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Sarah Mitchell

CNESRESABR

Compass Real Estate · Palmhurst, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Palmhurst, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Palmhurst, TX Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$605,000median sale price

How is the Palmhurst, TX housing market right now?

The median home sale price in Palmhurst, TX is $605,000. Homes sell in an average of 203 days with 17 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Palmhurst a buyer's or seller's market?

Buyer's market17.0 months of supply203 avg. days on market

Palmhurst, TX is currently a buyer's market, based on 17.0 months of supply and homes selling in about 203 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

203

Average pace

Active listings

17

17.0 months supply

Sale-to-list

100.8%

Above asking

What does the Palmhurst housing market data show?

Current housing market statistics for Palmhurst, TX
MetricValue
Median sale price$605,000
Median list price$365,000
Average days on market203 days
Active inventory17 listings
Months of supply17.0 months
Sale-to-list price ratio100.8%
Median price per sq ft$152/sq ft
Homes sold (latest month)1
New listings (latest month)3
Listings with a price cut17.6%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Palmhurst by property type?

How the Palmhurst, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Palmhurst, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$605,000$152/sq ft1203 days

Source: Redfin · Updated monthly

The Palmhurst housing market is currently classified as a buyer's market with a median sale price of $605,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 203 days on market, indicating 17.0 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 3.5x provides context for how home values compare to local earning capacity.

Homes for sale in Palmhurst

There are currently 17 homes listed for sale in Palmhurst, Texas. The median listing price is $365K.

Active listings

17

Homes on market

Median list price

$365K

Avg. days on market

203

Days until sale

New this week

3

Newly listed

Price drops:17.6%of listings
Sale-to-list:100.8%

Who lives in Palmhurst?

Population

2,595

Median income

$82,629/yr

Median age

31.9 years

Owner-occupied

81.9%

College grads

40.6%

Avg commute

19.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Palmhurst?

Zillow home value

$288,826

Price-to-income

3.5x

Source: Zillow Research

What is it like to live in Palmhurst?

Palmhurst is a community of approximately 3K residents with a median age of 31.9 years.The median household income is $82,629, which reflects a relatively affluent area with strong earning potential. 40.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 81.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palmhurst offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Palmhurst?

2 schools tracked · 1,243 students

The largest public schools serving Palmhurst, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

HURLA M MIDKIFF EL

Grades PK-5 · 662 students

Public

RAFAEL A CANTU J H

Grades 6-8 · 581 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Palmhurst, TX?

Want a head-to-head view? Compare Palmhurst side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Palmhurst?

The median home sale price in Palmhurst is $605,000, down 0.0% from last year.

How long do homes stay on market in Palmhurst?

Homes typically spend 203 days on market before going under contract.

What is the median income in Palmhurst?

The median household income is $82,629 per year.

Is Palmhurst a buyer's or seller's market?

With 17.0 months of supply, Palmhurst is currently a buyer's market.

What is the Zillow home value estimate for Palmhurst?

The Zillow Home Value Index (ZHVI) for Palmhurst is $288,826, representing the typical home value in the area.

How much does a single-family home cost in Palmhurst?

The median single-family home price in Palmhurst, TX is $605,000 (about $152 per square foot).

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