Palmyra, NJ · Market Data

Palmyra, New Jersey real estate market data.

Real estate market data for Palmyra, NJ (Burlington County) — Census median home value $216,600, county listing prices roughly flat over the past year.

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Palmyra, NJ is in Burlington County, New Jersey — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,447, with a median household income of $85,014. Census data puts Palmyra's median home value at $216,600 (all owner-occupied homes); Burlington County's current median listing price runs $419,950, roughly flat over the past year.

At a glance

Palmyra market snapshot

Population

7,447

Median Household Income

$85,014

Median Home Value (city)

$216,600

Median Listing Price (Burlington County)

$419,950

Median Gross Rent

$1,680/mo

Price Trend (YoY)

+0.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Palmyra

What makes Palmyra different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Palmyra's median home value — across all owner-occupied homes, not just recent sales — at $216,600. Separately, Burlington County's current median listing price (via Realtor.com data, 2026-06-01) runs $419,950. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Burlington County's FHFA house price index shows a 5.69% annual change in 2025.

Population & Income

Palmyra has an estimated population of 7,447 and a median household income of $85,014, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Palmyra's Census-reported median home value works out to about 2.5x the area's median household income, and median gross rent runs roughly 24% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Palmyra FAQ

What are home values like in Palmyra, NJ?

The Census Bureau's American Community Survey puts Palmyra's median home value at $216,600. Burlington County's current median listing price runs $419,950, roughly flat over the past year.

What is the population of Palmyra, NJ?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Palmyra's population at approximately 7,447.

What's the median rent in Palmyra, NJ?

The Census ACS estimates median gross rent in Palmyra at approximately $1,680 per month.

What is the median household income in Palmyra, NJ?

Census ACS data puts the median household income in Palmyra at approximately $85,014.

Is the Palmyra housing market growing?

Burlington County's FHFA house price index shows a 5.69% annual change in 2025.

Is Palmyra, NJ affordable relative to income?

Census ACS data puts Palmyra's median home value at about 2.5 times the median household income, with median gross rent equal to roughly 24% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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