In October 2021, there were four homes sold, with a median sale price of $210,000 - a 41% increase over the $148,919 median sale price for the same period of the previous year. There were two homes sold in Palmyra in October 2020.
The median sales tax in Palmyra for the most recent year with available data, 2019, was $3,933, approximately 1.9% of the median home sale price for October 2021.
The following table compares Palmyra to other Lee County cities in October 2021:
| City | Oct. 2021 Home Sales | Oct. 2020 Home Sales | % change (Total Home Sales) | Oct. 2021 Median Sales Price | Oct. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lee | 1 | 0 | - | $469,000 | $0 | - |
| Palmyra | 4 | 2 | 100% | $210,000 | $148,918.50 | 41% |
| Paw Paw | 5 | 1 | 400% | $144,900 | $127,500 | 13.6% |
| Franklin Grove | 4 | 1 | 300% | $125,900 | $125,200 | 0.6% |
| Amboy | 8 | 4 | 100% | $112,000 | $168,000 | -33.3% |
| Dixon | 28 | 26 | 7.7% | $110,000 | $90,750 | 21.2% |
| Ashton | 3 | 0 | - | $95,000 | $0 | - |
| West Brooklyn | 1 | 0 | - | $46,500 | $0 | - |
| Sublette | 3 | 1 | 200% | $35,500 | $165,500 | -78.5% |
| Compton | 0 | 1 | -100% | $0 | $215,000 | -100% |
| Harmon | 0 | 0 | - | $0 | $0 | - |
| Nachusa | 0 | 0 | - | $0 | $0 | - |
| Steward | 0 | 1 | -100% | $0 | $275,000 | -100% |
| Nelson | 0 | 5 | -100% | $0 | $53,000 | -100% |
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