Palmview, TX housing market
The typical Palmview home is worth about $184,000, down 1% in a year, 38% below the Texas typical home. Homes typically sell in 59 days, below asking.
Home values, sales, trends and how Palmview compares with the towns next door — updated as new data is published.
Palmview at a glance
A balanced market
About 5.3 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Palmview | Texas |
|---|---|---|
| 2017 | $96,000 | $190,000 |
| 2018 | $99,000 | $202,000 |
| 2019 | $105,000 | $214,000 |
| 2020 | $111,000 | $223,000 |
| 2021 | $128,000 | $242,000 |
| 2022 | $143,000 | $286,000 |
| 2023 | $168,000 | $313,000 |
| 2024 | $180,000 | $311,000 |
| 2025 | $186,000 | $311,000 |
| 2026 | $186,000 | $303,000 |
| August 2026 | $184,000 | $299,000 |
114 new homes permitted in 2025
Builders were permitted 114 new homes in Palmview in 2025: 46 single-family houses and 68 in buildings with two or more homes, worth about $15.8 million to build. That's 7.2 per 1,000 residents, about the pace of Texas as a whole. Over the past 10 years, Palmview has permitted 481 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Palmview gained 10,370 residents while 166 new homes were permitted: about 62 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Texas: 2.6 new residents per new home.
How Palmview ranks on housing keeping up with growth →
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) | 93 | 41 | 52 | $9.2 million |
| 2025 | 114 | 46 | 68 | $15.8 million |
| 2024 | 54 | 54 | 0 | $9 million |
| 2023 | 63 | 55 | 8 | $10.5 million |
| 2022 | 64 | 51 | 13 | $9.1 million |
| 2021 | 51 | 47 | 4 | $5.3 million |
| 2020 | 39 | 39 | 0 | $4 million |
| 2019 | 38 | 38 | 0 | $3.9 million |
| 2018 | 17 | 17 | 0 | $2.1 million |
| 2017 | 24 | 24 | 0 | $2.2 million |
| 2016 | 17 | 17 | 0 | $1.7 million |
| 2015 | 21 | 21 | 0 | $2.6 million |
| 2014 | 18 | 18 | 0 | $1.7 million |
| 2013 | 8 | 8 | 0 | $608,000 |
| 2012 | 9 | 9 | 0 | $1 million |
| 2011 | 9 | 9 | 0 | $829,000 |
| 2010 | 5 | 5 | 0 | $432,000 |
| 2009 | 6 | 6 | 0 | $484,000 |
| 2008 | 5 | 5 | 0 | $525,000 |
| 2007 | 14 | 14 | 0 | $1.6 million |
| 2006 | 20 | 20 | 0 | $1.7 million |
| 2005 | 14 | 14 | 0 | $1.2 million |
| 2004 | 27 | 21 | 6 | $1.9 million |
| 2003 | 25 | 25 | 0 | $1.5 million |
| 2002 | 23 | 23 | 0 | $1.4 million |
| 2001 | 35 | 19 | 16 | $3.3 million |
| 2000 | 19 | 17 | 2 | $2.1 million |
How Palmview 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.
Palmview and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Palmview | $184K | −1% | $1,030 | 114 | $43,963 |
| La Homa | $167K | +2.9% | $970 | — | $36,895 |
| Abram | $155K | +2.7% | $1,050 | — | $58,846 |
| Doffing | $152K | 0% | $970 | — | $32,318 |
| Palmview South | — | +10.1%† | $1,050 | — | $29,167 |
| Mission | $220K | −0.9% | $1,030 | 722 | $60,767 |
| Perezville | — | +10.1%† | $1,050 | — | $47,836 |
† FHFA price index change, where Zillow has no home value for the town.
4.2 years of income
The typical Palmview home costs about 4.2 years of the town's median household income, more than across Texas (3.8 years).
How Palmview 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 $1,030
HUD's Fair Market Rent for a two-bedroom in Palmview is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Palmview pay a median of $678, so moving in tends to cost more than staying put. A two-bedroom takes about 28% of the town's median household income.
Studio $810 · 4 bedrooms $1,480
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (78572, 78574; 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.
Recent listings in Palmview
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.