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Paloma Creek South, TX

Full City Profile · Texas · Collin County County

3.9 /5.0
B+ Good
8,797 Population 6,982/sq mi density
$137,585 Median Income $45,381 per capita
$342,800 Home Value $401,112 Zillow
$2,366 Median Rent 27.2% income on rent
65°F Avg Temperature 323 sunny days/yr
118 Violent Crime/100K 835 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$137,585 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$342,800 home value, $2,366/mo rent
F
Safety
1.0 / 5.0
118 violent crimes/100K
A+
Education
4.7 / 5.0
46.5% bachelor's degree or higher

Housing Overview

Median Home Value
$342,800
22% above
US avg: $281,900
Median Rent
$2,366/mo
103% above
US avg: $1,163/mo
Homeownership Rate
83.2%
27% above US avg (65.4%)
Total Housing Units
2,818
Median year built: 2011

Home Value by Source

Census Median
$342,800
Zillow (ZHVI)
$401,112
Median Sale Price
$318,000
Median List Price
$390,940
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.2%
Owner-Occupied
16.8%
Renter-Occupied
83%
17%
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: $2,366/mo

Market Indicators (Redfin)

Median Days on Market
193 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
34.6%
of listings with price reduction
Price Per Sq Ft
$161
Active Inventory
55
homes for sale

Affordability & Housing Stock

Rent Burden
27.2%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
2011
Average age of housing stock: 15 years
Homeownership Rate
83.2%

Complete Housing Data

Home Values

Census Median Value$342,800
Zillow Home Value (ZHVI)$401,112
Median Sale Price$318,000
Median List Price$390,940
Price Per Sq Ft$161

Rent

Census Median Rent$2,366
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 Market193
Sale-to-List Ratio1.0%
Price Drops34.6%
Homes Sold5
Active Inventory55
Price Per Sq Ft$161

Ownership & Stock

Owner-Occupied83.2%
Renter-Occupied16.8%
Homeownership Rate83.2%
Total Housing Units2,818
Median Year Built2011
Rent Burden27.2%