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PALMYRA, MI 49268

Real Estate Market Report  ·  Lenawee County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
vs 2 last year
Pending
1
50% pending ratio
Median Price
$185,000
⇧ 12.2% vs $164,900 last year
Average Price
$185,000
⇧ 12.2% vs $164,900 last year
Days on Market
34
⇧ 78.9% vs 19 days last year

Market Context

Population: 1,179  ·  Density: 19.9/mi²  ·  Median household income: $78,750

Typical home value: $141,803  ·  Homeownership: 88.8%

Market Analysis

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

The PALMYRA, MI real estate market (49268) currently shows 2 active listings, with 1 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 34 days on market compared to 19 days last year.

The median listing price has risen 12.2% year-over-year, from $164,900 to $185,000.

Whether you are buying or selling in PALMYRA, MI, 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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 34 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $185,000 (+12.2% YoY)
  • Average: $185,000 (+12.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.3 miles — 346 listings ($114,936,419 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49268Palmyra, MI 492680.0 mi2$370,000$185,000$185,000
49221Adrian, MI 492217.4 mi106$27,002,016$253,400$254,736
49276Riga, MI 492768.9 mi1$239,000$239,000$239,000
49286Tecumseh, MI 492869.9 mi37$10,546,258$277,450$285,034
49289Weston, MI 4928911.6 mi1$149,900$149,900$149,900
49270Petersburg, MI 4927012.5 mi11$3,696,737$270,000$336,067
49267Ottawa Lake, MI 4926713.0 mi11$4,756,037$349,900$432,367
49236Clinton, MI 4923614.3 mi11$2,536,787$229,900$230,617
43533Lyons, OH 4353314.7 mi1$294,500$294,500$294,500
43560Sylvania, OH 4356015.3 mi83$33,832,294$389,900$407,618
48144Lambertville, MI 4814417.4 mi22$8,760,026$350,000$398,183
43617Toledo, OH 4361717.6 mi16$9,809,824$599,000$613,114
43623Toledo, OH 4362318.3 mi44$12,943,040$219,700$294,160

Frequently Asked Questions

How many homes are for sale in PALMYRA, MI 49268?

As of January 2026, there are 2 active listings in PALMYRA, MI (zip code 49268), compared to 2 the prior year.

What is the median home price in PALMYRA, MI 49268?

The median listing price in PALMYRA, MI 49268 is $185,000 as of January 2026, a 12.2% increase from $164,900 the prior year.

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

Homes in PALMYRA, MI 49268 spend an average of 34 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in PALMYRA, MI 49268?

Based on current inventory and days-on-market data as of January 2026, PALMYRA, MI 49268 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 34 days on market compared to 19 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PALMYRA, MI 49268 save an estimated $3,700 compared to a typical 5% commission on the median listing price of $185,000. 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.