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IL area data

Palmyra, IL

Palmyra, IL.

Population: 1,447 (Census ACS)

The typical home value in Palmyra, IL is $135,900 — down 9.5% over the past year. Homes sell for a median $128,400 after a median 41 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with lightning, strong wind, cold wave the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$135,900

Typical home value

-9.5%

1-year change

41

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$135,900
1-year appreciation
-9.5%
3-year appreciation
-9.8%
5-year appreciation
-5.3%
Peak value since 2000 (Feb 2025)
$158,049
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$128,400
Median list price
$134,950
Median price per sqft
$94
1-year sale-price change
-48.6%
Median days on market
41 days
Homes sold (recent period)
5
For-sale inventory
5
Sale-to-list ratio
92.3%
Active listings
4
1-year forecast
+1.4%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$743/mo
1BR fair-market rent
$748/mo
2BR fair-market rent
$978/mo
3BR fair-market rent
$1,191/mo
4BR fair-market rent
$1,492/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Avg student-teacher ratio
9.5 : 1
Schools include
Northwestern Jr High School, Northwestern High School, Northwestern Elem School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
lightning, strong wind, cold wave, drought, earthquake
Notable hazard ratings (county)
lightning: Relatively High · strong wind: Relatively High · hail: Relatively Moderate · drought: Relatively Moderate · tornado: Relatively Moderate · cold wave: Relatively Moderate
Wildfire risk to homes (county)
Higher than 8% of US counties
Buildings in wildfire direct-exposure zone
32.6%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
64.0°F
Average low
43.0°F
Annual precipitation
42.2 in
Annual snowfall
12.5 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
334
Days with Moderate air quality
29
Highest AQI recorded (year)
105

Source: EPA annual air quality index (county-level)

Amenities

National parks within ~60 mi
4
Nearest national park
Lincoln Home National Historic Site (33 mi)
National parks include
Lincoln Home National Historic Site, Springfield 1908 Race Riot National Monument, New Philadelphia National Historic Site
Airports within 30 mi
23
Nearest airport
Zelmer Memorial Airpark Inc Airport (2 mi)
Nearest major airport
Abraham Lincoln Capital Airport (SPI) (35 mi)
Hospitals in or near this ZIP
15
Hospitals include
ALTON MEMORIAL HOSPITAL, OSF SAINT ANTHONY'S HEALTH CENTER, ALTON MENTAL HEALTH CENTER
Avg hospital rating (CMS)
2.9 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-11 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1971
Housing built before 1970
48.3%
Housing built 2000 or later
9.3%
Median annual property tax
$1,419
Mean commute to work
32 min
Households with broadband internet
47.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
7,710
Average weekly wage
$944
Top industries (by employment)
Accommodation & Food, Construction, Wholesale Trade
Annual residential building permits (county)
70

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

PalmyraState medianUS median
Typical home value$135,900$194,869$288,527
Median sale price$128,400$212,000$325,000
Median days on market41 days48 days51 days
Median annual property tax$1,419$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Palmyra, IL?
$135,900.
What is the median sale price in Palmyra, IL?
$128,400.
How long do homes take to sell in Palmyra, IL?
Median days on market: 41 days.
What is typical rent in Palmyra, IL?
2-bedroom fair-market rent: $978/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Palmyra, IL?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: lightning, strong wind, cold wave, drought, earthquake.
What is the wildfire risk in Palmyra, IL?
Risk to homes is higher than 8% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Palmyra, IL?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Palmyra, IL?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Palmyra, IL?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2024-25).
What is the air quality in Palmyra, IL?
Good. Median AQI: 34. (EPA AQI).
What is the cost of living in Palmyra, IL?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Palmyra

Listing a home in Palmyra, IL?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents