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Foreclosure Homes in Palmyra, IN

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Palmyra, IN Foreclosures

How much do homes sell for in Palmyra, IN?
The average home price is currently $247,019.
In Palmyra, IN, how many homes are available?
There are currently 16 active home listings available in Palmyra.
What’s the average rental cost in Palmyra, IN?
The average rental price in Palmyra is $1,139.
What is the most expensive home in Palmyra?
The most expensive home sold in Palmyra had a price of $1,180,799.
What is currently the cheapest priced home in Palmyra, IN?
The cheapest home for sale in Palmyra is priced at $17,178.

Living in Palmyra, IN

Palmyra, IN offers a delightful small-town atmosphere with close-knit community living. Residents benefit from quality schools, beautiful parks, and a variety of recreational activities. With its peaceful environment and accessibility to larger cities, it stands out as an ideal location for real estate investment.

Current Market Conditions in Palmyra, IN

The real estate market in Palmyra is currently robust, with increasing interest from buyers looking for affordable homes in a serene environment. Investors are taking advantage of the affordable price points and the town's growth potential, which enhances property value over time.

Recent trends indicate a rise in new construction projects and home renovations, signaling a revitalization of the community. The combination of stable demand and limited supply is making the market favorable for property investments.

Home Value Estimator For Palmyra, IN

There are currently 1,244 real estate properties in Palmyra, IN, with a median automated valuation model (AVM) price of $213,950.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palmyra, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palmyra, IN, is $247,019.00, with the most expensive house in Palmyra, IN, topping out at $1,180,799.00 and the cheapest home in Palmyra, IN, clocking in at $17,178.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmyra, IN!

Rent Prices In Palmyra, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmyra, IN, is on a rollercoaster ride. The average rent price in Palmyra, IN, is $1,139.00. Indeed, when looking to rent in Palmyra, IN, you can expect to pay as little as $580.00 or as much as $2,080.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Palmyra, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Palmyra, IN Foreclosures

Market Trend for Palmyra, IN

Total Listings Available: 16

Market Values:

Home Prices from $17,178 to $1,180,799

Average Sales Price: $247,019

Rental Values:

Rental from $580 to $2,080

Average Rent Value: $1,139 / month

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