmyra is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Palmyra home costs about $2,331 a month
Price: Palmyra’s typical sale, last 12 months. Property tax at Palmyra’s 2.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Palmyra is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 10.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $313K home, about $8,380 a year.
Taxes vs. neighborsSchools
The schools grade for Palmyra, from test results, graduation and how much students grow.
Schools in PalmyraCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Moorestown-Lenola for far more
The busier markets within 25 miles of Palmyra, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Pennsauken Township | 322 | $325K | $217 | 46% | 36 |
| Cherry Hill Mall | 168 | $412K | $232 | 49% | 40 |
| Moorestown-Lenola | 151 | $611K | $290 | 33% | 33 |
| Palmyra | 114 | $313K | $214 | 41% | 42 |
| Golden Triangle | 66 | $409K | $263 | 38% | 46 |
| Merchantville | 45 | $372K | $209 | 42% | 31 |
| Riverton | 27 | $491K | $252 | 44% | 43 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Palmyra, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Palmyra. People who follow the town see it, and so do people comparing Palmyra with their own town. No commission, no listing fee.
Questions about buying a home in Palmyra
What do homes sell for in Palmyra, NJ?
114 homes sold in the year to May 2026 at a typical $313K, $214 a square foot.
Is Palmyra a buyer’s or seller’s market?
A seller’s market: 22 homes were for sale in May 2026 and 12 sold, about 1.8 months of supply. Buyers paid 101.2% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Palmyra?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Palmyra?
About 2.7% of a home’s value a year. On a $313K home that’s near $8,380.
Where can I see homes for sale in Palmyra?
Zillow, Redfin, Realtor.com and Homes.com all carry Palmyra’s MLS listings; the search links above open each one filtered to Palmyra.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).