Palmyra, ME Home Values & Market Trends

Real estate market trends reflect that there have been 27 transactions over the past year in Palmyra. The median value for residential home transactions that occurred over the previous year is $224,052. The number of current listings in Palmyra is 0, and the percentage of properties for sale in the city is 0.00%. Palmyra, ME currently has 4 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 0 properties for sale.

Palmyra, ME Real Estate Market Overview

ZipMedian Est. Value
04965

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Housing Market Summary for Palmyra, ME

Apr 2023March 2024Change
Median Listing Price$60,000$239.1K298.44%
Median Sold Price$222.3K$239.1K7.54%
Homes For Sale30-100.00%
Homes Sold98-11.11%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Palmyra, ME

Palmyra home values range from $34,990 to $2,631,980. The median estimated value of a home in Palmyra is $224,052. The median list price of a home is 0, and the total count of properties in the city is 856.

Foreclosure
There is 1 zips within Palmyra, ME; within this zips, the median estimated home value for homes in foreclosure ranges from $253,343 in 04965 to the lowest value of $85,456 in 04965. Foreclosure homes account for 0.00% of properties in Palmyra, ME with 04965 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.35% of all residential properties in Palmyra, ME with 04965 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Palmyra, ME; of that zips, the estimated home value for pre-foreclosure homes ranges from $253,343 in 04965 to the lowest home value of $182,320 in 04965.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Palmyra, ME ranges from the highest value of $85,456 in 04965 to the lowest value of $85,456 in 04965. Bank owned homes and properties account for 0.12% of properties in Palmyra, ME. There is 1 zips within Palmyra, ME; 04965 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Palmyra, ME. Auction homes and other auction properties account for 0% of all properties in Palmyra, ME. There is 1 zips within Palmyra, ME; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.00% of residential properties in Palmyra, ME with 04965 containing 0 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Palmyra, ME; homes for sale in that zips, have a range of median values from $0 in 04965 to the lowest value of $0 in 04965.
    Sold Homes
    The median value for recently sold homes ranges from $2,631,980 in 04965 to the lowest price of $61,122 in 04965. There is 1 zips within Palmyra, ME. 04965 has 8 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.93% of properties in Palmyra, ME.

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      Guide for Palmyra, ME

      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      A home foreclosure
      Foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      New York
      San Antonio Real Estate Market Report – April 2024
      See More Articles
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      A home foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Foreclosure|posted 30 April 2024

      What is the impact on nearby house values of a foreclosed home?

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      San Antonio Real Estate Market Report – April 2024
      New York|posted 26 April 2024

      The San Antonio real estate market in 2024 is experiencing a slight decline in average property values, an increase in value per square foot, and a decrease in sales volume.

      Recently Listed Homes Palmyra, ME

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