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Today: September 23, 2025

Current Price

$228,775

1 Month Forecast

$256,095

1-Year Forecast *

$275,561

5-Year Forecast *

$334,948

"Is it a good time to buy homes in Palmyra?" "Does investing in real estate in Palmyra (Maine State, Somerset 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 Maine State, Somerset 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 228,775 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Palmyra" area is 334,948 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +46.41% meaning that investing 100000 USD today may yield a profit of 46,410 USD by 2030.

Current Median Listing Price: 228,775 USD Median Listing Price Per Square Foot: 127 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 (Maine State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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: $275,561* (upside of 20.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $242,604 $254,292 $242,604 $254,292
2024 $222,215 $228,775 $221,680 $228,775
2023 $203,856 $222,902 $203,856 $222,902
2022 $184,915 $202,486 $184,915 $206,588
2021 $162,278 $181,311 $162,278 $181,311
2020 $137,537 $161,637 $137,537 $161,637
2019 $131,963 $135,953 $129,643 $135,953
2018 $121,715 $132,030 $121,715 $132,936
2017 $113,286 $121,364 $113,286 $121,364
2016 $114,784 $112,225 $110,776 $114,843
2015 $113,552 $115,060 $113,220 $115,264
2014 $111,577 $114,138 $111,577 $116,718
2013 $108,287 $110,702 $108,287 $112,322
2012 $109,914 $108,808 $108,808 $110,287

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 $228,775 USD.

What is the average price per square foot in Palmyra?

According to Walletinvestor the median price per square foot in Palmyra is 127 USD.

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

Yes. The Palmyra home prices may rise from 228,775 USD to 275,561 USD in one year.

Is it profitable to invest in Palmyra homes?

Yes. The long-term profit potential is +20.45% 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 334,948 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 439,816 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 13511. largest city in the United States, located in Maine State.

During the last 12 months the real estate prices in Somerset, Palmyra increased, 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 increased by 2.156% to 228,775 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 19.161% in 2020
  • 19.911% in 2021
  • 18.791% in 2022
  • 22.361% in 2023
  • 22.291% in 2024
  • 19.991% in 2025

Based on our Palmyra real estate market research and report the predicted sales prices will increase by 542.846% in the next 10 years.

Over the last 12 months, the value of homes in Palmyra fluctuated: increasing 9 times and decreasing 1 times.

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

Below you will find the price predictions for 2025, 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 256095 236888 275302
September 2025 257911 239342 276481
October 2025 259741 245195 274286
November 2025 260770 236780 284761
December 2025 262264 240496 284032
Palmyra Housing Market Forecast with Real Estate Prices for 2026
January 2026 264124 241410 286839
February 2026 265998 251900 280096
March 2026 267884 252079 283689
April 2026 269784 248201 291367
May 2026 271698 249962 293433
June 2026 273624 246809 300440
July 2026 275561 254068 297055
August 2026 276160 257934 294387
September 2026 278119 251420 304818
October 2026 280091 265807 294376
November 2026 282078 263461 300695
December 2026 284079 264477 303680
Palmyra Housing Market Forecast with Real Estate Prices for 2027
January 2027 286093 264064 308123
February 2027 288122 264208 312037
March 2027 290166 270144 310187
April 2027 292224 273229 311218
May 2027 294035 265807 322262
June 2027 293127 277005 309249
July 2027 292089 276316 307862
August 2027 291055 272137 309974
September 2027 290788 270724 310852
October 2027 291403 270130 312675
November 2027 293374 267851 318898
December 2027 295455 280682 310228
Palmyra Housing Market Forecast with Real Estate Prices for 2028
January 2028 297550 273746 321354
February 2028 299661 276886 322435
March 2028 301786 285490 318082
April 2028 303926 280220 327633
May 2028 306082 278228 333935
June 2028 307795 282248 333341
July 2028 309119 285935 332303
August 2028 310479 294644 326313
September 2028 311868 291285 332452
October 2028 311906 284146 339665
November 2028 310944 294775 327113
December 2028 310196 280727 339665
Palmyra Housing Market Forecast with Real Estate Prices for 2029
January 2029 310732 284320 337145
February 2029 311856 285972 337740
March 2029 312266 288534 335999
April 2029 312510 291572 333449
May 2029 312678 295481 329876
June 2029 313707 290807 336608
July 2029 313368 292059 334677
August 2029 313283 295739 330827
September 2029 315015 297374 332656
October 2029 317249 290283 344215
November 2029 319499 289147 349851
December 2029 321765 296024 347506
Palmyra Housing Market Forecast with Real Estate Prices for 2030
January 2030 324047 295531 352563
February 2030 326300 294649 357952
March 2030 328475 299241 357709
April 2030 329850 306760 352939
May 2030 330247 298543 361950
June 2030 332589 310306 354872
July 2030 334948 313511 356384
August 2030 337323 313711 360936
September 2030 338661 311568 365754
October 2030 340601 311650 369552
November 2030 343017 315918 370115
December 2030 345449 317813 373085
Palmyra Housing Market Forecast with Real Estate Prices for 2031
January 2031 347899 329809 365990
February 2031 350367 316031 384703
March 2031 352852 334856 370847
April 2031 355354 329058 381650
May 2031 357870 328524 387215
June 2031 358648 325293 392002
July 2031 361191 341326 381057
August 2031 363753 344474 383032
September 2031 366333 337759 394907
October 2031 368931 334251 403610
November 2031 371547 340337 402757
December 2031 374183 340506 407859
Palmyra Housing Market Forecast with Real Estate Prices for 2032
January 2032 376836 353473 400200
February 2032 379509 344594 414424
March 2032 381861 344820 418901
April 2032 380682 348324 413040
May 2032 379334 352402 406267
June 2032 377992 356446 399537
July 2032 377644 350076 405212
August 2032 378443 358007 398879
September 2032 381003 354333 407673
October 2032 383705 362601 404809
November 2032 386427 347784 425069
December 2032 389167 354531 423803
Palmyra Housing Market Forecast with Real Estate Prices for 2033
January 2033 391927 353518 430336
February 2033 394707 355236 434178
March 2033 397506 362923 432090
April 2033 399731 368552 430910
May 2033 401451 372546 430355
June 2033 403217 372572 433861
July 2033 405021 372620 437423

> 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.