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Foreclosure Homes in Palmview, TX

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View this home at 2nd Lane Cir Palmview TX 78572
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2nd Lane Cir
Palmview, TX 78572
AUCTION: 04-02-2024
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Palmview, TX Foreclosures

How much do homes sell for in Palmview, TX?
The average home price is currently $159,587.
In Palmview, TX, how many homes are available?
There are currently 2,682 active home listings available in Palmview.
What’s the average rental cost in Palmview, TX?
The average rental price in Palmview is $1,060.
What is the most expensive home in Palmview, Texas?
The most expensive home sold in Palmview had a price of $1,565,093.
What is currently the cheapest priced home in Palmview, TX?
The cheapest home for sale in Palmview is priced at $13,246.

Home Value Estimator For Palmview, TX

There are currently 2,682 real estate properties in Palmview, TX, with a median automated valuation model (AVM) price of $157,252.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Palmview, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Palmview, TX, is $159,587.00, with the most expensive house in Palmview, TX, topping out at $1,565,093.00 and the cheapest home in Palmview, TX, clocking in at $13,246.00. In other words, there’s something for every potential homebuyer or savvy investor in Palmview, TX!


Rent Prices In Palmview, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Palmview, TX, is on a rollercoaster ride. The average rent price in Palmview, TX, is $1,060.00. Indeed, when looking to rent in Palmview, TX, you can expect to pay as little as $430.00 or as much as $2,660.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Palmview, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Palmview, TX In 2024

Palmview is located in Hidalgo, Texas, with an estimated municipal population of 5,774 residents. All of the best foreclosed homes for sale in Palmview are located in the following zip code areas on Foreclosure.com: 78574 78572. The estimated population per square kilometer (.62 miles) in Palmview is 794.


Cost Of Living In Palmview, TX

So, about how much do homes cost in Palmview? The most recent median value of resident-owned homes in Palmview is 91,990. An estimated 74.3 percent of households in Palmview own their homes, with an average family size of 3.86. The median household income in Palmview is 29,419, with7.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Palmview, the median commute time of resident workers (in minutes) is 21.2. And last, but certainly not least, are you looking for homes to rent in Palmview? If so, the average rent price paid by renters in Palmview is 713, according to recent statistics.


Diversity And Demographics In Palmview, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Palmview, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Palmview is 29.2, split between 51.5 percent male versus 48.5 female. The percentage of residents who report being married in Palmview is 40.3, with an average family size of 3.86.

The percentage of residents who report their race in Palmview is as follows:

White 97.7%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.8%
Other 1.5%

Looking for family-friendly neighborhoods in and/or near Palmview? Or maybe you are searching for 55+ active adult communities in and/or near Palmview?

The percentage of residents who report their age in Palmview is as follows:

Under 10 15.5%
Aged 10-19 16%
20s 19.4%
30s 11.3%
40s 9.9%
50s 9.7%
60s 10.6%
70s 4.6%
80+ 3%

Best Schools In Palmview, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Palmview with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Palmview.


Pros And Cons Of Living In Palmview, Texas

How do you know that living in -- or moving to -- Palmview is right where you need to be? Perhaps you grew up in Palmview or already live nearby; therefore, the decision to buy a home in Palmview is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Palmview for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Palmview:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Palmview.


Reasons To Move To Palmview, Texas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Palmview can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Palmview, meanwhile, can field multiple offers from more qualified buyers.

Palmview, TX Foreclosures


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