Palmhurst, TX housing market
The typical Palmhurst home is worth about $286,000, up 1.2% in a year, close to the Texas typical home.
Home values, sales, trends and how Palmhurst compares with the towns next door — updated as new data is published.
Palmhurst at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Palmhurst | Texas |
|---|---|---|
| 2017 | $163,000 | $190,000 |
| 2018 | $168,000 | $202,000 |
| 2019 | $173,000 | $214,000 |
| 2020 | $187,000 | $223,000 |
| 2021 | $208,000 | $242,000 |
| 2022 | $235,000 | $286,000 |
| 2023 | $259,000 | $313,000 |
| 2024 | $278,000 | $311,000 |
| 2025 | $281,000 | $311,000 |
| 2026 | $287,000 | $303,000 |
| August 2026 | $286,000 | $299,000 |
19 new homes permitted in 2025
Builders were permitted 19 new homes in Palmhurst in 2025, all single-family houses, worth about $11.1 million to build. That's 7.3 per 1,000 residents, about the pace of Texas as a whole. Over the past 10 years, Palmhurst has permitted 97 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Palmhurst's population fell by 6 even though 99 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
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 10 | 10 | 0 | $5.7 million |
| 2025 | 19 | 19 | 0 | $11.1 million |
| 2024 | 4 | 4 | 0 | $1.7 million |
| 2023 | 3 | 3 | 0 | $450,000 |
| 2022 | 10 | 10 | 0 | $2.6 million |
| 2021 | 11 | 11 | 0 | $4 million |
| 2020 | 8 | 8 | 0 | $2.3 million |
| 2019 | 9 | 9 | 0 | $2.5 million |
| 2018 | 8 | 8 | 0 | $3.6 million |
| 2017 | 13 | 13 | 0 | $6.4 million |
| 2016 | 12 | 12 | 0 | $3.5 million |
| 2015 | 19 | 19 | 0 | $15.1 million |
| 2014 | 9 | 9 | 0 | $2.6 million |
| 2013 | 5 | 5 | 0 | $1.6 million |
| 2012 | 10 | 10 | 0 | $3.3 million |
| 2011 | 9 | 9 | 0 | $2.6 million |
| 2010 | 5 | 5 | 0 | $1.3 million |
| 2009 | 9 | 9 | 0 | $2.4 million |
| 2008 | 7 | 7 | 0 | $1.7 million |
| 2007 | 10 | 10 | 0 | $3.4 million |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 22 | 22 | 0 | $4.5 million |
| 2004 | 0 | 0 | 0 | — |
How Palmhurst 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.
Palmhurst and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Palmhurst | $286K | +1.2% | $1,000 | 19 | $98,125 |
| Mission | $220K | −0.9% | $1,030 | 722 | $60,767 |
2.9 years of income
The typical Palmhurst home costs about 2.9 years of the town's median household income, less than across Texas (3.8 years).
How Palmhurst ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,000
HUD's Fair Market Rent for a two-bedroom in Palmhurst is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Palmhurst pay a median of $823, so moving in tends to cost more than staying put. A two-bedroom takes about 12% of the town's median household income.
Studio $790 · 4 bedrooms $1,440
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (78573; McAllen-Edinburg-Mission, TX MSA), 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, April 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.