Palmyra, MO Real Estate

According to census data in the year 2000 there were 1,523 housing units in Palmyra. This represents a 4% growth from 1,465 in 1990.

Of those housing units, 1,479 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.

Homeownership rate in Palmyra is about 70.3%. Palmyra's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Palmyra were built after 1959.


Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom11%
Two Bedrooms35.30%
Three Bedrooms41.70%
Four Bedrooms10.30%
Five Bedrooms or more1%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1958
Median Value of occupied units$72,300
Median Price asked for vacant units$104,500

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1960
Median Monthly Rent asked for vacant units$233

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage1.30%
Home Equity Loan4.60%
Simple Mortgage43.30%
Debt Free49.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.4%