Market Summary
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Median Home Price Price
Median Monthly Rent Rent
GRM
GRM = Median Home Price divided by annual rent.
Price = Median Home Price.
Rent = Median Monthly Rent.
Palmyra, Somerset County, ME is a city market with a median home price of $224,295, a median monthly rent of $884, a GRM of 21.0x, and a price-to-rent ratio of 21.1.
Use these related city markets as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.
Similar markets within Somerset County
Similar markets within ME outside of Somerset County
Similar markets outside of ME
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Median Rent in Palmyra, ME is $884, with MoM change +$11 and YoY change +$78 pointing to positive momentum while volatility is low (std $21).
Search a market to benchmark rent, price, YoY, and price-to-rent against Palmyra, ME.
TwinMarket currently shows a median home price of $224,295 for Palmyra, Somerset County, ME.
The current TwinMarket market snapshot lists median monthly rent at $884 in Palmyra, Somerset County, ME.
TwinMarket currently shows a GRM of 21.0x in Palmyra, Somerset County, ME. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.
Comparable markets currently surfaced on TwinMarket for Palmyra, Somerset County, ME include Madison, Somerset County, ME, Newport, Penobscot County, ME, Leeds, Androscoggin County, ME. Open those pages to compare price, rent, GRM, and recent trend context side by side.
The market data shown on this page was last updated on April 8, 2026.