Is Palmyra, MI 49268 a buyer’s or seller’s market?
Palmyra is a seller’s market. With about 1.1 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply1.1Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100.6%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$176▲ +280.6% vs. last year
Run the numbers for 49268
Nearby markets
Addison 49220Buyer’s market $190 /sq ftAdrian 49221Seller’s market $134 /sq ftBlissfield 49228Seller’s market $179 /sq ftBritton 49229Seller’s market $236 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology