Housing · Palacios

Palacios, TX housing market

The typical Palacios home is worth about $198,000, down 1.3% in a year, 34% below the Texas typical home.

Home values, sales, trends and how Palacios compares with the towns next door — updated as new data is published.

The market right now

Palacios at a glance

Typical home value
$198K
▼ 1.3% in a year · Zillow
Median sale price
$458K
May 2026 · Redfin
Homes sold
1
in May · 30 for sale

Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Ten-year trend

Typical home value, 2016–2026

PalaciosTexas
$150K$200K$250K$300K$350K 20182020202220242026 Palacios $198K Texas $299K
Show as a table
JanuaryPalaciosTexas
2017$160,000$190,000
2018$167,000$202,000
2019$178,000$214,000
2020$174,000$223,000
2021$187,000$242,000
2022$209,000$286,000
2023$209,000$313,000
2024$202,000$311,000
2025$203,000$311,000
2026$198,000$303,000
August 2026$198,000$299,000
New construction

7 new homes permitted in 2025

Builders were permitted 7 new homes in Palacios in 2025, all single-family houses, worth about $2.2 million to build. That's 1.6 per 1,000 residents, slower than across Texas (8.1). Over the past 10 years, Palacios has permitted 121 homes in all.

New homes, 2025
7
▼ 53% vs 2024
2026 so far
6
Jan–Aug
Per 1,000 residents
1.6
Texas: 8.1
Single-family
100%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
010203040 2000: 37 homes (9 single-family, 28 in buildings with 2+ homes) 2000 2001: 8 homes 2002: 6 homes 2003: 0 homes 2010: 2 homes 2010 2011: 3 homes 2012: 3 homes 2013: 8 homes 2014: 9 homes 2015: 9 homes 2015 2016: 4 homes 2017: 2 homes 2018: 7 homes 2019: 8 homes 2020: 18 homes 2020 2021: 30 homes 2022: 16 homes 2023: 14 homes (10 single-family, 4 in buildings with 2+ homes) 2024: 15 homes 2025: 7 homes 2025 2026 so far: 6 homes

Homes vs. people, 2010–2020

Residents−323
New homes+55

Between the 2010 and 2020 censuses, Palacios's population fell by 323 even though 55 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Texas: 2.6 new residents per new home.

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)660$1.6 million
2025770$2.2 million
202415150$3.5 million
202314104$2.5 million
202216160$3.9 million
202130300$5.3 million
202018180$3.7 million
2019880$2.1 million
2018770$2.4 million
2017220$90,000
2016440$733,000
2015990$1.8 million
2014990$992,000
2013880$566,000
2012330$198,000
2011330$198,000
2010220$150,000
2003000—
2002660$648,000
2001880$607,000
200037928$1.4 million

Palacios's permit office reported 9 of 12 months in 2025; the Census estimated the rest.

How Palacios ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

3.8 years of income

The typical Palacios home costs about 3.8 years of the town's median household income, about the same as across Texas (3.8).

How Palacios ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
84%
Texas: 62.6%
Median tax bill
$2,695
Texas: $4,232
Median rent
$785
Texas: $1,403
Typical home built
1964
Texas: 1992

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,110

HUD's Fair Market Rent for a two-bedroom in Palacios is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Palacios pay a median of $785, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.

1 bedroom
$920
a month, with utilities
2 bedrooms
$1,110
a month, with utilities
3 bedrooms
$1,410
a month, with utilities
Share of income
25%
2 bedrooms ÷ median income

Studio $870 · 4 bedrooms $1,790

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (77465; Calhoun County, TX), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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