Housing in Palmer, TX
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$250,000
Median List Price
$303,750
Price Per Sq Ft
$169
Days on Market
44
Active Inventory
11
Months of Supply
11.0
Buyer's market
Zillow Home Value
$311,405
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
4
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$169
Median List $/SF
$190
Palmer vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Palmer is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$203,400
Median Rent
$1,709
Total Housing Units
799
Vacancy Rate
6.8%
Owner Occupied
73.3%
Renter Occupied
26.7%
Median Property Tax
$3,135
per year
Monthly Cost (w/ Mortgage)
$1,202
Housing Types
The current median sale price in Palmer, TX is $250,000 according to Redfin data. Homes spend a median of 44 days on the market. 0.0% of homes sold above asking price. The market has 11.0 months of supply. The median price per square foot is $169. The median rent is $1,709 per month (Census ACS). About 73.3% of housing units are owner-occupied. The median year homes were built is 1988. There are 799 total housing units.