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Palmyra, VA 22963 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Palmyra, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.02
ActiveActive listings: 4949PendingPending sales: 11
Palmyra, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $390k$390kSoldMedian sold price (last 6 months): $372k$372k
What homes actually sell for in Palmyra, VA
Distribution of 173 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $330k to $469k
$230k to $284k: 10 sales$230k$284k to $338k: 39 sales$338k to $391k: 43 sales43sales$338k$391k to $445k: 18 sales$445k to $499k: 24 sales$445k$499k to $552k: 10 sales$552k to $606k: 6 sales$552k$606k to $660k: 6 salesMedian $372k

What the numbers say

As of October 5, 2026, Resideline is tracking 49 active listings and 1 pending sales in ZIP code 22963. That pending-to-active ratio of 0.02 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $389,900, while the median of the 173 closed sales Resideline tracked over the last six months was $372,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 22963 for 79 days.

Frequently asked questions

What is the median home price in 22963?

The median closed sale price in Palmyra, VA 22963 was $372,000 over the last six months, based on 173 closed sales tracked by Resideline. The middle half of those sales ranged from $330,000 to $469,131.

Is 22963 a buyer's or seller's market?

Resideline is currently tracking 1 pending sales against 49 active listings in 22963, a pending-to-active ratio of 0.02. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 22963 currently looks like a balanced market.

Nearby ZIP code market data

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