From July to September, 5 homes sold in Palmyra for a median price of $269,000. That's 59.8 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Palmyra.
Median property tax for homeowners in Palmyra was $4,215.99 in 2017 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Palmyra real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$222,300
-
2010
5
$250,230
12.6%
2011
4
$44,918
-82%
2012
6
$115,540
157.2%
2013
12
$99,360
-14%
2014
12
$71,815
-27.7%
2015
5
$111,300
55%
2016
12
$112,613
1.2%
2017
17
$168,300
49.5%
2018
5
$269,000
59.8%
Median property tax
Median sale price
Effective property tax rate
2009
$3,071.10
$222,300
1.4%
2010
$4,158.85
$250,230
1.7%
2011
$1,736.23
$44,918
3.9%
2012
$5,155.50
$115,540
4.5%
2013
$3,497.49
$99,360
3.5%
2014
$2,765.63
$71,815
3.9%
2015
$3,858.78
$111,300
3.5%
2016
$3,918.58
$112,613
3.5%
2017
$4,215.98
$168,300
2.5%
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