Is Palacios, TX 77465 a buyer’s or seller’s market?

The Palacios housing market right now

In the three months ending August 31, 2026, 4% of homes in Palacios, TX 77465 sold above their list price, the typical home went under contract in 83 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 25 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (101 days then) and the median sale price fell 21% to $190,418. Overall, Palacios is more competitive than a year ago, so tougher for buyers.

Within Matagorda County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Palacios ranks #848 of 868 TX ZIP codes with enough sales (score 4 out of 100).

Nearby, buyers who want less competition could look at Van Vleck 77482 (0% sold over asking) or Matagorda 77457 (0% sold over asking), while Bay City 77414 (10% sold over asking) is even more competitive.