Call or Text (240) SELL-123

PALMYRA, TN 37142

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PALMYRA, TN real estate market (37142) currently shows 18 active listings, with 3 pending sales. Homes are averaging 87 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 87 days on market compared to 41 days last year.

The median listing price has risen 19% year-over-year, from $472,450 to $562,425.

Whether you are buying or selling in PALMYRA, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for PALMYRA, TN 37142 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 1,516  ·  Density: 15.7/mi²  ·  Median household income: $40,357

Typical home value: $180,985  ·  Homeownership: 88.2%

Market Overview

Active Listings
18
⇧ 157.1% vs 7 last year
Pending
3
17% pending ratio
Median Price
$562,425
⇧ 19% vs $472,450 last year
Average Price
$1,083,482
⇧ 111.2% vs $512,950 last year
Days on Market
87
⇧ 112.2% vs 41 days last year

Price Per Square Foot

Median $/sqft
$223
vs $223/sqft last year
Median Home Size
2,242 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 7 last year
  • Days on market: 87 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $562,425 (+19% YoY)
  • Average: $1,083,482 (+111.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.1 miles — 966 listings ($368,576,053 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37142Palmyra, TN 371420.0 mi16$19,102,816$694,000$1,193,926
37191Woodlawn, TN 371916.7 mi20$9,557,080$447,975$477,854
37051Cumberland Furnace, TN 370518.9 mi26$19,221,514$578,675$739,289
37171Southside, TN 3717111.5 mi11$5,570,070$502,125$506,370
37042Clarksville, TN 3704211.9 mi651$218,687,175$320,000$335,925
37061Erin, TN 3706112.5 mi37$13,069,288$292,975$353,224
37178Tennessee Ridge, TN 3717817.1 mi8$2,329,336$312,500$291,167
42262Oak Grove, KY 4226219.0 mi84$20,424,264$241,425$243,146
37035Chapmansboro, TN 3703520.9 mi15$9,731,730$432,150$648,782
37175Stewart, TN 3717522.9 mi9$2,800,008$307,198$311,112
37010Adams, TN 3701024.3 mi27$15,178,860$404,750$562,180
37187White Bluff, TN 3718724.9 mi37$22,703,237$405,450$613,601
37101McEwen, TN 3710125.1 mi25$10,200,675$303,600$408,027

Frequently Asked Questions

How many homes are for sale in PALMYRA, TN 37142?

As of March 2026, there are 18 active listings in PALMYRA, TN (zip code 37142), compared to 7 the prior year.

What is the median home price in PALMYRA, TN 37142?

The median listing price in PALMYRA, TN 37142 is $562,425 as of March 2026, a 19% increase from $472,450 the prior year.

How long do homes stay on the market in PALMYRA, TN?

Homes in PALMYRA, TN 37142 spend an average of 87 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in PALMYRA, TN 37142?

Based on current inventory and days-on-market data as of March 2026, PALMYRA, TN 37142 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 87 days on market compared to 41 days last year.

How much can I save on real estate commission in PALMYRA, TN?

With SELL123.com's maximum 3% commission, sellers in PALMYRA, TN 37142 save an estimated $11,249 compared to a typical 5% commission on the median listing price of $562,425. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.