Home prices
The value of the median home in Palco is $56,700. In comparison to other places in this area this is about $14,580 (20%) lower.It is about $160,800 (73%) lower in comparison to the country as a whole, and in comparison to the city of Hays is about $120,200 (67%) lower.
Rents
In Palco the median monthly rent is $381. In comparison to its surrounding areas it is approximately $154 (28%) lower.It is about $681 (64%) lower in comparison to the country as a whole, and is roughly $326 (46%) lower in comparison to the city of Hays.
Nearby places
Damar
Damar is roughly 4 miles north of Palco. Real estate prices there are a lot more expensive. The median home in Damar costs $86,300, which is $29,600 (34%) higher than Palco. Rent there is a bit more expensive. Damar's median rent is $475 per month, which comes out to $94 (19%) higher than Palco.
Bogue
Bogue is approximately 9 miles northwest from Palco. Its housing prices are a lot less expensive. The median home in Bogue is valued at $40,000, which works out to $16,700 (41%) lower than Palco. Rent there is somewhat more expensive. Bogue's median rent is $500 a month, which comes out to $119 (23%) higher than Palco.
Plainville
Plainville is about 12 miles east of Palco. Its real estate prices are substantially more expensive. The value of the median home in Plainville is $88,700, which comes out to $32,000 (36%) higher than Palco. Rent there is significantly more expensive. The median rent in Plainville is $577 per month, which comes out to $196 (33%) higher than Palco.
Hill City
Hill City is approximately 15 miles northwest from Palco. The housing prices there are somewhat more expensive. The median home in Hill City costs $80,600, which works out to $23,900 (29%) higher than Palco. The rent there is a lot more expensive. In Hill City the median monthly rent is $605, which comes out to $224 (37%) higher than Palco.
Stockton
Stockton is roughly 17 miles northeast from Palco. Its real estate prices are somewhat more expensive. The price of the median home in Stockton is $60,800, which is $4,100 (6%) higher than Palco. Its rents are a bit more expensive. The median rent in Stockton is $518 per month, which works out to $137 (26%) higher than Palco.