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Palacios, TX Real Estate


According to census data in the year 2000 there were 2,001 housing units in Palacios. This represents a 5.5% growth from 1,896 in 1990.

Of those housing units, 2,001 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Palacios is about 68.7%. Palacios's vacancy rate, including seasonal lodging, is about 15.3%. Average household size is 3.04 people.

The majority of houses, apartments or condos in Palacios were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type2.90%
One Bedroom17.90%
Two Bedrooms32.80%
Three Bedrooms38.40%
Four Bedrooms6.80%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.21
Median year structure was built1969
Median Value of occupied units$55,800
Median Price asked for vacant units$60,800

Rented Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1979
Median Monthly Rent asked for vacant units$284

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.80%
Home Equity Loan2.20%
Simple Mortgage36.30%
Debt Free60.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.3%