Is now a good time to buy land in Palmer, Texas?
Palmer, Texas is currently a strong buyer's market with 13.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
13.2 months of supply
High inventory favors buyers with more choices and negotiating power.
Texas does not make land sale prices public, so sold prices are not shown here. Sales counts, days on market and months of supply are still real.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 1 | 2 | 3 |
| 1-2 acres | - | 1 | 1 | 2 |
| 2-5 acres | 1 | 3 | 4 | 8 |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | 1 | 1 |
| TOTAL | 2 | 5 | 10 | 16 |
Palmer, Texas is currently a strong buyer's market with 13.2 months of supply. Buyers have more negotiating power and can take time to find the right property.
Palmer, Texas currently has 13.2 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
Over the past 12 months, Palmer, Texas saw 16 properties sold. In just the last 3 months, 5 properties changed hands.
There are currently 22 active listings in Palmer, Texas. 14 new listings have hit the market in the last 90 days. The median asking price is $292K.
Land in Palmer, Texas typically sells within 93 days of listing. The median time on market is 38 days. Properties are moving at a moderate pace in the current strong buyer's market.
The 3-month absorption rate in Palmer, Texas is 7.6%. The 12-month rate is 6.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Palmer, Texas is 7.6% (3-month basis), indicating slow demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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