Market Overview
Home Prices in Palm Valley, TX
The median home value in Palm Valley, TX is $252,837 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.9% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palm Valley are priced38% below average. Palm Valley is part of the Brownsville-Harlingen, TX metro area.
Over the past five years, Palm Valley home values have risen by approximately25.4%, reflecting strong long-term appreciation in this market.
Price History
Palm Valley Home Price Trend
City Comparison
Palm Valley vs. National Median
At $252,837, homes in Palm Valley cost 38% below the national median of $410,000. This makes Palm Valley a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Palm Valley?
20% Down Payment
$50,567
on $252,837
Monthly P&I
$1,319/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,675/mo
incl. taxes & insurance
Income Needed
$67,000
gross annual (30% rule)
10% Down Option
$25,284
+ PMI applies
Loan Amount (20% dn)
$202,270
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 Palm Valley, TX?
The median home value in Palm Valley is $252,837 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.9% year-over-year.
How much have home prices changed in Palm Valley?
Over the past year, home values in Palm Valley have decreased by 1.9%. Over five years, prices have risen approximately 25.4%.
How much do I need to earn to buy a home in Palm Valley?
To comfortably afford the median home price of $252,837 with a 20% down payment ($50,567) at today's rates (6.8%), you'd need a gross annual income of approximately $67,000. This assumes keeping total housing costs at or below 30% of gross income.
How does Palm Valley compare to the national average home price?
The national median home value is approximately $410,000. At $252,837, homes in Palm Valley are 38% below the national average.
What metro area is Palm Valley part of?
Palm Valley is part of the Brownsville-Harlingen, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.