Much like nearby areas, it's a little more expensive compared to the rest of the country. Compared to the city of Dallas, it is somewhat more expensive.
Home prices
The median home in Paloma Creek South is valued at $246,100. Compared to the surrounding areas it is approximately $11,040 (4%) higher.It is about $28,600 (13%) higher compared to the entire country, and compared to the city of Dallas is roughly $58,000 (30%) higher.
Rents
Paloma Creek South's median monthly rent is $1,833. Compared to nearby areas this is roughly $93 (5%) higher.In comparison to the entire country it is about $771 (72%) higher, and is approximately $781 (74%) higher in comparison to the city of Dallas.
Nearby places
Little Elm
Little Elm is Paloma Creek South's neighbor to the south. Its real estate prices are fairly similar. The median home in Little Elm is valued at $255,200, which is $9,100 (3%) higher than Paloma Creek South. The rent there is a little less expensive. The median rent in Little Elm is $1,660 a month, which comes out to $173 (10%) lower than Paloma Creek South.
Paloma Creek
Paloma Creek is about 1 mile north of Paloma Creek South. The real estate prices there are a little less expensive. The median home in Paloma Creek costs $192,800, which comes out to $53,300 (27%) lower than Paloma Creek South. Rent there is pretty similar. In Paloma Creek the median rent is $1,815 a month, which is very similar to Paloma Creek South.
Savannah
Savannah is approximately 1 mile northeast of Paloma Creek South. Housing prices there are similar. The median home in Savannah costs $238,700, which is $7,400 (3%) lower than Paloma Creek South. Its rents are a bit less expensive. The median rent in Savannah is $1,733 a month, which works out to $100 (5%) lower than Paloma Creek South.
Providence Village
Providence Village is approximately 2 miles northwest of Paloma Creek South. The housing prices there are a little less expensive. The price of the median home in Providence Village is $213,700, which works out to $32,400 (15%) lower than Paloma Creek South. Rents there are somewhat less expensive. The median rent in Providence Village is $1,727 per month, which works out to $106 (6%) lower than Paloma Creek South.
Oak Point
Oak Point is approximately 3 miles southwest from Paloma Creek South. Its housing prices are a bit more expensive. Oak Point's median home value is $274,900, which is $28,800 (10%) higher than Paloma Creek South. Rent there is similar. Oak Point's median monthly rent is $1,766, which is $67 (3%) lower than Paloma Creek South.
