Is Palmyra, NJ 08065 a buyer’s or seller’s market?
Palmyra is a seller’s market. With about 3 months of supply and 41% 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.
More competitive than 75% of U.S. ZIP codes, and #283 of 444 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Palmyra housing market right now
In the three months ending August 31, 2026, 41% of homes in Palmyra, NJ 08065 sold above their list price, the typical home went under contract in 30 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 35 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold about as fast and the median sale price fell 6% to $304,468. Overall, Palmyra is about as competitive as it was a year ago.
Within Burlington County, homes here sell faster than in 64% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Palmyra ranks #283 of 444 NJ ZIP codes with enough sales (score 71 out of 100).
Nearby, buyers who want less competition could look at Cookstown 08511 (0% sold over asking) or Chesterfield 08515 (22% sold over asking), while Bordentown 08505 (55% sold over asking) and Mount Laurel 08054 (54% sold over asking) are even more competitive.
Run the numbers for 08065
Nearby markets
Beverly 08010Seller’s market $201 /sq ftBordentown 08505Seller’s market $263 /sq ftBrowns Mills 08015Seller’s market $241 /sq ftBurlington 08016Seller’s market $227 /sq ft Browse all markets →Towns like Palmyra nearby
Find towns like Palmyra in other states →Where Palmyra is
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Questions about Palmyra real estate
Is Palmyra a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Palmyra, NJ 08065 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Palmyra?
The typical home went under contract in 30 days in the latest three months.
Do homes in Palmyra sell over asking?
41% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Palmyra?
About 2.75% of a home’s value a year in Palmyra Boro, Burlington County, or roughly $11,008 on a $400,000 home.
What is the median home price in Palmyra?
The median sale price was $304,468 in the three months ending August 31, 2026, about $213 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology