Housing Prices in Palmer, TX

How much do homes in Palmer, TX cost?

Median List Price

$354,000

$196/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$9,000(+2.6%)

Key Takeaway

The list price of homes in Palmer has increased by 2.6% since last year.

Summary: The median home list price in Palmer was $354,000 in November 2024, up 2.6% from the previous year, and the median price per square foot was $196.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $199K$249.5K
+25.4%
3 $337K$314.5K
-6.7%
4 $351.9K$419K
+19.0%
5+ $599.5K$567K
-5.4%

Summary: Palmer housing prices by bedroom type for November 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 6.7%, 4 bedroom homes increased by 19%, and 5+ bedroom homes decreased by 5.4%.

Housing Supply in Palmer, TX

How many homes are available in Palmer, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2624-7.7%

Summary: The Palmer real estate market had 24 homes for sale in November 2024, a 7.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 1211
-8.3%
4 1211
-8.3%
5+ 12
+100.0%

Summary: The Palmer housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 100%.

Days on Market for Palmer, TX

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

Average Listing Age

Nov 2023Nov 2024CHANGE
147 Days108 Days-26.5%

Summary: Homes in Palmer had an average listing age of 108 days in Nov 2024, down by 26.5% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in Palmer, TX

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