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Palmyra, PA
Full City Profile · Pennsylvania · Lebanon County County
3.3
/5.0
B
Good
7,769
Population
4,046/sq mi density
$71,018
Median Income
$34,743 per capita
$211,900
Home Value
$333,571 Zillow
$1,058
Median Rent
26.3% income on rent
54°F
Avg Temperature
275 sunny days/yr
460
Violent Crime/100K
802 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$71,018 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$211,900 home value, $1,058/mo rent
F
Safety
1.0 / 5.0
460 violent crimes/100K (21% above avg)
B
Education
3.1 / 5.0
25.7% bachelor's degree or higher
Housing Overview
Median Home Value
$211,900
25% below
US avg: $281,900
Median Rent
$1,058/mo
9% below
US avg: $1,163/mo
Homeownership Rate
53.6%
18% below US avg (65.4%)
Total Housing Units
3,109
Median year built: 1956
Home Value by Source
Census Median
$211,900
Zillow (ZHVI)
$333,571
Median Sale Price
$291,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
53.6%
Owner-Occupied
46.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent:
$1,058/mo
· Zillow rent:
$1,400/mo
Market Indicators (Redfin)
Median Days on Market
159 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$194
Active Inventory
10
homes for sale
Affordability & Housing Stock
Rent Burden
26.3%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
53.6%
Complete Housing Data
Home Values
| Census Median Value | $211,900 |
| Zillow Home Value (ZHVI) | $333,571 |
| Median Sale Price | $291,450 |
| Price Per Sq Ft | $194 |
Rent
| Census Median Rent | $1,058 |
| Zillow Rent (ZORI) | $1,400 |
| FMR Studio | $900 |
| FMR 1-Bedroom | $996 |
| FMR 2-Bedroom | $1,225 |
| FMR 3-Bedroom | $1,570 |
| FMR 4-Bedroom | $1,744 |
Market
| Days on Market | 159 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 3 |
| Active Inventory | 10 |
| Price Per Sq Ft | $194 |
Ownership & Stock
| Owner-Occupied | 53.6% |
| Renter-Occupied | 46.4% |
| Homeownership Rate | 53.6% |
| Total Housing Units | 3,109 |
| Median Year Built | 1956 |
| Rent Burden | 26.3% |