Home prices
The median home in Palmyra costs $156,000. Compared to its nearby areas this is about $71,060 (31%) lower.In comparison to the entire nation it is approximately $61,500 (28%) lower, and it is approximately $102,000 (39%) lower compared to the city of Chicago.
Rents
In Palmyra the median monthly rent is $725. Compared to nearby areas this is about $292 (28%) lower.It is about $337 (31%) lower compared to the entire country, and in comparison to the city of Chicago is about $387 (34%) lower.
Nearby places
Eagle
Eagle is approximately 5 miles east of Palmyra. Its housing prices are somewhat more expensive. The median home price in Eagle is $221,600, which is $65,600 (29%) higher than Palmyra. Rent there is somewhat more expensive. In Eagle the median monthly rent is $925, which comes out to $200 (21%) higher than Palmyra.
Whitewater
Whitewater is approximately 6 miles southwest of Palmyra. Its housing prices are a little more expensive. Whitewater's median home value is $168,700, which comes out to $12,700 (7%) higher than Palmyra. Its rents are somewhat more expensive. The median rent in Whitewater is $774 a month, which comes out to $49 (6%) higher than Palmyra.
Rome
Rome is about 6 miles north from Palmyra. Its housing prices are somewhat more expensive. Rome's median home value is $195,500, which works out to $39,500 (20%) higher than Palmyra. The rent there is a bit more expensive. The median rent in Rome is $950 per month, which works out to $225 (23%) higher than Palmyra.
Lauderdale Lakes
Lauderdale Lakes is roughly 7 miles south from Palmyra. Real estate prices there are substantially more expensive. The median home price in Lauderdale Lakes is $366,200, which is $210,200 (57%) higher than Palmyra. The rent there is significantly more expensive. Lauderdale Lakes's median monthly rent is $1,577, which comes out to $852 (54%) higher than Palmyra.
Sullivan
Sullivan is about 8 miles north of Palmyra. The real estate prices there are a little more expensive. The value of the median home in Sullivan is $183,300, which comes out to $27,300 (14%) higher than Palmyra. Rent there is a bit more expensive. The median monthly rent in Sullivan is $857, which comes out to $132 (15%) higher than Palmyra.
