In May 2019, there were three homes sold, with a median sale price of $165,000 - a 40% decrease over the $275,000 median sale price for the same period of the previous year. There were six homes sold in Palmyra in May 2018.
The median sales tax in Palmyra for the most recent year with available data, 2017, was $3,700, approximately 2.2% of the median home sale price for May 2019.
The following table compares Palmyra to other Lee County cities in May 2019:
| City | May 2019 Home Sales | May 2018 Home Sales | % change (Total Home Sales) | May 2019 Median Sales Price | May 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Paw Paw | 2 | 2 | 0% | $202,500 | $93,500 | 116.6% |
| Palmyra | 3 | 6 | -50% | $165,000 | $275,000 | -40% |
| Compton | 2 | 0 | - | $145,000 | $0 | - |
| Steward | 1 | 2 | -50% | $125,000 | $198,500 | -37% |
| Dixon | 16 | 27 | -40.7% | $89,750 | $64,000 | 40.2% |
| Amboy | 3 | 2 | 50% | $88,000 | $112,450 | -21.7% |
| Franklin Grove | 4 | 1 | 300% | $76,500 | $65,000 | 17.7% |
| Nelson | 0 | 1 | -100% | $0 | $33,000 | -100% |
| Sublette | 0 | 0 | - | $0 | $0 | - |
| Ashton | 0 | 2 | -100% | $0 | $117,000 | -100% |
| Lee | 0 | 0 | - | $0 | $0 | - |
| West Brooklyn | 0 | 1 | -100% | $0 | $255,000 | -100% |
| Harmon | 0 | 0 | - | $0 | $0 | - |
| Nachusa | 0 | 0 | - | $0 | $0 | - |
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