Neighborhood
Palmyra TownshipPalmyra Twp, Michigan
Palmyra Township is a township in Lenawee County, Michigan. The housing stock consists primarily of single-family properties built between 1830 and 2017. The average home is 1,647 square feet with 3 bedrooms. Recent sales in Palmyra Township range from $92,000 to $375,000, with a median sale price of $189,500. That works out to a median of $116 per square foot. The Palmyra Township real estate market currently has 4 active listings and 2 pending, with asking prices from $184,900 to $379,000. At the current pace of 13 sales per year, Palmyra Township's 6 active listings represent 3.7 months of supply, indicating a balanced market. Homes sell in an average of 48 days on market. Sellers in Palmyra Township benefit from 13 comparable sales over the past 12 months for accurate pricing.
Residential Overview
4Active Listings
$189,500Median Sale Price (past 12mo)
48daysAvg Days on Market
$116Price per Sqft
13Sold (past 12mo)
3.7moBalanced Market
1949Avg Year Built
1,647 sqftAvg Size
3.4Avg Beds
1.6Avg Baths
3.5 acAvg Lot
Homes for Sale(4)
Under Contract
1/77
$379,000
7170 Pope Road, Palmyra, MI 49268
4 bd1 ba1,982 sqft5.67 ac
FHA
Single Family
For Sale
1/30
$327,500
3822 Sharp Rd Road, Adrian, MI 49221
6 bd3 ba1 ac
Single Family
Under Contract
1/44
$249,900
5137 Cook Road, Palmyra, MI 49268
2 bd2 ba1.06 ac
FHA
Mfg Home
Under Contract
1/36
$184,900
4281 Sycamore Street, Palmyra, MI 49268
3 bd1 ba0.36 ac
FHA
Single Family
Commercial(4)
Land(1)
Market Analytics
Recently Sold Residential (45)
Property Records
Per FEMA, the Palmyra Township area falls within Zone X — minimal flood hazard — where flood insurance is not mandatory. Flood zone boundaries are subject to change by FEMA map revision. Verify current status at FEMA Map Service Center before making purchasing decisions. Homeowners in Palmyra Township pay a median of $2,279 per year in property taxes (2023). The median assessed value is $80,884.
Source: FEMA National Flood Hazard Layer · Source: Palmyra Twp tax records
Frequently Asked Questions about Palmyra Township
What is the median home price in Palmyra Township?
Based on 13 sales in the past year, homes in Palmyra Township have a median sale price of $189,500. Sale prices have ranged from $92,000 to $375,000. That works out to roughly $116 per square foot.
Are there homes available in Palmyra Township right now?
Palmyra Township currently has 4 homes listed for sale. Asking prices range from $184,900 to $379,000. 2 additional listings are pending or under contract.
What is the housing stock like in Palmyra Township?
Palmyra Township consists primarily of single family residence properties built between 1830 and 2017. The average home size is 1,647 square feet. Homes typically have 3 bedrooms.
How fast do homes sell in Palmyra Township?
Over the past year, 13 homes sold in Palmyra Township with an average of 48 days on market.
Is Palmyra Township a buyer's or seller's market?
Palmyra Township is currently a balanced market, with 3.7 months of supply. That ratio comes from 4 active listings relative to a pace of 13 sales per year.
What is the typical lot size in Palmyra Township?
Properties in Palmyra Township average 3.5 acres of land.
Get alerts when homes come up in Palmyra Township.
New listings the morning they hit, plus a monthly market report.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.