Home prices
The median home price in Palisades is $146,100. In comparison to other places in this area this is about $54,780 (27%) lower.It is about $71,400 (32%) lower compared to the United States as a whole, and in comparison to the city of Amarillo is approximately $13,600 (10%) higher.
Rents
Palisades's median monthly rent is $1,125. Compared to its nearby areas it is roughly $96 (7%) lower.It is about $63 (5%) higher compared to the United States as a whole, and it is approximately $275 (32%) higher compared to the city of Amarillo.
Nearby places
Lake Tanglewood
Lake Tanglewood is Palisades's neighbor to the east. Real estate prices there are a lot more expensive. Lake Tanglewood's median home value is $504,400, which works out to $358,300 (71%) higher than Palisades. Rent there is significantly more expensive. In Lake Tanglewood the median rent is $2,611 a month, which works out to $1,486 (56%) higher than Palisades.
Canyon
Canyon is about 7 miles southwest of Palisades. The real estate prices there are somewhat more expensive. The median home price in Canyon is $162,700, which works out to $16,600 (10%) higher than Palisades. Rent there is significantly less expensive. The median monthly rent in Canyon is $844, which comes out to $281 (33%) lower than Palisades.
Claude
Claude is approximately 22 miles east from Palisades. Its housing prices are somewhat less expensive. The value of the median home in Claude is $132,600, which works out to $13,500 (10%) lower than Palisades. The rent there is a little less expensive. Claude's median monthly rent is $1,042, which is $83 (7%) lower than Palisades.
Happy
Happy is about 23 miles south of Palisades. Its real estate prices are significantly less expensive. The median home in Happy is valued at $70,900, which works out to $75,200 (106%) lower than Palisades. Its rents are a lot less expensive. In Happy the median monthly rent is $802, which works out to $323 (40%) lower than Palisades.
Panhandle
Panhandle is approximately 29 miles northeast from Palisades. The real estate prices there are a bit less expensive. The median home in Panhandle costs $133,800, which is $12,300 (9%) lower than Palisades. Rent there is substantially less expensive. Panhandle's median monthly rent is $806, which comes out to $319 (39%) lower than Palisades.
