Palmyra, MI

Palmyra is a city in the state of michigan with a population of roughly 1,153. It is in Lenawee County, Michigan the Adrian, MI core-based statistical areas (CBSA), and the Detroit-Warren-Ann Arbor, MI combined statistical area (CSA).Its Zip codes include 49268 .

Trends in Home Prices in Palmyra, MI

Palmyra is a small town in the Upper Peninsula of Michigan. It is located about an hour north of Detroit and has a population of just over 1,000 people. The town was founded in 1837 and was originally known as "Pleasant Valley." Palmyra is best known for its historic architecture, including several buildings that are listed on the National Register of Historic Places.

Real estate in Palmyra is dominated by single-family homes and small apartment complexes. The average price for a single-family home in Palmyra was $130,000 in 2016, while the average price for an apartment complex was $122,000. There are also a few commercial properties available, but they are relatively rare.

The main source of income for residents of Palmyra is tourism. The town has several historic buildings that can be toured and there are many attractions nearby, including Pictured Rocks National Lakeshore and Traverse City Beachfront Park. There is also a golf course nearby that attracts visitors from around the state.

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