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
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 Market | 193 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 34.6% |
| Homes Sold | 5 |
| Active Inventory | 55 |
| Price Per Sq Ft | $161 |
Ownership & Stock
| Owner-Occupied | 83.2% |
| Renter-Occupied | 16.8% |
| Homeownership Rate | 83.2% |
| Total Housing Units | 2,818 |
| Median Year Built | 2011 |
| Rent Burden | 27.2% |
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