The Las Palmas housing market is not very competitive. The median sale price of a home in Las Palmas was $186K last month, down 9.02% since last year. The median sale price per square foot in Las Palmas is $140, down 21.8% since last year.
What is the housing market like in Las Palmas today?
In May 2025, Las Palmas home prices were down 9.02% compared to last year, selling for a median price of $186K. On average, homes in Las Palmas sell after 97 days on the market compared to 139 days last year. There were 6 homes sold in May this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$186,500
-9.02% 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
$186,500
-9.02%
United States
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How hot is the Las Palmas housing market?
Las Palmas is not very competitive. Homes sell in 72.5 days.
0
100
28
Not 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 12 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 73 days.
Hot homes
can sell for about 2% above list price and go pending in around 37 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 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
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Las Palmas has a minor risk of flooding. 64 properties in Las Palmas are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Las Palmas. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Las Palmas has a minor risk of wildfire. There are 1 properties in Las Palmas that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Las Palmas.
59% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Las Palmas has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Las Palmas is most at risk from hurricanes. 1,804 properties in Las Palmas 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.