Palmyra, MO
Full City Profile · Missouri
3.7
/5.0
B+
Good
3,620
Population
1,168/sq mi density
$69,211
Median Income
$31,995 per capita
$165,000
Home Value
$232,720 Zillow
$852
Median Rent
20.6% income on rent
53°F
Avg Temperature
265 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$69,211 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$165,000 home value, $852/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.2 / 5.0
27.9% bachelor's degree or higher
Housing Overview
Median Home Value
$165,000
41% below
US avg: $281,900
Median Rent
$852/mo
27% below
US avg: $1,163/mo
Homeownership Rate
72.4%
11% above US avg (65.4%)
Total Housing Units
1,666
Median year built: 1966
Home Value by Source
Census Median
$165,000
Zillow (ZHVI)
$232,720
Median Sale Price
$142,500
Median List Price
$289,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.4%
Owner-Occupied
27.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$732/mo
1 Bedroom
$775/mo
2 Bedroom
$970/mo
3 Bedroom
$1,265/mo
4 Bedroom
$1,457/mo
Census median rent:
$852/mo
Market Indicators (Redfin)
Median Days on Market
253 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$118
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
20.6%
of renters spending 30%+ of income on housing
34% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
72.4%
Complete Housing Data
Home Values
| Census Median Value | $165,000 |
| Zillow Home Value (ZHVI) | $232,720 |
| Median Sale Price | $142,500 |
| Median List Price | $289,000 |
| Price Per Sq Ft | $118 |
Rent
| Census Median Rent | $852 |
| FMR Studio | $732 |
| FMR 1-Bedroom | $775 |
| FMR 2-Bedroom | $970 |
| FMR 3-Bedroom | $1,265 |
| FMR 4-Bedroom | $1,457 |
Market
| Days on Market | 253 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 25.0% |
| Homes Sold | 2 |
| Active Inventory | 12 |
| Price Per Sq Ft | $118 |
Ownership & Stock
| Owner-Occupied | 72.4% |
| Renter-Occupied | 27.6% |
| Homeownership Rate | 72.4% |
| Total Housing Units | 1,666 |
| Median Year Built | 1966 |
| Rent Burden | 20.6% |
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