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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $294.5K | $360K | +22.2% |
2 Bedrooms | $182K | $205K | +12.6% |
3 Bedrooms | $312.4K | $340K | +8.8% |
4 Bedrooms | $425K | $365K | -14.1% |
5+ Bedrooms | $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 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 28 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 11 | 14 | +27.3% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 3 | 4 | +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 2023 | Mar 2024 | CHANGE |
---|---|---|
146 Days | 76 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.