Home prices
The median home in Palmer is valued at $93,700. Compared to other places in this area this is roughly $27,860 (22%) lower.Compared to the entire nation it is roughly $123,800 (56%) lower, and it is approximately $94,400 (50%) lower compared to the city of Dallas.
Rents
Palmer's median rent is $1,034 a month. Compared to its nearby areas it is is very similar.Compared to the country as a whole it is roughly $28 (2%) lower, and it is approximately $18 (1%) lower compared to the city of Dallas.
Nearby places
Garrett
Garrett is approximately 4 miles south from Palmer. Its real estate prices are a bit less expensive. The median home in Garrett costs $71,700, which is $22,000 (30%) lower than Palmer. The rent there is a little less expensive. The median rent in Garrett is $867 a month, which comes out to $167 (19%) lower than Palmer.
Pecan Hill
Pecan Hill is roughly 7 miles northwest from Palmer. Its real estate prices are significantly more expensive. The median home price in Pecan Hill is $157,100, which is $63,400 (40%) higher than Palmer. Rent there is a little more expensive. Pecan Hill's median rent is $1,307 a month, which comes out to $273 (20%) higher than Palmer.
Ennis
Ennis is about 7 miles south of Palmer. Real estate prices there are a little more expensive. The median home in Ennis is valued at $111,200, which is $17,500 (15%) higher than Palmer. Its rents are a bit less expensive. In Ennis the median monthly rent is $915, which comes out to $119 (13%) lower than Palmer.
Ferris
Ferris is roughly 8 miles north from Palmer. Real estate prices there are pretty similar. Ferris's median home value is $91,500, which comes out to $2,200 (2%) lower than Palmer. Rents there are somewhat less expensive. In Ferris the median rent is $983 a month, which works out to $51 (5%) lower than Palmer.
Waxahachie
Waxahachie is roughly 9 miles west from Palmer. Its real estate prices are a lot more expensive. The cost of the median home in Waxahachie is $176,300, which works out to $82,600 (46%) higher than Palmer. Rent there is similar. The median rent in Waxahachie is $1,088 a month, which works out to $54 (4%) higher than Palmer.
