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Palmyra, NY Real Estate


According to census data in the year 2000 there were 1,586 housing units in Palmyra. This represents a 2.3% growth from 1,550 in 1990.

Of those housing units, 1,586 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Palmyra is about 54.7%. Palmyra's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Palmyra were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom21.20%
Two Bedrooms27%
Three Bedrooms31.60%
Four Bedrooms14.70%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1939
Median Value of occupied units$78,400
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1939
Median Monthly Rent asked for vacant units$387

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.30%
Home Equity Loan10.30%
Simple Mortgage58.60%
Debt Free25.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.6%