Palmyra, Somerset County, ME Housing Trends, Rent, Price-to-Rent

Market Summary

Palmyra, Somerset County, ME

Median Home Price Price

$224,295 $224.3K

Median Monthly Rent Rent

$884 $884

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

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).

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Metric

Base market Palmyra, ME

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Delta vs base

Median rent

$884

N/A

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Median price

$224,295

N/A

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YoY change

+$78

N/A

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Price-to-rent

21.1x

Data unavailable

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