Market Overview
Home Prices in Palmhurst, TX
The median home value in Palmhurst, TX is $288,826 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.5% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Palmhurst are priced30% below average. Palmhurst is part of the McAllen-Edinburg-Mission, TX metro area.
Over the past five years, Palmhurst home values have risen by approximately30.9%, reflecting strong long-term appreciation in this market.
Price History
Palmhurst Home Price Trend
City Comparison
Palmhurst vs. National Median
At $288,826, homes in Palmhurst cost 30% below the national median of $410,000. This makes Palmhurst a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Palmhurst?
20% Down Payment
$57,765
on $288,826
Monthly P&I
$1,506/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,913/mo
incl. taxes & insurance
Income Needed
$76,520
gross annual (30% rule)
10% Down Option
$28,883
+ PMI applies
Loan Amount (20% dn)
$231,061
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 Palmhurst, TX?
The median home value in Palmhurst is $288,826 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.5% year-over-year.
How much have home prices changed in Palmhurst?
Over the past year, home values in Palmhurst have increased by 2.5%. Over five years, prices have risen approximately 30.9%.
How much do I need to earn to buy a home in Palmhurst?
To comfortably afford the median home price of $288,826 with a 20% down payment ($57,765) at today's rates (6.8%), you'd need a gross annual income of approximately $76,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Palmhurst compare to the national average home price?
The national median home value is approximately $410,000. At $288,826, homes in Palmhurst are 30% below the national average.
What metro area is Palmhurst part of?
Palmhurst is part of the McAllen-Edinburg-Mission, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.