Palmyra, MO Real Estate
According to census data in the year 2000 there were 1,523 housing units in Palmyra.
This represents a 4% growth from 1,465 in 1990.
Of those housing units, 1,479 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.
Homeownership rate in Palmyra is about 70.3%.
Palmyra's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Palmyra were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 11% |
| Two Bedrooms | 35.30% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $72,300 |
| Median Price asked for vacant units | $104,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $233 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 43.30% |
| Debt Free | 49.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.4% |
