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Wednesday, January 1, 2025

Palmyra home prices rise in January 2019

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The median sale price of a home sold in January 2019 in Palmyra rose by $10,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In January 2019, there were three homes sold, with a median sale price of $147,000 - a 7.3% increase over the $137,000 median sale price for the same period of the previous year. There were three homes sold in Palmyra in January 2018, as well.

The median sales tax in Palmyra for the most recent year with available data, 2017, was $3,700, approximately 2.5% of the median home sale price for January 2019.

The following table compares Palmyra to other Lee County cities in January 2019:

CityJan. 2019 Home SalesJan. 2018 Home Sales% change (Total Home Sales)Jan. 2019 Median Sales PriceJan. 2018 Median Sales Price% change (Median Sales Price)
Palmyra330%$147,000$137,0007.3%
Amboy12-50%$135,000$866,250-84.4%
Paw Paw10-$89,093$0-
Dixon178112.5%$63,000$113,750-44.6%
Franklin Grove20-$11,500$0-
Ashton02-100%$0$86,500-100%
Lee00-$0$0-
West Brooklyn00-$0$0-
Compton00-$0$0-
Harmon00-$0$0-
Nachusa01-100%$0$63,500-100%
Steward01-100%$0$10,500-100%
Nelson00-$0$0-
Sublette00-$0$0-

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