From October to December, 6 homes sold in Palmyra for a median price of $261,750. That's 34 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, there were no foreclosures in Palmyra.
Median property tax for homeowners in Palmyra was $4,104.12 in 2017 according to tax data from that year. That means homeowners pay 2.1 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
11
$216,450
-
2010
2
$283,290
30.9%
2011
6
$81,925
-71.1%
2012
4
$85,020
3.8%
2013
5
$125,280
47.4%
2014
3
$106,000
-15.4%
2015
8
$78,175
-26.2%
2016
7
$103,950
33%
2017
6
$195,330
87.9%
2018
6
$261,750
34%
Median property tax
Median sale price
Effective property tax rate
2009
$4,162.01
$216,450
1.9%
2010
$6,725.61
$283,290
2.4%
2011
$4,925.57
$81,925
6%
2012
$3,750.31
$85,020
4.4%
2013
$4,212.95
$125,280
3.4%
2014
$3,597.08
$106,000
3.4%
2015
$3,076.78
$78,175
3.9%
2016
$3,923.28
$103,950
3.8%
2017
$4,104.12
$195,330
2.1%
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