Current Price

$183,562

1 Month Forecast

â–² $224,181

1-Year Forecast *

â–² $237,552

5-Year Forecast *

â–² $261,358

"Is it a good time to buy homes in Palmyra?" "Does investing in real estate in Palmyra (Michigan State, Lenawee County) worth it?" According to our live Forecast System, buying a house in Palmyra is a very 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 Michigan State, Lenawee 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 183,562 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 261,358 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +42.38% meaning that investing 100000 USD today may yield a profit of 42,382 USD by 2031.

Current Median Listing Price: 183,562 USD Median Listing Price Per Square Foot: 102 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 (Michigan 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: $237,552* (upside of 29.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $221,268 $220,646 $220,069 $221,864
2024 $177,961 $183,562 $177,961 $186,169
2023 $171,856 $177,689 $168,343 $177,689
2022 $164,178 $173,609 $164,178 $179,837
2021 $149,814 $161,754 $149,814 $165,529
2020 $131,323 $146,468 $131,323 $146,468
2019 $121,248 $130,142 $121,248 $130,142
2018 $114,744 $120,834 $114,744 $121,064
2017 $106,463 $113,510 $106,463 $113,510
2016 $103,737 $106,064 $103,737 $108,394
2015 $96,297 $102,381 $93,931 $102,381
2014 $94,474 $97,498 $94,474 $98,889
2013 $81,906 $94,757 $81,484 $94,757
2012 $75,136 $82,120 $74,942 $82,120

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 $183,562 USD.

What is the average price per square foot in Palmyra?

According to Walletinvestor the median price per square foot in Palmyra is 102 USD.

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

Yes. The Palmyra home prices may rise from 183,562 USD to 237,552 USD in one year.

Is it profitable to invest in Palmyra homes?

Yes. The long-term profit potential is +29.41% 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 255,595 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 309,401 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 18690. largest city in the United States, located in Michigan State.

During the last 12 months the real estate prices in Lenawee, 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 17.066% to 183,562 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 29.732% in 2021
  • 27.712% in 2022
  • 27.922% in 2023
  • 30.502% in 2024
  • 28.442% in 2025
  • 28.442% in 2026

Based on our Palmyra real estate market research and report the predicted sales prices will increase by 1,217.522% in the next 10 years.

Over the last 12 months, the value of homes in Palmyra fluctuated: increasing 1 times and decreasing 3 times.

Palmyra (Michigan) 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 224181 204901 243461
September 2025 227697 216312 239082
October 2025 230779 212779 248780
November 2025 232013 211828 252198
December 2025 231377 217957 244797
Palmyra Housing Market Forecast with Real Estate Prices for 2026
January 2026 228931 214279 243582
February 2026 226936 213320 240553
March 2026 226325 206182 246468
April 2026 226722 205410 248033
May 2026 230120 208028 252211
June 2026 233806 219076 248536
July 2026 237552 222586 252517
August 2026 241357 221324 261390
September 2026 243785 219894 267676
October 2026 245739 222148 269330
November 2026 246388 223474 269302
December 2026 245306 222493 268120
Palmyra Housing Market Forecast with Real Estate Prices for 2027
January 2027 242383 218872 265894
February 2027 240426 218067 262786
March 2027 238997 220595 257400
April 2027 237855 225486 250223
May 2027 235453 220384 250522
June 2027 232868 214239 251498
July 2027 231182 215231 247134
August 2027 230640 217724 243555
September 2027 231443 211076 251810
October 2027 232687 214305 251069
November 2027 234529 222568 246490
December 2027 236958 222977 250938
Palmyra Housing Market Forecast with Real Estate Prices for 2028
January 2028 239356 215899 262812
February 2028 241507 222911 260103
March 2028 242551 225087 260014
April 2028 243444 222265 264624
May 2028 243816 224555 263078
June 2028 245368 233099 257636
July 2028 248071 227481 268661
August 2028 251528 231154 271902
September 2028 253837 236322 271352
October 2028 255062 241288 268835
November 2028 254863 230651 279074
December 2028 253836 231498 276174
Palmyra Housing Market Forecast with Real Estate Prices for 2029
January 2029 251975 239124 264825
February 2029 250741 235697 265786
March 2029 250267 234000 266534
April 2029 251490 235143 267837
May 2029 255519 231500 279538
June 2029 256207 234429 277985
July 2029 255595 240004 271186
August 2029 254963 229467 280460
September 2029 254573 229880 279267
October 2029 254134 231516 276752
November 2029 254801 235181 274421
December 2029 258883 238431 279334
Palmyra Housing Market Forecast with Real Estate Prices for 2030
January 2030 262943 244800 281086
February 2030 266502 245182 287823
March 2030 267927 254531 281324
April 2030 267193 240474 293912
May 2030 264367 238724 290011
June 2030 262065 243720 280409
July 2030 261358 236007 286710
August 2030 261816 235897 287736
September 2030 265741 246076 285406
October 2030 269998 252988 287008
November 2030 274323 248262 300384
December 2030 278717 258371 299064
Palmyra Housing Market Forecast with Real Estate Prices for 2031
January 2031 281521 267445 295597
February 2031 283778 260224 307332
March 2031 284527 260057 308996
April 2031 283278 267981 298575
May 2031 279902 252752 307053
June 2031 277643 263205 292080
July 2031 275993 250325 301660
August 2031 274673 256270 293076
September 2031 271900 252323 291476
October 2031 268915 242292 295537
November 2031 266968 248280 285655
December 2031 266341 240772 291910
Palmyra Housing Market Forecast with Real Estate Prices for 2032
January 2032 267269 244551 289987
February 2032 268705 255001 282409
March 2032 270833 244291 297374
April 2032 273637 255030 292245
May 2032 276406 250424 302388
June 2032 278891 259090 298692
July 2032 280096 264130 296061

> 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.