Home prices
The price of the median home in Palmyra is $175,200. In comparison to its nearby areas it is about $94,260 (34%) lower.It is approximately $42,300 (19%) lower in comparison to the US as a whole, and in comparison to the city of New York is roughly $430,800 (71%) lower.
Rents
In Palmyra the median rent is $1,356 per month. It is about $115 (9%) higher compared to nearby areas.It is about $294 (27%) higher in comparison to the nation as a whole, and is approximately $87 (6%) lower in comparison to the city of New York.
Nearby places
Riverton
Riverton is Palmyra's neighbor to the northeast. Housing prices there are a lot more expensive. Riverton's median home price is $300,500, which works out to $125,300 (41%) higher than Palmyra. Its rents are fairly similar. The median monthly rent in Riverton is $1,379, which is $23 (1%) higher than Palmyra.
Philadelphia
Philadelphia is Palmyra's neighbor to the west. The housing prices there are somewhat less expensive. Philadelphia's median home cost is $163,000, which works out to $12,200 (7%) lower than Palmyra. Its rents are somewhat less expensive. In Philadelphia the median monthly rent is $1,042, which comes out to $314 (30%) lower than Palmyra.
Merchantville
Merchantville is about 3 miles south of Palmyra. The housing prices there are a little more expensive. The median home in Merchantville is valued at $227,900, which is $52,700 (23%) higher than Palmyra. The rent there is a little less expensive. The median rent in Merchantville is $1,064 a month, which works out to $292 (27%) lower than Palmyra.
Moorestown-Lenola
Moorestown-Lenola is about 4 miles southeast of Palmyra. Housing prices there are substantially more expensive. Moorestown-Lenola's median home cost is $414,000, which works out to $238,800 (57%) higher than Palmyra. Rent there is somewhat less expensive. The median monthly rent in Moorestown-Lenola is $1,261, which comes out to $95 (7%) lower than Palmyra.
Cherry Hill Mall
Cherry Hill Mall is about 4 miles south from Palmyra. Real estate prices there are a bit more expensive. The cost of the median home in Cherry Hill Mall is $241,900, which works out to $66,700 (27%) higher than Palmyra. The rent there is a bit more expensive. Cherry Hill Mall's median monthly rent is $1,458, which works out to $102 (6%) higher than Palmyra.
