$160,000
5.89 Acres
Land
Michael Rankin, Listing Office: INC Realty, LLC
Housing Prices in Palo Pinto, TX
How much do homes in Palo Pinto, TX cost?
Median List Price
$512,450
$229/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$112,450(+28.1%)
Key Takeaway
The list price of homes in Palo Pinto has increased by 28.1% since last year.
Summary: The median home list price in Palo Pinto was $512,450 in October 2024, up 28.1% from the previous year, and the median price per square foot was $229.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $219.9K | $302.5K | +37.6% |
| 3 Bedrooms | $485K | $525K | +8.2% |
| 4 Bedrooms | $275K | $507.5K | +84.5% |
| 5+ Bedrooms | - | $575K | N/A |
Summary: Palo Pinto 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 37.6%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 84.5%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Palo Pinto | $400K | $512.4K | +28.1% |
| Strawn-Gordon | $497K | $582.5K | +17.2% |
| Palo Pinto-Santo | $492K | $549K | +11.6% |
| Santo | $541K | $579K | +7.0% |
Housing Supply in Palo Pinto, TX
How many homes are available in Palo Pinto, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 11 | -21.4% |
Summary: The Palo Pinto real estate market had 11 homes for sale in October 2024, a 21.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Palo Pinto 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 remained the same, 3 bedroom homes decreased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Palo Pinto, TX
How long does it take to sell a home in Palo Pinto, TX?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 296 Days | 134 Days | -54.5% |
Summary: Homes in Palo Pinto had an average listing age of 134 days in Oct 2024, down by 54.5% compared to the previous year.
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