Market report, updated

Palmyra Home Values and Market Report

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The TN Home Team brokered by eXp Realty logo
Report prepared by www.tnhomeco.com The TN Home Team brokered by eXp Realty

Market at a glance

Over the last 12 months, homes sold for 98.0% of list price in 85 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $338K Sold · $314K
$590K$450K$310K$170K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 7 sales in Apr. Last month: 7.

Where the market stands

All homes in this report, by status.

76homes
Active26 · 34%
Under contract1 · 1%
Sold (12 mo)49 · 64%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$528K
Under contract$460K
Sold$342K

Average days on market

Active95 days
Under contract32 days
Sold85 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 26
Average list price $528,230
Avg. days on market 95 days
Avg. price per ft² $254 Based on 16 of 26 homes
Avg. living area 2,580 ft² Based on 16 of 26 homes
Avg. beds / baths 3.1 / 3.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

10 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 16 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

10 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

120 Hummingbird Meadows Rd$417
3915 Oak Ridge Rd$416
4368 Old Metal Rd$366
3755 Mcfall Rd$300
3381 Shiloh Canaan Rd$280
4370 Old Metal Rd$277
2687 Palmyra Rd$238

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
3381 Shiloh Canaan RdPalmyra, TN 37142 342,849$800,000$2804 days
4211 Hargrove Marable RdPalmyra, TN 37142 545,548$688,000$12414 days
1230 Rich Ellen DrPalmyra, TN 37142 332,242$460,000$20522 days
2687 Palmyra RdPalmyra, TN 37142 342,307$550,000$23828 days
4350 Hargrove Marable RdPalmyra, TN 37142 442,764$590,000$21332 days
4840 Tarsus RdPalmyra, TN 37142 332,225$460,000$20632 days
4245 Tarsus RdPalmyra, TN 37142 321,645$365,000$22136 days
1 Budds Creek RdPalmyra, TN 37142 ———$112,500—38 days
2 Budds Creek RdPalmyra, TN 37142 ———$112,500—38 days
Cherry LnPalmyra, TN 37142 332,177$485,000$22251 days
The TN Home Team brokered by eXp Realty logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

www.tnhomeco.com The TN Home Team brokered by eXp Realty

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.