Palmer Housing Market Report January 2025•Ellis County, Texas

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Housing Prices in Palmer, TX

How much do homes in Palmer, TX cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$365,494$199/SqFt
+$20,494
+5.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Palmer has increased by 5.9% since last year.

Summary: The median home list price in Palmer was $365,494 in January 2025, up 5.9% from the previous year, and the median price per square foot was $199.

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$92.5K$299K
+223.2%
3$337K$326.3K
-3.2%
4$351.5K$419K
+19.2%
5$399K$639.5K
+60.3%

Summary: Palmer housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +223.2%. The home price for 3 bedroom homes decreased by -3.2%. The home price for 4 bedroom homes increased by +19.2%. The home price for 5 bedroom homes increased by +60.3%.

Housing supply in Palmer, TX

How many homes are available in Palmer, TX?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
25Last MonthJan 2025
252 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The Palmer real estate market had 25 homes for sale in Jan 2025, the same as Dec 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
211
0.0%
3911
+22.2%
41110
-9.1%
543
-25.0%

Summary: Palmer housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +22.2%. The inventory for 4 bedroom homes decreased by -9.1%. The inventory for 5 bedroom homes decreased by -25.0%.

Days on Market for Palmer, TX

How long does it take to sell a home in Palmer, TX?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
68 DaysThis YearJan 2025
159 Days1 year agoJan 2024
-57.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Palmer had an average listing age of 68 days in Jan 2025, down by 57.3% compared to the previous year.

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Newest Listings in Palmer, TX

What homes are available in Palmer, TX?

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Nearby markets

Nearby markets aren't available for Palmer, TX

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MLS Disclaimers and Copyright

Based on information from North Texas Real Estate Information Systems Inc., for the period 02/01/2023 - 02/01/2025

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 2/28/2025, 6:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.