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Palmyra, NJ

Full City Profile · New Jersey · Philadelphia County County

3.4 /5.0
B Good
7,447 Population 4,025/sq mi density
$85,014 Median Income $44,529 per capita
$216,600 Home Value $304,630 Zillow
$1,680 Median Rent 31.4% income on rent
56°F Avg Temperature 275 sunny days/yr
112 Violent Crime/100K 1,682 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$85,014 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$216,600 home value, $1,680/mo rent
F
Safety
1.0 / 5.0
112 violent crimes/100K
B
Education
3.4 / 5.0
29.7% bachelor's degree or higher

Housing Overview

Median Home Value
$216,600
23% below
US avg: $281,900
Median Rent
$1,680/mo
44% above
US avg: $1,163/mo
Homeownership Rate
69.6%
6% above US avg (65.4%)
Total Housing Units
3,413
Median year built: 1956

Home Value by Source

Census Median
$216,600
Zillow (ZHVI)
$304,630
Median Sale Price
$360,000
Median List Price
$325,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.6%
Owner-Occupied
30.4%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,680/mo · Zillow rent: $1,920/mo

Market Indicators (Redfin)

Median Days on Market
91 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
27.8%
of listings with price reduction
Price Per Sq Ft
$210
Active Inventory
18
homes for sale

Affordability & Housing Stock

Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
69.6%

Complete Housing Data

Home Values

Census Median Value$216,600
Zillow Home Value (ZHVI)$304,630
Median Sale Price$360,000
Median List Price$325,000
Price Per Sq Ft$210

Rent

Census Median Rent$1,680
Zillow Rent (ZORI)$1,920
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market91
Sale-to-List Ratio1.0%
Price Drops27.8%
Homes Sold5
Active Inventory18
Price Per Sq Ft$210

Ownership & Stock

Owner-Occupied69.6%
Renter-Occupied30.4%
Homeownership Rate69.6%
Total Housing Units3,413
Median Year Built1956
Rent Burden31.4%