Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Palmview South

Learn about the people, housing, costs and businesses in Palmview South, Texas

Median Home$65,358
Median Rent$423/month
Population1,947
Leading IndustriesWholesale Trade · Arts, Food & Hospitality · Transportation21% wholesale trade
Home Value Growth+10.9% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners79% of occupied units
NotableAffordable Market$65k median home · lower cost than 99% of the country
Palmview South
TX

Frequently Asked Questions

What are today's mortgage rates in Palmview South?

As of today, the 30-year fixed mortgage rate for Palmview South is approximately 6.946% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Palmview South
What is the median home price in Palmview South?

The median home value in Palmview South is $65k. The median monthly rent is $423. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Palmview South?

Home values in Palmview South have increased 10.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Palmview South?

Based on a typical all-in ownership cost of $492/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $21k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Palmview South is $42k/year.

Calculate your buying power
What industries drive the economy in Palmview South?

The largest employment sectors in Palmview South are wholesale trade (21%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.