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PALMYRA, IL 62674

Real Estate Market Report  ·  Macoupin County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
1
⇩ 66.7% vs 3 last year
Pending
0
0% pending ratio
Median Price
$499,900
⇧ 270.3% vs $135,000 last year
Average Price
$499,900
⇧ 270.3% vs $135,000 last year
Days on Market
74
⇩ 34.5% vs 113 days last year

Market Context

Population: 1,398  ·  Density: 7.2/mi²  ·  Median household income: $41,042

Typical home value: $100,095  ·  Homeownership: 77.2%

Market Analysis

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

The PALMYRA, IL real estate market (62674) currently shows 1 active listings. Homes are averaging 74 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 74 days on market compared to 113 days last year.

The median listing price has risen 270.3% year-over-year, from $135,000 to $499,900.

Whether you are buying or selling in PALMYRA, IL, 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
  • Listings: 1 this year vs 3 last year
  • Days on market: 74 now vs 113 last year

Median & Average Pricing

Year over Year
  • Median: $499,900 (+270.3% YoY)
  • Average: $499,900 (+270.3% 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 23.4 miles — 56 listings ($7,715,623 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62674Palmyra, IL 626740.0 mi1$499,900$499,900$499,900
62649Hettick, IL 626495.2 mi2$303,000$151,500$151,500
62692Waverly, IL 6269211.3 mi4$245,288$69,900$61,322
62638Franklin, IL 6263812.2 mi1$149,900$149,900$149,900
62668Murrayville, IL 6266814.7 mi2$400,000$200,000$200,000
62082Roodhouse, IL 6208216.1 mi8$861,904$100,000$107,738
62063Medora, IL 6206317.5 mi2$625,000$312,500$312,500
62661Loami, IL 6266118.8 mi2$299,800$149,900$149,900
62092White Hall, IL 6209220.5 mi11$1,303,027$89,900$118,457
62530Divernon, IL 6253021.7 mi6$914,700$152,450$152,450
62670New Berlin, IL 6267022.5 mi3$279,600$93,200$93,200
62033Gillespie, IL 6203322.9 mi13$1,800,604$97,000$138,508
62054Kane, IL 6205423.4 mi1$32,900$32,900$32,900

Frequently Asked Questions

How many homes are for sale in PALMYRA, IL 62674?

As of January 2026, there are 1 active listings in PALMYRA, IL (zip code 62674), compared to 3 the prior year.

What is the median home price in PALMYRA, IL 62674?

The median listing price in PALMYRA, IL 62674 is $499,900 as of January 2026, a 270.3% increase from $135,000 the prior year.

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

Homes in PALMYRA, IL 62674 spend an average of 74 days on the market before going under contract, compared to 113 days the prior year.

Is it a seller's or buyer's market in PALMYRA, IL 62674?

Based on current inventory and days-on-market data as of January 2026, PALMYRA, IL 62674 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 74 days on market compared to 113 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PALMYRA, IL 62674 save an estimated $9,998 compared to a typical 5% commission on the median listing price of $499,900. 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.