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Featured local agent — Palm Valley, TX
Sarah Mitchell
Compass Real Estate · Palm Valley, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Palm Valley, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$317,000median sale price
How is the Palm Valley, TX housing market right now?
The median home sale price in Palm Valley, TX is $317,000, up 40.9% year-over-year. Homes sell in an average of 121 days with 20 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Palm Valley a buyer's or seller's market?
Palm Valley, TX is currently a buyer's market, based on 10.0 months of supply and homes selling in about 121 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
121
Average pace
Active listings
20
10.0 months supply
Sale-to-list
—
Below asking
What does the Palm Valley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $317,000 |
| Median list price | $224,000 |
| Year-over-year price change | +40.9% |
| Average days on market | 121 days |
| Active inventory | 20 listings |
| Months of supply | 10.0 months |
| Median price per sq ft | $128/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Listings with a price cut | 50.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Palm Valley by property type?
How the Palm Valley, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $317,000 | $128/sq ft | 2 | 121 days |
| Condo / Co-op | $135,000 | $136/sq ft | 1 | 306 days |
| Townhouse | $155,000 | $80/sq ft | 1 | 70 days |
Source: Redfin · Updated monthly
The Palm Valley housing market is currently classified as a buyer's market with a median sale price of $317,000. Prices have risen 40.9% compared to last year, with homes spending an average of 121 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Palm Valley
There are currently 20 homes listed for sale in Palm Valley, Texas. The median listing price is $224K.
Active listings
20
Homes on market
Median list price
$224K
Avg. days on market
121
Days until sale
New this week
2
Newly listed
Who lives in Palm Valley?
Population
1,650
Median income
$92,000/yr
Median age
47.3 years
Owner-occupied
76.5%
College grads
40.8%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Palm Valley?
Zillow home value
$252,837
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Palm Valley?
Palm Valley is a community of approximately 2K residents with a median age of 47.3 years.The median household income is $92,000, which reflects a relatively affluent area with strong earning potential. 40.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 76.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palm Valley offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Palm Valley, TX?
Want a head-to-head view? Compare Palm Valley side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Palm Valley?
The median home sale price in Palm Valley is $317,000, up 40.9% from last year.
How long do homes stay on market in Palm Valley?
Homes typically spend 121 days on market before going under contract.
What is the median income in Palm Valley?
The median household income is $92,000 per year.
Is Palm Valley a buyer's or seller's market?
With 10.0 months of supply, Palm Valley is currently a buyer's market.
What is the Zillow home value estimate for Palm Valley?
The Zillow Home Value Index (ZHVI) for Palm Valley is $252,837, representing the typical home value in the area.
What is the median condo price in Palm Valley?
The median condo/co-op sale price in Palm Valley, TX is $135,000, compared to $317,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Palm Valley?
The median single-family home price in Palm Valley, TX is $317,000 (about $128 per square foot).
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