A typical Palisades home is worth about $205,000
Up 11.4% in a year, 31% below the Texas typical home.
What kind of housing town is Palisades?
Read from the numbers below. The page puts what stands out first.
Down 1.1% in five years
Slower than Texas (11.1%).
Show as a table
| January | Palisades | Texas |
|---|---|---|
| 2017 | $146,000 | $190,000 |
| 2018 | $150,000 | $202,000 |
| 2019 | $158,000 | $214,000 |
| 2020 | $162,000 | $223,000 |
| 2021 | $180,000 | $242,000 |
| 2022 | $226,000 | $286,000 |
| 2023 | $221,000 | $313,000 |
| 2024 | $216,000 | $311,000 |
| 2025 | $200,000 | $311,000 |
| 2026 | $190,000 | $303,000 |
| August 2026 | $205,000 | $299,000 |
A typical Palisades home worth $140K in September 2016 is worth about $205K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
99% of Palisades households own their home
Half of Palisades’s homes were built before 1975.
Texas: 63% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
What it takes to buy in Palisades
Try your own numbers below.
That covers a typical Palisades home, with $75K to spare.
A two-bedroom rents for about $1,360 a month here, $30 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Texas typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,360
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Amarillo, TX HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
2 new homes permitted in 2025
Builders were permitted 2 new homes in Palisades in 2025, all single-family houses. Over the past 10 years, Palisades has permitted 8 homes in all.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $592,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 3 | 3 | 0 | $769,000 |
| 2021 | 1 | 1 | 0 | $239,000 |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 2 | 2 | 0 | $475,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 2 | 2 | 0 | $398,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Palisades vs. its neighbors
The towns that share a border with Palisades. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Palisades | $205K | +11.4% | $1,360 | 2 | $73,750 |
| Timbercreek Canyon | $455K | +3.7% | $1,360 | 1 | $145,278 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Palisades buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. 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. The calculator is an estimate, not a loan offer.