Palmhurst, TX Housing Market

Homes for sale

The Palmhurst housing market is not very competitive. The median sale price of a home in Palmhurst was $313K last month, down 37.5% since last year.

Trends
Demand
Migration
Schools
Climate

Palmhurst Housing Market Trends

What is the housing market like in Palmhurst today?

In October 2024, Palmhurst home prices were down 37.5% compared to last year, selling for a median price of $313K.

$958K

Sale Price

$182

Sale $/Sq. Ft.

Under List Price

1.3%

Days on Market

51.5

Down Payment

—

Total Homes Sold

To compare other locations to the Palmhurst and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Palmhurst add value to a home.

How hot is the Palmhurst housing market?

Palmhurst is not very competitive. Homes sell in 51.5 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 1% below list price and go pending in around 52 days.
Hot homes
can sell for around list price and go pending in around 21 days.

Compare With Nearby Cities

McAllen

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 25 days.

Edinburg

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 80 days.
Hot homes
can sell for around list price and go pending in around 33 days.

See more nearby cities and neighborhoods

Palmhurst Migration & Relocation Trends

In Sep '24 - Nov '24, 45% of Palmhurst homebuyers searched to move out of Palmhurst, while 55% looked to stay within the metropolitan area.

Where are people moving to Palmhurst from?

Across the nation, 0.09% of homebuyers searched to move into Palmhurst from outside metros.
Salt Lake City homebuyers searched to move into Palmhurst more than any other metro followed by Los Angeles and Miami.

Where are people from Palmhurst moving to?

55% of Palmhurst homebuyers searched to stay within the Palmhurst metropolitan area.
Austin was the most popular destination among Palmhurst homebuyers followed by San Antonio and Dallas.

Number of People Moving to Palmhurst

least

most

People are moving to Palmhurst from

Inbound		Net inflow
Metros		Sep '24 - Nov '24
1	Salt Lake City, UT	90
2	Los Angeles, CA	77
3	Miami, FL	50
4	Seattle, WA	31
5	Chicago, IL	27
6	Las Vegas, NV	24
7	Washington, DC	23
8	Atlanta, GA	17
9	San Francisco, CA	16
10	Orlando, FL	13

People are leaving Palmhurst for

Outbound		Net outflow
Metros		Sep '24 - Nov '24
1	Austin, TX	303
2	San Antonio, TX	79
3	Dallas, TX	28
4	Corpus Christi, TX	12
5	Brownsville, TX	6
6	Killeen, TX	6
7	Minneapolis, MN	3
8	Cleveland, OH	3
9	Kalamazoo, MI	2
10	Dayton, OH	2

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Schools in Palmhurst

Learn about schools in the Palmhurst area

Elementary
Middle
High

GreatSchools Rating

6/10 Hilda C Escobar/alicia C Rios Elementary School Public • PreK-5	426 Students	N/A
6/10 Hurla M Midkiff Elementary School Public • PreK-5	702 Students	5 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Palmhurst housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Palmhurst.

Wind Factor - Severe

99% of properties are at severe risk of a severe wind event over the next 30 years

Heat Factor - Extreme

68% of properties are at extreme risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Palmhurst

Nearby City Housing Markets

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Palmhurst, TX Housing Market

Palmhurst Housing Market Trends

How hot is the Palmhurst housing market?

Palmhurst Migration & Relocation Trends

Schools in Palmhurst

GreatSchools Rating

Climate's impact on Palmhurst housing

Flood Factor - Minor

Flood Factor

Fire Factor - Major

Fire Factor