Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$173,393+10.7% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 0% have cut their price
Income needed to buy, per year$37,588About 0.5× the local median income ($68,598): affordable for a typical household
Days on market108 daysFaster than a year ago: sellers have the edge
The typical home in Parmer County, TX is worth $173,393, up 10.7% from a year ago. That is slightly below what local incomes have historically supported: fair value is about $181,775, so the area is 4.6% undervalued. It is a balanced market, leaning toward buyers: homes take about 108 days to sell, listings are up 106% from a year ago, 0% of listings have had a price cut. A household needs about $37,588 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,598. In the latest IRS figures, 94 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$173,393
Change in 1 year
+10.7%
Overvalued %
−4.6%
Show 6 more
Fair home value
$181,775
Change in 5 years
+11.4%
Home value to income
2.5×
Monthly mortgage payment (20% down)
$940
Income needed to afford it
$37,588
Property tax rate
1.28%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,214
Market activity
Listings vs a year ago
+105.6%
Days on market
108
Listings with a price cut
0.0%
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Homes for sale
37
Pending sales per 100 listings
14
Asking price per sq ft
$109
People and jobs
Median household income
$68,598
Population change (1 year)
+0.5%
Unemployment rate
2.6%
Show 4 more
Population
9,678
Income adjusted for cost of living
$78,130
Net moves in (IRS)
−94
Cost of living (US = 100)
87.8
Schools, risk and environment
School rating (1 to 10)
5.4
FEMA hazard risk score (0 to 100)
81.8
Flood risk score
5.3
Show 3 more
Wildfire risk score
67.2
Walkability (1 to 20)
6.8
Road, rail and air noise
53 dB
Questions people ask
Is Parmer County, TX overvalued?
Home prices in Parmer County, TX are slightly below what local incomes have historically supported: fair value is about $181,775, so the area is 4.6% undervalued.
Is Parmer County, TX a buyer's or seller's market?
Parmer County, TX is a balanced market, leaning toward buyers: homes take about 108 days to sell, listings are up 106% from a year ago, 0% of listings have had a price cut.
Are home prices going down in Parmer County, TX?
Home values in Parmer County, TX are up 10.7% over the last year.
How much do you need to earn to buy a home in Parmer County, TX?
A household needs about $37,588 a year to afford the typical home in Parmer County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,598.