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Palmyra four churchesPhoto: JonRidinger · CC BY 3.0
Housing in Palmyra

66 homes sold in Palmyra in the last year, at a typical $234K

Redfin reports Palmyra’s sales by ZIP code, so these figures are for ZIP 14522, which takes in Palmyra and the area around it. Almost every sale is a house. 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.

Homes sold
66
ZIP 14522 · June 2025 to May 2026
Typical sale price
$234K
median, weighted by sales
Price per square foot
$157
New York $434
Paid vs. asking
110.7%
72% sold over asking
For sale now
7
May 2026 · 8 sold that month
What sold · last 12 months · ZIP 14522

Houses are 93% of Palmyra’s sales, at a typical $236K

66 homes sold in the year to May 2026.

Houses$236K

typical sale · 61 sold in 12 months

Per square foot
$160NY $316
Days to sell
10
Sold over asking
71%
14 years of sales

Fewer homes sell than a decade ago, at twice the 2016 price

66 sales in the last year, against 107 in 2017 and a low of 44 in 2012. The typical sale went from $110K in 2016 to $234K.

Homes soldTypical sale price
03775112150$75K$150K$225K$300K2012: 44 sold, typical $119K’122013: 53 sold, typical $100K2014: 67 sold, typical $102K’142015: 85 sold, typical $111K2016: 89 sold, typical $110K’162017: 107 sold, typical $112K2018: 98 sold, typical $114K’182019: 89 sold, typical $129K2020: 101 sold, typical $135K’202021: 94 sold, typical $153K2022: 97 sold, typical $164K’222023: 64 sold, typical $195K2024: 70 sold, typical $214K’242025: 69 sold, typical $242KLast 12 months: 66 sold, typical $234KNow

Source: Redfin Data Center, MLS sales; for ZIP 14522, which takes in Palmyra and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $250K buys in Palmyra

Houseat $160 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

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.

What the sales history says · 14 years of sales

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 home sales in ZIP 14522 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, 66 sales.

If you’re buying in Palmyra

  • Shop in May. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (43% over asking).
  • Expect to bid over asking. Buyers paid 110.7% of the list price on average; 72% paid over.
  • Move fast on good ones. Two thirds of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 11 a month), but August is the most competitive: 54% of August sales close over asking. May and June offer nearly as much choice with fewer homes bid up (43%). March has the least competition (42%) but only about 6 new listings.

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 5 new listings a month, 43% sold over asking, 41 days to sellJFeb: 5 new listings a month, 46% sold over asking, 43 days to sellFMar: 6 new listings a month, 42% sold over asking, 46 days to sellMApr: 7 new listings a month, 44% sold over asking, 46 days to sellAMay: 9 new listings a month, 43% sold over asking, 43 days to sellMJun: 10 new listings a month, 47% sold over asking, 35 days to sellJJul: 11 new listings a month, 52% sold over asking, 32 days to sellJAug: 10 new listings a month, 54% sold over asking, 23 days to sellASep: 10 new listings a month, 53% sold over asking, 24 days to sellSOct: 9 new listings a month, 48% sold over asking, 27 days to sellONov: 8 new listings a month, 46% sold over asking, 31 days to sellNDec: 6 new listings a month, 47% sold over asking, 32 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New York

Palmyra now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price72%32%65%41%
Gone within two weeksShare of homes under contract within 14 days70%38%70%26%
Listings with a price cutShare of homes for sale that cut their price———20%
Price paid vs. askingAverage sale price ÷ list price110.7%97.2%105%101%
Days to sellMedian days from listing to contract10391341
Supply

5 homes for sale on a typical day

That’s 1.6 times the 2023 low (3), 69% fewer than in 2017–19 and well under 2012’s 43.

2012: 43 for sale’122013: 42 for sale2014: 42 for sale2015: 34 for sale’152016: 27 for sale2017: 26 for sale2018: 12 for sale’182019: 13 for sale2020: 10 for sale2021: 5 for sale’212022: 6 for sale2023: 3 for sale2024: 5 for sale’242025: 5 for saleLast 12 months: 5 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 14522, which takes in Palmyra and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Palmyra home costs about $1,725 a month

Mortgage
Property tax
Insurance
Rent

Price: Palmyra’s typical sale, last 12 months. Property tax at Palmyra’s 2.6% (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.

Before you buy in Palmyra

Six things worth knowing

11

New listings in July

The month with the most choice. February has the fewest, about 5.

Best time to buy
2.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $234K home, about $6,040 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Palmyra, from test results, graduation and how much students grow.

Schools in Palmyra
25 min

Typical commute

The average one-way trip to work for people who live in Palmyra.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Palmyra, Newark and Arcadia sell for less a square foot; Farmington 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.

SoldTypical sale$/sq ftOver askingDays to sell
Arcadia133$209K$12857%15
Farmington114$334K$20272%13
Newark87$195K$11956%16
Walworth83$310K$18576%10
Palmyra (ZIP 14522)66$234K$15772%10
Gananda64$335K$18072%13
Palmyra23$204K$10965%17

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.

Selling, or renting out?

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, NY?

66 homes sold in the year to May 2026 at a typical $234K, $157 a square foot.

Is Palmyra a buyer’s or seller’s market?

A seller’s market: 7 homes were for sale in May 2026 and 8 sold, about 0.9 months of supply. Buyers paid 110.7% of asking on average.

When is the best time to buy in Palmyra?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Palmyra?

About 2.6% of a home’s value a year. On a $234K home that’s near $6,040.

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; for ZIP 14522, which takes in Palmyra and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).