From January through March of 2018, there were six homes sold, with a median sale price of $186,750 - a 32% increase over the $141,500 median sale price for the same period of the previous year. There were four homes sold in Palmyra in the first quarter of 2017.
The median sales tax in Palmyra for the most recent year with available data, 2017, was $3,699.80, approximately 2% of the median home sale price for the first quarter of 2018.
The following table compares Palmyra to other Lee County cities in the first quarter of 2018:
| City | Jan. - Mar. 2018 Home Sales | Jan. - Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2018 Median Sales Price | Jan. - Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lee | 1 | 1 | 0% | $319,000 | $58,000 | 450% |
| Amboy | 4 | 7 | -42.9% | $194,750 | $55,000 | 254.1% |
| Palmyra | 6 | 4 | 50% | $186,750 | $141,500 | 32% |
| Dixon | 36 | 46 | -21.7% | $74,300 | $76,500 | -2.9% |
| Paw Paw | 1 | 4 | -75% | $68,000 | $56,612 | 20.1% |
| Nachusa | 1 | 1 | 0% | $63,500 | $327,000 | -80.6% |
| Sublette | 2 | 1 | 100% | $58,125 | $33,000 | 76.1% |
| Ashton | 6 | 4 | 50% | $56,500 | $70,000 | -19.3% |
| Steward | 1 | 2 | -50% | $10,500 | $151,200 | -93.1% |
| Compton | 0 | 0 | - | $0 | $0 | - |
| Harmon | 0 | 1 | -100% | $0 | $400,000 | -100% |
| Nelson | 0 | 0 | - | $0 | $0 | - |
| Franklin Grove | 0 | 1 | -100% | $0 | $66,000 | -100% |
| West Brooklyn | 0 | 2 | -100% | $0 | $27,125 | -100% |
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