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Palm Valley, TX

Full City Profile · Texas · Cameron County County

4.1 /5.0
A Great
1,650 Population 2,750/sq mi density
$92,000 Median Income $49,175 per capita
$264,400 Home Value $251,730 Zillow
$1,225 Median Rent 23.0% income on rent
76°F Avg Temperature 312 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.7 / 5.0
$92,000 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$264,400 home value, $1,225/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.3 / 5.0
40.8% bachelor's degree or higher

Housing Overview

Median Home Value
$264,400
6% below
US avg: $281,900
Median Rent
$1,225/mo
5% above
US avg: $1,163/mo
Homeownership Rate
76.5%
17% above US avg (65.4%)
Total Housing Units
797
Median year built: 1982

Home Value by Source

Census Median
$264,400
Zillow (ZHVI)
$251,730
Median Sale Price
$198,250
Median List Price
$339,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.5%
Owner-Occupied
23.5%
Renter-Occupied
77%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent: $1,225/mo

Market Indicators (Redfin)

Median Days on Market
123 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
2
Price Drops
37.5%
of listings with price reduction
Price Per Sq Ft
$132
Active Inventory
16
homes for sale

Affordability & Housing Stock

Rent Burden
23.0%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
76.5%

Complete Housing Data

Home Values

Census Median Value$264,400
Zillow Home Value (ZHVI)$251,730
Median Sale Price$198,250
Median List Price$339,000
Price Per Sq Ft$132

Rent

Census Median Rent$1,225
FMR Studio$887
FMR 1-Bedroom$935
FMR 2-Bedroom$1,149
FMR 3-Bedroom$1,497
FMR 4-Bedroom$1,733

Market

Days on Market123
Sale-to-List Ratio0.0%
Price Drops37.5%
Homes Sold2
Active Inventory16
Price Per Sq Ft$132

Ownership & Stock

Owner-Occupied76.5%
Renter-Occupied23.5%
Homeownership Rate76.5%
Total Housing Units797
Median Year Built1982
Rent Burden23.0%