Is Palmer, TX 75152 a buyer’s or seller’s market?

The Palmer housing market right now

In the three months ending August 31, 2026, 10% of homes in Palmer, TX 75152 sold above their list price, the typical home went under contract in 67 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 21 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (36 days then) and the median sale price rose 2% to $305,868. Overall, Palmer is less competitive than a year ago, which gives buyers more room.

Within Ellis County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Palmer ranks #195 of 868 TX ZIP codes with enough sales (score 36 out of 100).

Nearby, buyers who want less competition could look at Milford 76670 (0% sold over asking) or Italy 76651 (0% sold over asking), while Red Oak 75154 (14% sold over asking) is even more competitive.