OfferBackedBuyer Tools

Is Palmyra, NE 68418 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Palmyra is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$225▲ +49.1% vs. last year

The Palmyra housing market right now

In the three months ending August 31, 2026, 20% of homes in Palmyra, NE 68418 sold above their list price and the typical home went under contract in 15 days. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (51 days then) and the median sale price rose 8% to $438,810. Overall, Palmyra is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Unadilla 68454 (0% sold over asking) or Syracuse 68446 (8% sold over asking), while Nebraska City 68410 (29% sold over asking) is even more competitive.

Run the numbers for 68418

Prefilled for 68418Can I win this house?Multiple-offer likelihood for a listing Prefilled for 68418Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Burr 68324 — /sq ftDouglas 68344 — /sq ftNebraska City 68410Seller’s market $135 /sq ftSyracuse 68446Seller’s market $127 /sq ft Browse all markets →

Towns like Palmyra nearby

Find towns like Palmyra in other states →
Eagle, NE68347 · 8 miles away83% similarpricier homes ($35K more) · larger Ceresco, NE68017 · 28 miles away81% similarpricier homes ($27K more) · larger Elmwood, NE68349 · 11 miles away78% similarVery close on income, prices and more Cortland, NE68331 · 22 miles away77% similarpricier homes ($111K more) · older residents

Where Palmyra is

Loading map…

Questions about Palmyra real estate

How fast do homes sell in Palmyra?

The typical home went under contract in 15 days in the latest three months.

Do homes in Palmyra sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Palmyra?

About 1.33% of a home’s value a year in Otoe County, or roughly $5,320 on a $400,000 home.

What is the median home price in Palmyra?

The median sale price was $438,810 in the three months ending August 31, 2026, about $225 per square foot.

Local agents

See all agents in 68418 →

No sponsored agents in 68418 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 68418

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Otoe County property taxesOtoe County loan limitsClosing costs in NebraskaHottest ZIP codes in Nebraska
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology