Housing Prices in Palmer, TX

How much do homes in Palmer, TX cost?

Median List Price

$349,450

$196/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$4,450(+1.3%)

Key Takeaway

The list price of homes in Palmer has increased by 1.3% since last year.

Summary: The median home list price in Palmer was $349,450 in March 2024, up 1.3% from the previous year, and the median price per square foot was $196.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $294.5K$360K
+22.2%
2 $182K$205K
+12.6%
3 $312.4K$340K
+8.8%
4 $425K$365K
-14.1%
5+ $725K$560K
-22.8%

Summary: Palmer housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes decreased by 22.8%.

Housing Supply in Palmer, TX

How many homes are available in Palmer, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2428+16.7%

Summary: The Palmer real estate market had 28 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 1114
+27.3%
4 98
-11.1%
5+ 34
+33.3%

Summary: The Palmer housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 27.3%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 33.3%.

Days on Market for Palmer, TX

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

Average Listing Age

Mar 2023Mar 2024CHANGE
146 Days76 Days-48.1%

Summary: Homes in Palmer had an average listing age of 76 days in Mar 2024, down by 48.1% compared to the previous year.

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

Report Updated 28 Days Ago

Newest Listings in Palmer, TX

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