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Palmyra, PA Real Estate


According to census data in the year 2000 there were 3,363 housing units in Palmyra. This represents a 7.8% growth from 3,120 in 1990.

Of those housing units, 3,363 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 57.7%. Palmyra's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Palmyra were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom17.40%
Two Bedrooms27%
Three Bedrooms44.30%
Four Bedrooms8.70%
Five Bedrooms or more1.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.49
Median year structure was built1955
Median Value of occupied units$94,400
Median Price asked for vacant units$77,100

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1948
Median Monthly Rent asked for vacant units$381

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.80%
Home Equity Loan13.20%
Simple Mortgage41.80%
Debt Free37.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs15.7%