Housing in Palmer, TX is very attractive due to its median value of $221,800, which is significantly lower than the US median value of $338,100. Furthermore, it has seen an impressive appreciation rate of 19.07% in the last year, compared to 8.27% across the United States. As a result, Palmer is becoming increasingly popular with both buyers and investors looking for excellent housing options at competitive prices.
The median home cost in Palmer town (Ellis County) is $221,800. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Palmer town (Ellis County) is up 23.5%.
Average Age of Homes
- The median age of Palmer town (Ellis County) real estate is 34 years old
The Rental Market in Palmer town (Ellis County)
- Renters make up 24.8% of the Palmer town (Ellis County) population
- 1.6% of houses and apartments in Palmer town (Ellis County), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.