Palmyra, MI Foreclosures
How much do homes sell for in Palmyra, MI?
The average home price is currently $199,180.
In Palmyra, MI, how many homes are available?
There are currently 1 active home listings available in Palmyra.
What’s the average rental cost in Palmyra, MI?
The average rental price in Palmyra is $1,096.
What is the most expensive home in Palmyra?
The most expensive home sold in Palmyra had a price of $948,595.
What is currently the cheapest priced home in Palmyra, MI?
The cheapest home for sale in Palmyra is priced at $21,280.
Living in Palmyra, MI
Palmyra, MI is a charming village that offers a tranquil rural lifestyle surrounded by farmland and nature. It features essential local amenities, outdoor recreational activities, and a strong sense of community. Perfect for those looking to escape the rush of urban living, Palmyra presents an ideal setting for families and individuals alike.
Current Market Conditions in Palmyra, MI
The real estate market in Palmyra, MI remains stable with a mix of affordable housing options suitable for first-time buyers and growing families. With a growing interest in rural living, the demand for homes in this peaceful village has been steadily increasing, making it an attractive location for real estate investment.
As the economy strengthens and remote work opportunities rise, more people are looking to move away from crowded urban centers, thereby increasing the demand for homes in small towns like Palmyra. With its charm and affordability, the market is poised for gradual growth.
Home Value Estimator For Palmyra, MI
There are currently 416 real estate properties
in Palmyra, MI,
with a median automated valuation model (AVM) price
of $188,400.00. 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, MI, 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, MI,
is $199,180.00, with the most expensive house
in Palmyra, MI, topping out
at $948,595.00 and the cheapest home
in Palmyra, MI,
clocking in at $21,280.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Palmyra, MI!
Rent Prices
In Palmyra, MI
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Palmyra, MI, is on
a rollercoaster ride. The
average rent price in Palmyra, MI,
is $1,096.00. Indeed, when looking to rent in
Palmyra, MI, you can expect to pay as little
as $660.00 or as much
as $1,670.00,
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, MI
-- 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.
Learn more on Foreclosure homes
