Market Overview
Home Prices in Palacios, TX
The median home value in Palacios, TX is $193,132 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.3% compared to a year ago and down 2.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palacios are priced53% below average. Palacios is part of the Bay City, TX metro area.
Over the past five years, Palacios home values have risen by approximately2.3%, reflecting modest growth in this market.
Price History
Palacios Home Price Trend
City Comparison
Palacios vs. National Median
At $193,132, homes in Palacios cost 53% below the national median of $410,000. This makes Palacios a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Palacios?
20% Down Payment
$38,626
on $193,132
Monthly P&I
$1,007/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,279/mo
incl. taxes & insurance
Income Needed
$51,160
gross annual (30% rule)
10% Down Option
$19,313
+ PMI applies
Loan Amount (20% dn)
$154,506
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Palacios, TX?
The median home value in Palacios is $193,132 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.3% year-over-year.
How much have home prices changed in Palacios?
Over the past year, home values in Palacios have decreased by 0.3%. Over five years, prices have risen approximately 2.3%.
How much do I need to earn to buy a home in Palacios?
To comfortably afford the median home price of $193,132 with a 20% down payment ($38,626) at today's rates (6.8%), you'd need a gross annual income of approximately $51,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Palacios compare to the national average home price?
The national median home value is approximately $410,000. At $193,132, homes in Palacios are 53% below the national average.
What metro area is Palacios part of?
Palacios is part of the Bay City, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.