Palm Valley, TX Real Estate
According to census data in the year 2000 there were 706 housing units in Palm Valley.
This represents a 5.1% growth from 672 in 1990.
Of those housing units, 706 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Palm Valley is about 88.6%.
Palm Valley's vacancy rate, including seasonal lodging, is about 13%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Palm Valley were built after 1979.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.40% |
| Two Bedrooms | 41.90% |
| Three Bedrooms | 44.80% |
| Four Bedrooms | 12.60% |
| Five Bedrooms or more | 0.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $140,400 |
| Median Price asked for vacant units | $87,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $850 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.40% |
| Home Equity Loan | 1% |
| Simple Mortgage | 43.50% |
| Debt Free | 54% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.8% |
