Is Palmyra, PA 17078 a buyer’s or seller’s market?

The Palmyra housing market right now

In the three months ending August 31, 2026, 33% of homes in Palmyra, PA 17078 sold above their list price, the typical home went under contract in 12 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 78 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 49%, homes sold more slowly (6 days then) and the median sale price rose 25% to $396,778. Overall, Palmyra is less competitive than a year ago, which gives buyers more room.

Within Lebanon County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Palmyra ranks #279 of 601 PA ZIP codes with enough sales (score 73 out of 100).

Nearby, buyers who want less competition could look at Annville 17003 (17% sold over asking), while Mount Gretna 17064 (75% sold over asking) and Newmanstown 17073 (52% sold over asking) are even more competitive.