House Prices

House Prices & Home Values Palmyra, IL 2026


Average Data

average house price$139,050
average size per house2045 ft²
average price per ft²69 $ / ft²

04/18/2026 - The value range (VR) for house prices in Palmyra, IL is $78/ sqft to $78/ sqft. An average home with 2045 sqft costs approximately $159,510 to $159,510. Palmyra, IL includes 1 ZIP codes and it is located in Macoupin county. The lowest prices are found in ZIP 62674, while the highest are in ZIP 62674. The average price per sqare feet is $69. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Palmyra

6267472 $ / ft²




Historical development of home values in Palmyra

Year Estimated value (USD) Change vs. 2025
2010 $64,577 -53.6%
2011 $62,080 -55.4%
2012 $61,913 -55.5%
2013 $64,227 -53.8%
2014 $67,421 -51.5%
2015 $70,881 -49.0%
2016 $74,580 -46.4%
2017 $78,606 -43.5%
2018 $82,951 -40.3%
2019 $86,798 -37.6%
2020 $91,285 -34.4%
2021 $103,826 -25.3%
2022 $121,038 -13.0%
2023 $127,640 -8.2%
2024 $135,025 -2.9%
2025 $139,050 0.0%

Graph: estimated home values in Palmyra over time (USD)



Example: 100% financing house in Palmyra

Loan amount: $139,050

Interest rate: 6.00%

Fixed monthly payment: $833.68

Breakdown in the 1st month:
Interest portion: $695.25  –  Principal portion: $138.43

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $8,296.55 $1,707.55 $137,342.45
2 $8,191.23 $1,812.87 $135,529.58
3 $8,079.42 $1,924.68 $133,604.90
4 $7,960.71 $2,043.39 $131,561.51
5 $7,834.68 $2,169.42 $129,392.08
6 $7,700.87 $2,303.23 $127,088.85
7 $7,558.81 $2,445.29 $124,643.57
8 $7,407.99 $2,596.11 $122,047.46
9 $7,247.87 $2,756.23 $119,291.23
10 $7,077.87 $2,926.23 $116,365.00
11 $6,897.39 $3,106.71 $113,258.29
12 $6,705.77 $3,298.33 $109,959.96
13 $6,502.34 $3,501.76 $106,458.20
14 $6,286.36 $3,717.74 $102,740.46
15 $6,057.06 $3,947.04 $98,793.42
16 $5,813.61 $4,190.49 $94,602.93
17 $5,555.15 $4,448.95 $90,153.98
18 $5,280.75 $4,723.35 $85,430.63
19 $4,989.42 $5,014.68 $80,415.96
20 $4,680.13 $5,323.97 $75,091.99
21 $4,351.76 $5,652.34 $69,439.65
22 $4,003.14 $6,000.96 $63,438.68
23 $3,633.01 $6,371.09 $57,067.59
24 $3,240.05 $6,764.05 $50,303.54
25 $2,822.86 $7,181.24 $43,122.31
26 $2,379.94 $7,624.16 $35,498.15
27 $1,909.70 $8,094.40 $27,403.74
28 $1,410.45 $8,593.65 $18,810.10
29 $880.42 $9,123.68 $9,686.41
30 $317.69 $9,686.41 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Palmyra, IL


1500 sqft3900 sqft
Ø selling price$125,236$266,409
Ø fast selling$113,851$239,769
Ø high price sale$136,620$293,050

In 2026, houses in Palmyra, IL will be offered at an average price of $69 per square foot. A 1,500 sqft home priced at $125,236 is 21.09% more expensive per square foot than a 3,900 sqft home priced at $266,409. Home prices in Palmyra, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $184,438. Sellers who can wait longer may achieve a higher price of up to $225,424.


Palmyra, IL: Small-Town Living in Macoupin County

Location & Heritage

Palmyra, Illinois is a small, welcoming community in Macoupin County known for its rural charm and friendly pace of life. Visitors and residents appreciate the quiet streets, classic Midwestern landscapes, and easy access to larger hubs like Springfield and St. Louis.
The village?s roots in agriculture shape local traditions, with seasonal events and farm stands that highlight fresh produce and community pride. Strolling through town reveals historic homes and churches that speak to Palmyra?s 19th-century heritage and close-knit culture.

Lifestyle, Amenities & Real Estate

Outdoor enthusiasts find opportunities for fishing, hiking, and birding at nearby parks and scenic country roads, offering plenty of things to do in Palmyra, IL. Small businesses in and around Palmyra, IL provide everyday essentials, comfort food, and services that keep dollars local. Families value the area?s schools and youth programs, along with safe neighborhoods and supportive volunteer organizations. Real estate in Palmyra offers affordable options, from classic farmhouses to modest single-family homes with room to grow. For travelers exploring central Illinois, Palmyra makes a convenient base for day trips to historic sites, wineries, and charming courthouse squares. Whether you?re planning a visit, relocating, or investing, Palmyra, Illinois delivers small-town living, open skies, and genuine hospitality.



FAQ – Home Values in Palmyra

What is the median home value in Palmyra in 2026?

In 2026, the typical home value in Palmyra is about $139,050 for an average home size of 2045 square feet. This corresponds to an average price of roughly $69 per square foot.

What is the average cost per square foot in Palmyra?

In 2026, homes in Palmyra sell for an average of around $69 per square foot, with a typical range between $78 and $78 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Palmyra is about 2045 square feet, with an estimated 2026 value around $139,050.



Locations close to Palmyra, IL

Petersburg, IL93 $ / ft²
Pleasant Plains, IL72 $ / ft²
Rushville, IL111 $ / ft²
Oakford, IL83 $ / ft²
Nilwood, IL45 $ / ft²
New Holland, IL91 $ / ft²
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