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Housing in Palmer

21 homes sold in Palmer in the last year, at a typical $293K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Palmer homes are listed.

Homes sold
21
June 2025 to May 2026
Typical sale price
$293K
median, weighted by sales
Price per square foot
$177
Texas $175
Paid vs. asking
97.2%
19% sold over asking
For sale now
19
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Palmer’s sales, at a typical $293K

21 homes sold in the year to May 2026.

Houses$293K

typical sale · 21 sold in 12 months

Per square foot
$177TX $173
Days to sell
69
Sold over asking
19%
Listings with a price cut
29%
13 years of sales

Fewer homes sell than before 2021, at twice the 2016 price

21 sales in the last year, against 56 in 2020 and a low of 20 in 2013. The typical sale went from $147K in 2016 to $293K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2013: 20 sold, typical $89K’132014: 20 sold, typical $133K2015: 29 sold, typical $114K’152016: 35 sold, typical $147K2017: 30 sold, typical $148K’172018: 36 sold, typical $192K2019: 34 sold, typical $175K’192020: 56 sold, typical $201K2021: 48 sold, typical $234K’212022: 30 sold, typical $276K2023: 24 sold, typical $295K’232024: 32 sold, typical $290K2025: 24 sold, typical $280K’25Last 12 months: 21 sold, typical $293KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Palmer

Houseat $177 a sq ft
The same money in Texasat $173 a sq ft

Is this asking price fair?

Check a listing against what Palmer homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Palmer home costs about $1,892 a month

Mortgage
Property tax
Insurance
Rent

Price: Palmer’s typical sale, last 12 months. Property tax at Palmer’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Palmer is affordable on local pay is on Cost of living.

Before you buy in Palmer

Five things worth knowing

1.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $293K home, about $4,360 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Palmer, from test results, graduation and how much students grow.

Schools in Palmer
33 min

Typical commute

The average one-way trip to work for people who live in Palmer.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Ennis, Ferris and Bear Creek Ranch sell for less a square foot

The busier markets within 25 miles of Palmer, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Waxahachie836$373K$17614%67
Ennis338$257K$15817%54
Red Oak280$377K$17216%82
Ferris77$288K$1668%101
Bear Creek Ranch28$296K$15229%59
Palmer21$293K$17719%69
Oak Leaf21$467K$18124%100

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Palmer, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Palmer. People who follow the town see it, and so do people comparing Palmer with their own town. No commission, no listing fee.

Questions about buying a home in Palmer

What do homes sell for in Palmer, TX?

21 homes sold in the year to May 2026 at a typical $293K, $177 a square foot.

Is Palmer a buyer’s or seller’s market?

A buyer’s market: 19 homes were for sale in May 2026 and 2 sold, about 9.5 months of supply. Buyers paid 97.2% of asking on average, and 29% of listings cut their price.

How much are property taxes in Palmer?

About 1.5% of a home’s value a year. On a $293K home that’s near $4,360.

Where can I see homes for sale in Palmer?

Zillow, Redfin, Realtor.com and Homes.com all carry Palmer’s MLS listings; the search links above open each one filtered to Palmer.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).