Palmer Housing Information - Census

IndexPalmerTexasNational
Median home price$83,000$142,700$184,700
Median rent asked$892$911$949
Avg. people per household3.42.82.6
Owner occupied households70.7%61.9%63.6%
Renter occupied households29.3%38.1%36.4%

Palmer Housing Information - Zillow

IndexPalmerTexasNational
Zillow home value index$119,100$163,500$196,500
Year over year appreciation rate9.37%5.89%6.79%
5 year average appreciation rate8.47%5.98%5.28%
10 year average appreciation raten/a2.21%0.01%

Did you know?

  • The median home price in Palmer is 55% lower than the national average.
  • The median rent asked in Palmer is 6% lower than the national average.
  • The average number of people per household in Palmer is 28% higher than the national average.
  • The number of owner occupied households in Palmer is 11% higher than the national average.
  • The number of renter occupied households in Palmer is 20% lower than the national average.

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Compare Palmer, TX Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Wilmer, TX3,903$55,30070%
Garrett, TX826$68,00063%
Rosser, TX303$68,30063%
Bardwell, TX637$70,50062%
Rice, TX933$72,30061%
Palmer, TX2,268$83,00055%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Selbyville, DE2,268$260,50041%
Spirit Lake, ID2,269$140,00024%
Cape Carteret, NC2,267$262,00042%
West Branch, MI2,269$79,20057%
Morrisville, VT2,270$180,5002%
Palmer, TX2,268$83,00055%
Source: The Palmer, TX housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.