What is the median home value in Palmyra, IN?
The median value of owner-occupied homes in Palmyra, IN is $163,800 (±$26,574), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Palmyra, the median home value went from $114,500 in 2015–2019 to $163,800 in 2020–2024 (+43.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $163,800 (±$26,574)
- Owner-occupied homes
- 304 (±78)
- Most common range
- $200,000 to $299,999
Home values in Palmyra
| Value | Palmyra | Harrison County | Indiana | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±11.6 points) | 8.4% | 6.0% | 5.3% |
| $50,000 to $99,999 | 22.0% (±12.6 points) | 8.3% | 10.1% | 6.1% |
| $100,000 to $149,999 | 21.1% (±9.7 points) | 10.0% | 12.7% | 6.8% |
| $150,000 to $199,999 | 24.3% (±10.0 points) | 13.9% | 15.8% | 9.0% |
| $200,000 to $299,999 | 25.0% (±9.7 points) | 28.3% | 25.1% | 17.8% |
| $300,000 to $499,999 | 6.6% (±5.8 points) | 23.9% | 21.8% | 26.9% |
| $500,000 to $999,999 | 0.0% (±11.6 points) | 6.5% | 7.3% | 20.9% |
| $1,000,000 or more | 1.0% (±1.9 points) | 0.7% | 1.2% | 7.1% |
The most common range is $200,000 to $299,999, 25.0% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Palmyra against Harrison County, its state and the nation
| Palmyra | Harrison County | Indiana | United States | |
|---|---|---|---|---|
| Median home value | $163,800 (±$26,574) | $229,600 (±$8,470) | $218,200 (±$739) | $332,700 |
| Owner-occupied homes | 304 (±78) | 12,962 (±429) | 1,916,243 (±9,865) | 84,210,142 |
In Palmyra, the median home value is lower than in Harrison County ($229,600).
It is also lower than in Indiana ($218,200).
It is lower than the national figure ($332,700).
In Harrison County, Palmyra ranks 13 of 20 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 896 of 1,574.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Palmyra have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $114,500 (±$18,302) | $163,800 (±$26,574) | +43.1% | No measurable change after inflation |
| Median owner cost with a mortgage | $904 (±$167) | $1,130 (±$72) | +25.0% | No measurable change after inflation |
| Median real estate taxes | $652 (±$180) | $905 (±$177) | +38.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Palmyra
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Palmyra | — | $163,800 (±$26,574) | — |
| Morgan Township (Harrison County) | 2.9 mi | $214,500 (±$37,093) | Higher |
| Jackson Township (Washington County) | 4.0 mi | $158,700 (±$27,513) | Not measurably different |
| Blue River Township (Harrison County) | 5.5 mi | $151,800 (±$22,600) | Not measurably different |
| Posey Township (Washington County) | 6.3 mi | $203,300 (±$62,291) | Not measurably different |
| Greenville | 7.3 mi | $318,900 (±$23,564) | Higher |
| Greenville Township | 7.5 mi | $321,400 (±$17,449) | Higher |
| Pierce Township | 7.8 mi | $166,600 (±$22,760) | Not measurably different |
| Jackson Township (Harrison County) | 8.0 mi | $228,700 (±$18,094) | Higher |
Nearby places with a measurably higher figure: Morgan Township (Harrison County), IN ($214,500), Greenville, IN ($318,900), Greenville Township, IN ($321,400).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Harrison County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 7 | Taylor Township (Harrison County) | $219,900 (±$88,280) |
| 8 | Posey Township (Harrison County) | $216,000 (±$21,547) |
| 9 | Morgan Township (Harrison County) | $214,500 (±$37,093) |
| 10 | Heth Township | $172,000 (±$23,305) |
| 11 | Boone Township (Harrison County) | $171,300 (±$57,807) |
| 12 | Crandall | $168,800 (±$45,585) |
| 13 | Palmyra | $163,800 (±$26,574) |
| 14 | Elizabeth | $155,200 (±$21,927) |
| 15 | Blue River Township (Harrison County) | $151,800 (±$22,600) |
| 16 | Washington Township (Harrison County) | $150,500 (±$44,361) |
| 17 | Corydon | $144,600 (±$72,369) |
| 18 | New Middletown | $110,000 (±$93,232) |
| 19 | New Amsterdam | $95,200 (±$1,373) |
Showing 13 of 20 places in Harrison County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Palmyra
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Palmyra beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Palmyra, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Palmyra, and send estimates and invoices from your phone.
Questions about Palmyra
What is the average home value in Palmyra, IN?
The Census Bureau publishes the median: $163,800 (±$26,574) for owner-occupied homes in Palmyra (2020–2024 American Community Survey).
Have home values in Palmyra gone up?
In Palmyra, the median home value went from $114,500 in 2015–2019 to $163,800 in 2020–2024 (+43.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Palmyra sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Palmyra town, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Palmyra town, Indiana
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Palmyra town, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Palmyra town, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Palmyra town, Indiana (place:57726, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Palmyra at a glance
- Median rent in Palmyra
- Rent burden in Palmyra
- Renters and owners in Palmyra
- Income and affordability in Palmyra
- Homeowner costs in Palmyra
- Property taxes in Palmyra
- Types of homes in Palmyra
- Bedrooms in Palmyra
- Age of homes in Palmyra
- Heating fuel in Palmyra
- Commute and cars in Palmyra
- Population growth in Palmyra
- How long people stay in Palmyra
- Indiana landlord and tenant rules
- Housing across Harrison County
- Indiana places ranked by median home value
- Housing data for every place in Indiana