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Palmyra, WI

Full City Profile · Wisconsin · Walworth County County

3.2 /5.0
B Good
2,042 Population 892/sq mi density
$80,709 Median Income $35,370 per capita
$194,200 Home Value $358,672 Zillow
$765 Median Rent 20.6% income on rent
47°F Avg Temperature 260 sunny days/yr
57 Violent Crime/100K 566 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$80,709 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$194,200 home value, $765/mo rent
F
Safety
1.0 / 5.0
57 violent crimes/100K
C
Education
2.1 / 5.0
14.2% bachelor's degree or higher

Housing Overview

Median Home Value
$194,200
31% below
US avg: $281,900
Median Rent
$765/mo
34% below
US avg: $1,163/mo
Homeownership Rate
66.1%
1% above US avg (65.4%)
Total Housing Units
904
Median year built: 1963

Home Value by Source

Census Median
$194,200
Zillow (ZHVI)
$358,672
Median Sale Price
$205,000
Median List Price
$399,999
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.1%
Owner-Occupied
33.9%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent: $765/mo

Market Indicators (Redfin)

Sale-to-List Ratio
0.5%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$118
Active Inventory
2
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
1963
Average age of housing stock: 63 years
Homeownership Rate
66.1%

Complete Housing Data

Home Values

Census Median Value$194,200
Zillow Home Value (ZHVI)$358,672
Median Sale Price$205,000
Median List Price$399,999
Price Per Sq Ft$118

Rent

Census Median Rent$765
FMR Studio$797
FMR 1-Bedroom$872
FMR 2-Bedroom$1,097
FMR 3-Bedroom$1,405
FMR 4-Bedroom$1,572

Market

Days on Market0
Sale-to-List Ratio0.5%
Price Drops50.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$118

Ownership & Stock

Owner-Occupied66.1%
Renter-Occupied33.9%
Homeownership Rate66.1%
Total Housing Units904
Median Year Built1963
Rent Burden20.6%