Current Price

$120,354

1 Month Forecast

â–² $137,882

1-Year Forecast *

â–² $137,716

5-Year Forecast *

â–² $127,522

"Is it a good time to buy homes in Palmyra?" "Does investing in real estate in Palmyra (Illinois State, Macoupin County) worth it?" According to our live Forecast System, buying a house in Palmyra is a good short-term (1-year) investment*. The Palmyra average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Palmyra" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Palmyra in Illinois State, Macoupin County. If you are looking for homes for sale with good flipping profit, Palmyra can be a profitable property investment option. The median price of an average house in Palmyra was 120,354 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Palmyra" area is 127,522 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +5.95% meaning that investing 100000 USD today may yield a profit of 5,955 USD by 2031.

Current Median Listing Price: 120,354 USD Median Listing Price Per Square Foot: 67 USD

Palmyra Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Palmyra (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Palmyra Price Target

Palmyra median home price target in 12 months: $137,716* (upside of 14.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $145,154 $138,780 $138,780 $145,920
2024 $120,162 $120,354 $115,853 $121,093
2023 $117,392 $119,918 $117,392 $119,918
2022 $114,178 $116,038 $114,178 $119,306
2021 $118,193 $112,018 $110,227 $119,503
2020 $105,565 $118,757 $105,565 $119,267
2019 $81,345 $103,848 $81,345 $103,848
2018 $92,604 $81,627 $81,627 $92,604
2017 $89,887 $93,586 $89,887 $94,153
2016 $91,490 $90,273 $90,273 $96,013
2015 $101,802 $91,737 $91,737 $102,593
2014 $0 $101,093 $0 $101,764
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Palmyra Housing Market Forecast

How much does an average home cost in Palmyra today?

The value of an average home (the listing price) in Palmyra is $120,354 USD.

What is the average price per square foot in Palmyra?

According to Walletinvestor the median price per square foot in Palmyra is 67 USD.

Will the median listing price of homes in Palmyra grow / rise / go up?

Yes. The Palmyra home prices may rise from 120,354 USD to 137,716 USD in one year.

Is it profitable to invest in Palmyra homes?

Yes. The long-term profit potential is +14.43% in one year.

Will Palmyra house prices fall / drop?

No. See above.

What is the predicted price of a Palmyra home in 2030?

The predicted home sales price of a Palmyra home in 2030 in Palmyra is 141,945 USD.

What is the predicted price of a Palmyra home in 2035?

The predicted home sales price of a Palmyra home in 2035 in Palmyra is 127,830 USD.

Will real estate prices decrease in Palmyra?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Palmyra is the 15973. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Macoupin, Palmyra decreased, looking at the past 12 months.

According to Walletinvestor's Palmyra real estate market research, home values will increase in the next 12 months.

Median home values decreased by 17.074% to 120,354 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 14.765% in 2021
  • 12.905% in 2022
  • 14.565% in 2023
  • 14.445% in 2024
  • 14.145% in 2025
  • 13.215% in 2026

Based on our Palmyra real estate market research and report the predicted sales prices will increase by 284.779% in the next 10 years.

Over the last 12 months, the value of homes in Palmyra fluctuated: decreasing 4 times.

Palmyra (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Palmyra Housing Market Forecast with Real Estate Prices for 2025
August 2025 137882 127265 148499
September 2025 136538 127253 145822
October 2025 135082 127652 142511
November 2025 133349 124282 142417
December 2025 131437 118556 144317
Palmyra Housing Market Forecast with Real Estate Prices for 2026
January 2026 129552 121778 137325
February 2026 129344 118479 140209
March 2026 130246 123473 137018
April 2026 131445 120798 142092
May 2026 133503 122288 144717
June 2026 135593 124339 146847
July 2026 137716 128764 146667
August 2026 138226 129656 146796
September 2026 138014 127249 148779
October 2026 137588 124517 150659
November 2026 136462 126500 146423
December 2026 134692 123648 145737
Palmyra Housing Market Forecast with Real Estate Prices for 2027
January 2027 133298 122901 143695
February 2027 133330 121464 145197
March 2027 133794 126703 140886
April 2027 134440 127180 141700
May 2027 136009 127032 144985
June 2027 137185 124701 149668
July 2027 137910 130050 145771
August 2027 137541 129013 146068
September 2027 137814 126927 148701
October 2027 137836 128877 146795
November 2027 137599 126866 148332
December 2027 137256 124628 149883
Palmyra Housing Market Forecast with Real Estate Prices for 2028
January 2028 137399 127643 147154
February 2028 137673 129963 145382
March 2028 138428 125416 151441
April 2028 138935 130321 147549
May 2028 139218 127385 151052
June 2028 139346 127920 150773
July 2028 139718 128820 150616
August 2028 140296 129213 151380
September 2028 139424 129386 149463
October 2028 137718 125048 150388
November 2028 135742 123118 148367
December 2028 134722 124483 144960
Palmyra Housing Market Forecast with Real Estate Prices for 2029
January 2029 134547 122169 146926
February 2029 135824 125637 146011
March 2029 137648 127737 147558
April 2029 139775 126077 153473
May 2029 141963 128335 155592
June 2029 142712 133436 151988
July 2029 141945 132009 151881
August 2029 139909 127177 152641
September 2029 137902 130456 145349
October 2029 136582 125655 147508
November 2029 135878 128133 143623
December 2029 134998 123118 146878
Palmyra Housing Market Forecast with Real Estate Prices for 2030
January 2030 133682 121383 145981
February 2030 132257 123924 140589
March 2030 130560 119854 141266
April 2030 128688 120452 136924
May 2030 126842 118597 135087
June 2030 126639 114735 138543
July 2030 127522 119105 135938
August 2030 128696 117242 140150
September 2030 130711 118293 143128
October 2030 132757 123597 141917
November 2030 134835 124318 145353
December 2030 135335 122613 148056
Palmyra Housing Market Forecast with Real Estate Prices for 2031
January 2031 135127 127831 142424
February 2031 134711 126897 142524
March 2031 133608 122117 145098
April 2031 131875 121193 142557
May 2031 130510 118242 142778
June 2031 130542 119315 141768
July 2031 130996 122743 139249
August 2031 131628 122546 140711
September 2031 133164 125574 140754
October 2031 134315 124242 144389
November 2031 135026 123684 146368
December 2031 134664 123756 145572
Palmyra Housing Market Forecast with Real Estate Prices for 2032
January 2032 134932 124272 145591
February 2032 134953 127666 142241
March 2032 134721 124078 145364
April 2032 134385 122828 145942
May 2032 134525 124705 144345
June 2032 134793 123875 145712
July 2032 135533 124691 146376

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.