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
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 Market | 123 |
| Sale-to-List Ratio | 0.0% |
| Price Drops | 37.5% |
| Homes Sold | 2 |
| Active Inventory | 16 |
| Price Per Sq Ft | $132 |
Ownership & Stock
| Owner-Occupied | 76.5% |
| Renter-Occupied | 23.5% |
| Homeownership Rate | 76.5% |
| Total Housing Units | 797 |
| Median Year Built | 1982 |
| Rent Burden | 23.0% |
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