Parmer County, Texas home prices
Typical home $173,393 · +10.7% in a year · property tax 1.28%
The typical home in Parmer County is worth $173,393, 42% less than the Texas typical home ($296,424). Values changed +10.7% in the past year and +11.4% over five years. Homeowners here pay a median 1.28% of their home's value in property tax each year ($2,213 on the typical home), versus 1.32% statewide.
Mortgage on the typical Parmer County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $34,679 | $138,714 | $933 | $0 | $271 | $1,204 | $51,600 |
| 10% down | $17,339 | $156,054 | $1,050 | $65 | $271 | $1,386 | $59,400 |
| 5% down | $8,670 | $164,723 | $1,108 | $69 | $271 | $1,448 | $62,000 |
| 3.5% down (FHA) | $6,069 | $170,252 | $1,145 | $77 | $271 | $1,493 | $64,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.28% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Texas.
Texas counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Willacy County | $173,352 | -3.2% | 1.68% |
| Tyler County | $172,727 | +2.4% | 0.89% |
| Deaf Smith County | $172,414 | -1.8% | 1.48% |
| Limestone County | $174,480 | -2.1% | 1.19% |
| Polk County | $174,922 | -4.6% | 0.9% |
| Hemphill County | $171,727 | +11.7% | 1.16% |
| Red River County | $170,667 | +10.4% | 1.01% |
| Jefferson County | $176,616 | +4.1% | 1.53% |
| Sterling County | $176,839 | -2.8% | 1.29% |
| Wichita County | $169,452 | +2.1% | 1.64% |
Frequently asked questions
What is the average home price in Parmer County, TX?
The typical home value in Parmer County is $173,393 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Parmer County?
About $51,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Parmer County?
The median effective rate is 1.28% of home value a year (Census ACS 2024 5-year estimates).