What is the housing market like in Las Palmas today?
In May 2025, Las Palmas home prices were down 53.5% compared to last year, selling for a median price of $122K. On average, homes in Las Palmas sell after 16 days on the market compared to 93 days last year. There were 12 homes sold in May this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$121,500
-53.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Las Palmas, TX
$121,500
-53.5%
United States
To compare other locations to the Las Palmas and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in El Paso add value to a home.
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Work with the best agents in Las Palmas
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How hot is the Las Palmas housing market?
Las Palmas is very competitive. Homes sell in 24.5 days.
0
100
70
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 25 days.
Hot homes
can sell for around list price and go pending in around 6 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Las Palmas, TX
97.7%
-2.1 pt
United States
Schools in Las Palmas
Learn about schools in the Las Palmas area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 Las Palmas housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Las Palmas.
Flood Factor - Minor
2% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Las Palmas has a minor risk of flooding. 6 properties in Las Palmas are likely to be
severely affected
by flooding over the next 30 years. This represents 2% of all properties in Las Palmas. Flood risk is increasing slower than the national average.