The Palm Heights housing market is somewhat competitive. The median sale price of a home in Palm Heights was $138K last month, up 10.0% since last year. The median sale price per square foot in Palm Heights is $129, down 5.1% since last year.
What is the housing market like in Palm Heights today?
In March 2024, Palm Heights home prices were up 10.0% compared to last year, selling for a median price of $138K. On average, homes in Palm Heights sell after 59 days on the market compared to 57 days last year. There were 10 homes sold in March this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$137,500
+10.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palm Heights, TX
$137,500
+10.0%
United States
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How hot is the Palm Heights housing market?
Palm Heights is somewhat competitive. Homes sell in 51 days.
0
100
44
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 8% below list price and go pending in around 51 days.
Hot homes
can sell for around list price and go pending in around 22 days.
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 Palm Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm Heights.
Risk Factor
Flood Factor - Moderate
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Heights has a moderate risk of flooding. 392 properties in Palm Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Palm Heights. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm Heights has a minor risk of wildfire. There are 11 properties in Palm Heights that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Palm Heights.
98% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Palm Heights has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palm Heights is most at risk from hurricanes. 3,652 properties in Palm Heights have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 100 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 105 mph.