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Palm Valley, TX Housing

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As of 2010-2014, median price of a house in Palm Valley is $159,000, which is higher than the state average of $131,400 and is lower than the national average of $175,700. The Palm Valley median house value has grown by 13.25% since 2000. The growth rate for the price of a house in Palm Valley is much lower than the state average rate of 59.27% and is lower than the national average rate of 46.91%. The median year that a house in Palm Valley was built is 1978, which is older than the median year for a house built in the state which is 1984 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 598 Owner Occupied Houses in Palm Valley, TX, #244

Palm Valley, TX	159,000 USD
Texas	131,400 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #1283

Palm Valley, TX	13.25%
Texas	59.27%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Palm Valley, TX	Texas	U.S.
Total Housing Units	872, see rank, 100%	10,187,189	132,741,033
Occupied Housing Units	742, 85.09%, see rank	88.48%	87.55%
Owner Occupied	598, 68.58%, see rank	55.49%	56.34%
Renter Occupied	144, 16.51%, see rank	32.99%	31.21%
Vacant Housing Units	130, 14.91%, see rank	11.52%	12.45%
For Rent	0, 0.00%, see rank	3.13%	2.34%
For Sale Only	34, 3.90%, see rank	1.05%	1.20%
Rented or Sold, Not Occupied	9, 1.03%, see rank	0.97%	0.92%
For Seasonal, Recreational, or Occasional Use	61, 7.00%, see rank	2.37%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	26, 2.98%, see rank	3.97%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #800

Palm Valley, TX	Texas	U.S.
1978	1984	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Palm Valley, TX	%	Texas	U.S.
Owner-Occupied Units	598	100%	5,652,542	74,787,460
With a Mortgage	227	37.96%, see rank	60.56%	65.58%
Without a Mortgage	371	62.04%, see rank	39.44%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Palm Valley, TX	1,633 USD
Texas	1,443 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Palm Valley, TX	%	Texas	U.S.
$299 or Less	4	1.76%, see rank	0.15%	0.20%
$300 to $499	0	0.00%, see rank	1.18%	1.59%
$500 to $699	3	1.32%, see rank	4.49%	5.01%
$700 to $999	15	6.61%, see rank	14.70%	14.32%
$1,000 to $1,499	83	36.56%, see rank	33.20%	27.90%
$1,500 to $1,999	48	21.15%, see rank	22.54%	20.35%
$2,000 to $2,999	62	27.31%, see rank	16.45%	19.52%
$3,000 or More	12	5.29%, see rank	7.30%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Palm Valley, TX	22.20% of the Total Income
Texas	22.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Palm Valley, TX	%	Texas	U.S.
10% or Less	21	9.25%, see rank	6.26%	5.86%
10% to 20%	77	33.92%, see rank	36.09%	31.95%
20% to 30%	67	29.52%, see rank	27.65%	27.64%
30% to 40%	30	13.22%, see rank	12.28%	13.74%
40% or More	32	14.10%, see rank	17.16%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Palm Valley, TX	588 USD
Texas	459 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Palm Valley, TX	%	Texas	U.S.
$199 or Less	0	0.00%, see rank	7.97%	7.76%
$200 to $299	13	3.50%, see rank	14.81%	14.70%
$300 to $499	120	32.35%, see rank	33.97%	34.63%
$500 to $699	113	30.46%, see rank	22.08%	21.16%
$700 or More	125	33.69%, see rank	21.17%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Palm Valley, TX	12.60% of the Total Income
Texas	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Palm Valley, TX	%	Texas	U.S.
10% or Less	144	38.81%, see rank	41.43%	40.19%
10% to 20%	128	34.50%, see rank	32.37%	31.47%
20% to 30%	69	18.60%, see rank	11.78%	12.24%
30% to 40%	7	1.89%, see rank	5.09%	5.64%
40% or More	23	6.20%, see rank	8.03%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Palm Valley, TX	Texas	U.S.
Total Housing Units	872, 100%	10,187,189	132,741,033
1-unit, Detached	676, 77.52%, see rank	65.34%	61.65%
1-unit, Attached	119, 13.65%, see rank	2.68%	5.82%
2 Units	14, 1.61%, see rank	1.94%	3.75%
3 or 4 Units	24, 2.75%, see rank	3.20%	4.43%
5 to 9 Units	8, 0.92%, see rank	4.85%	4.78%
10 or More Units	31, 3.56%, see rank	14.35%	13.08%
Mobile Home, Boat, RV, Van, etc.	0, 0.00%, see rank	7.63%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Palm Valley, TX	Texas	U.S.
Total Housing Units	872, 100%	10,187,189	132,741,033
1 Room	12, 1.38%, see rank	1.69%	1.95%
2 Rooms	4, 0.46%, see rank	2.86%	2.48%
3 Rooms	14, 1.61%, see rank	10.61%	9.13%
4 Rooms	56, 6.42%, see rank	16.68%	16.60%
5 Rooms	257, 29.47%, see rank	21.74%	20.41%
6 Rooms	184, 21.10%, see rank	18.39%	18.06%
7 Rooms	167, 19.15%, see rank	11.53%	12.27%
8 Rooms	88, 10.09%, see rank	7.50%	8.48%
9 Rooms or More	90, 10.32%, see rank	8.98%	10.60%
Median Rooms	6.00, see rank	5.30	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Palm Valley, TX	Texas	U.S.
Total Housing Units	872, 100%	10,187,189	132,741,033
No Bedroom	16, 1.83%, see rank	1.85%	2.17%
1 Bedroom	0, 0.00%, see rank	12.69%	11.16%
2 Bedrooms	324, 37.16%, see rank	23.33%	26.69%
3 Bedrooms	406, 46.56%, see rank	41.71%	39.70%
4 Bedrooms	122, 13.99%, see rank	17.12%	16.05%
5 or More Bedrooms	4, 0.46%, see rank	3.30%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Palm Valley, TX	Texas	U.S.
Total Housing Units	742, 100%	9,013,582	116,211,092
Utility Gas	26, 3.50%, see rank	37.22%	48.85%
Bottled, Tank, or LP Gas	0, 0.00%, see rank	3.42%	4.86%
Electricity	716, 96.50%, see rank	58.19%	36.68%
Fuel Oil, Kerosene, etc.	0, 0.00%, see rank	0.12%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	0, 0.00%, see rank	0.43%	2.12%
Solar Energy	0, 0.00%, see rank	0.01%	0.05%
Other Fuel	0, 0.00%, see rank	0.16%	0.47%
No Fuel Used	0, 0.00%, see rank	0.44%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Palm Valley, TX	Texas	U.S.
Occupied Units Paying Rent	141, 100%	3,174,412	39,201,928
$199 or Less	0, 0.00%, see rank	1.28%	1.50%
$200 to $299	0, 0.00%, see rank	2.20%	3.18%
$300 to $499	0, 0.00%, see rank	6.35%	7.37%
$500 to $699	0, 0.00%, see rank	19.10%	16.01%
$700 to $999	28, 19.86%, see rank	35.25%	29.17%
$1,000 to $1,499	72, 51.06%, see rank	26.13%	26.88%
$1,500 to $1,999	41, 29.08%, see rank	6.97%	9.79%
$2,000 or More	0, 0.00%, see rank	2.73%	6.10%
Median	$1,316, see rank	$870	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Palm Valley, TX	Texas	U.S.
Occupied Housing Units	742, 100%	9,013,582	116,211,092
No Vehicles Available	0, 0.00%, see rank	5.88%	9.12%
1 Vehicles Available	288, 38.81%, see rank	34.31%	33.80%
2 Vehicles Available	402, 54.18%, see rank	40.44%	37.48%
3 or More Vehicles Available	52, 7.01%, see rank	19.37%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.