Palmyra Homes under $500,000

Welcome to Palmyra, Nebraska – a charming small town nestled in Otoe County, where the heart of rural America meets modern convenience. With its friendly atmosphere and stunning landscapes, Palmyra is the perfect place to call home for families, retirees, and everyone in between. Just a short drive from Lincoln, this quaint community offers a peaceful retreat without sacrificing access to urban amenities.

Palmyra boasts a tight-knit community spirit, where neighbors become friends and local events bring everyone together. Enjoy the serene beauty of the surrounding countryside, with ample opportunities for outdoor activities, including hiking, biking, and picnicking in nearby parks. The town’s rich history is reflected in its well-preserved architecture and charming downtown area, where you can find local shops and eateries that add to the town’s unique character.

For those searching for their dream home, Palmyra offers an impressive selection of properties under $500,000. Whether you're looking for a cozy starter home, a spacious family residence, or a serene retreat, you'll find a variety of options that cater to your needs. Many homes in this price range feature modern amenities, beautiful yards, and easy access to local schools and parks, making it an ideal choice for families.

With its affordable housing market, welcoming community, and picturesque surroundings, Palmyra is a hidden gem waiting to be discovered. Come explore the possibilities and find your perfect home in this delightful Nebraska town!

Newest Palmyra Homes under $500,000

$375,000

1 Baths ⋅ 22628334 MLS

Welcome to your own slice of country living on 3 acres, offering space, privacy, and easy access via Hwy 2, all outside a FEMA flood zone. This versatile shouse (shop-house) blends comfortable living with functionality. Inside, an open-concept layout connects the kitchen, dining, and living areas—ideal for relaxing or entertaining. The home offers approximately 1,488 sq ft of finished space, including one bathroom and low-maintenance finishes like tile and carpet flooring, painted walls, and warm wood trim. Built with durable metal siding and roofing, it’s designed for longevity and easy upkeep. Enjoy year-round comfort with electric forced-air heat, a wood-burning stove, and central air. Outside, relax on the covered concrete patio or entertain in the open grill area. A sidewalk leads to a detached garage for added storage and convenience. With open space, flexibility, and rural charm, this property is perfect for your lifestyle or business needs. Also in MLS as Land MLS#22608841.

691 N 12th Road, Palmyra

Listing courtesy of Nebraska Realty.

$484,900

4 Beds ⋅ 3 Baths ⋅ 22628077 MLS

Contract Pending If you've been looking for that perfect mini-acreage a quick 10-minute drive from Lincoln, look no further. This 4 + 1 BR, 3 BA ranch home has it all! Step onto the covered front porch and you'll know you've found your perfect home. Immaculate and tasteful from the outside to the inside. Several updated features will provide you with peace of mind and ease of living, including a 2-year old roof with transferable warranty, high-efficiency geothermal heating and cooling unit, newly installed whole house water filter system, 85-gallon water heater with newer heating element, LVP flooring, new carpet and all appliances including a new refrigerator. An enlarged patio and partially-fenced yard provides outdoor enjoyment. First floor laundry/mudroom, added storage in the basement, and a 3-stall garage add to the convenience. No backyard neighbors and the best view for sunsets imaginable. This home is a must see!

739 Sunset Boulevard, Palmyra

Listing courtesy of NP Dodge RE Sales Inc Lincoln.

$499,900

3 Beds ⋅ 2 Baths ⋅ 22625855 MLS

1667 N 12th Road may show as a 2003 built, but for all intents and purposes, it is a brand new home expanded to 1932 Sq Ft above grade. Let's start with the flooring. The oak floors in a big portion of the home are new and recently finished and look amazing. New laminate planking, and carpeting also has been installed throughout. There is a brand new kitchen with new cabinets, countertops, and wonderful storage space. The stainless steel appliances are all new with a gas cooktop, dishwasher, and oven. 3 bedrooms, 2 baths, wheelchair access meeting almost all ADA requirements. There is well water, but also rural water has already been plumbed to the acreage. A large outbuilding with 2 stalls of garage, and opener. The views are spectacular in as peaceful a setting as you will find. Very useable nice well-lit crawl space for storage or shelter. Schedule your showing today!

1667 N 12th Road, Palmyra

Listing courtesy of Woods Bros Realty.

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