Market Summary

Palmer, Ellis County, TX

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Median Home Price Price

$310,821 $310.8K

Median Monthly Rent Rent

$1,880 $1.9K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Ellis County

Region Price Rent GRM Display
$442,918 $2,293 16.0x
$251,906 $1,364 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TX outside of Ellis County

Region Price Rent GRM Display
$695,886 $1,824 32.0x
$292,897 $1,594 15.0x
$519,463 $1,816 24.0x
$229,070 $1,487 13.0x
$390,131 $1,822 18.0x
$381,778 $1,848 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of TX

Region Price Rent GRM Display
$329,027 $1,522 18.0x
$282,303 $1,742 13.0x
$124,201 $1,175 9.0x
$220,423 $1,128 16.0x
$306,528 $1,764 14.0x
$322,601 $1,658 16.0x
$444,577 $1,507 24.0x
$461,881 $1,882 20.0x
$364,671 $1,515 20.0x
$515,568 $1,876 23.0x
$327,214 $1,518 18.0x
$229,909 $1,227 16.0x
$304,787 $1,536 16.0x
$458,290 $1,786 21.0x
$351,158 $1,802 16.0x
$768,814 $1,884 34.0x
$339,631 $1,572 18.0x
$120,051 $899 11.0x
$311,850 $1,538 17.0x
$519,079 $1,856 23.0x
$391,480 $1,002 33.0x
$416,560 $1,794 19.0x
$320,125 $1,609 17.0x
$344,964 $1,675 17.0x
$502,503 $1,881 22.0x
$339,707 $1,584 18.0x

Home prices

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Monthly rent

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GRM

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Palmer

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Trend Insights

Median Rent in Palmer, TX is $1,880, with MoM change +$12 and YoY change +$48 pointing to positive momentum while volatility is low (std $11).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Palmer, TX.

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Metric
Base market Palmer, TX
Compare market Select a market
Delta vs base
Median rent
$1,880
N/A
Median price
$310,821
N/A
YoY change
+$48
N/A
Price-to-rent
13.8x
Data unavailable
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