Housing Prices in Palmer, TX

How much do homes in Palmer, TX cost?

Median List Price

$351,500

$196/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$6,500(+1.9%)

Key Takeaway

The list price of homes in Palmer has increased by 1.9% since last year.

Summary: The median home list price in Palmer was $351,500 in October 2024, up 1.9% from the previous year, and the median price per square foot was $196.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $199K$249.5K
+25.4%
3 $333.4K$315K
-5.5%
4 $359.9K$434.9K
+20.8%
5+ $599.5K$399K
-33.4%

Summary: Palmer housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 25.4%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes decreased by 33.4%.

Housing Supply in Palmer, TX

How many homes are available in Palmer, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3028-6.7%

Summary: The Palmer real estate market had 28 homes for sale in October 2024, a 6.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1713
-23.5%
4 813
+62.5%
5+ 21
-50.0%

Summary: The Palmer housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 62.5%, and 5+ bedroom homes decreased by 50%.

Days on Market for Palmer, TX

How long does it take to sell a home in Palmer, TX?

Average Listing Age

Oct 2023Oct 2024CHANGE
161 Days99 Days-38.8%

Summary: Homes in Palmer had an average listing age of 99 days in Oct 2024, down by 38.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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