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Paloma Creek, TX

Full City Profile · Texas · Collin County County

3.6 /5.0
B+ Good
3,250 Population 7,065/sq mi density
$88,850 Median Income $40,523 per capita
$308,500 Home Value $401,112 Zillow
$2,732 Median Rent 38.4% income on rent
65°F Avg Temperature 323 sunny days/yr
118 Violent Crime/100K 835 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,850 median income, 1.0% unemployment
A+
Affordability
4.7 / 5.0
$308,500 home value, $2,732/mo rent
F
Safety
1.0 / 5.0
118 violent crimes/100K
A
Education
4.0 / 5.0
37.6% bachelor's degree or higher

Housing Overview

Median Home Value
$308,500
9% above
US avg: $281,900
Median Rent
$2,732/mo
135% above
US avg: $1,163/mo
Homeownership Rate
81.0%
24% above US avg (65.4%)
Total Housing Units
1,140
Median year built: 2006

Home Value by Source

Census Median
$308,500
Zillow (ZHVI)
$401,112
Median Sale Price
$255,000
Median List Price
$322,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.0%
Owner-Occupied
19.0%
Renter-Occupied
81%
19%
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: $2,732/mo

Market Indicators (Redfin)

Median Days on Market
98 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
30.8%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
38.4%
of renters spending 30%+ of income on housing
24% above US avg (31.0%)
Median Year Built
2006
Average age of housing stock: 20 years
Homeownership Rate
81.0%

Complete Housing Data

Home Values

Census Median Value$308,500
Zillow Home Value (ZHVI)$401,112
Median Sale Price$255,000
Median List Price$322,500
Price Per Sq Ft$154

Rent

Census Median Rent$2,732
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 Market98
Sale-to-List Ratio1.0%
Price Drops30.8%
Homes Sold3
Active Inventory13
Price Per Sq Ft$154

Ownership & Stock

Owner-Occupied81.0%
Renter-Occupied19.0%
Homeownership Rate81.0%
Total Housing Units1,140
Median Year Built2006
Rent Burden38.4%