Home prices
The median home in Paloma Creek is valued at $192,800. In comparison to nearby areas it is roughly $52,920 (21%) lower.It is about $24,700 (11%) lower in comparison to the nation as a whole, and compared to the city of Dallas it is about $4,700 (2%) higher.
Rents
In Paloma Creek the median rent is $1,815 a month. This is approximately $71 (4%) higher in comparison to its surrounding areas.It is about $753 (70%) higher compared to the nation as a whole, and in comparison to the city of Dallas it is about $763 (72%) higher.
Nearby places
Little Elm
Little Elm is Paloma Creek's neighbor to the south. The housing prices there are a little more expensive. The median home in Little Elm costs $255,200, which comes out to $62,400 (24%) higher than Paloma Creek. The rent there is somewhat less expensive. The median rent in Little Elm is $1,660 a month, which is $155 (9%) lower than Paloma Creek.
Paloma Creek South
Paloma Creek South is about 1 mile south of Paloma Creek. Real estate prices there are a little more expensive. The median home in Paloma Creek South costs $246,100, which is $53,300 (21%) higher than Paloma Creek. Rent there is pretty similar. Paloma Creek South's median rent is $1,833 a month, which is very similar to Paloma Creek.
Providence Village
Providence Village is about 1 mile northwest from Paloma Creek. Real estate prices there are a bit more expensive. The median home in Providence Village costs $213,700, which works out to $20,900 (9%) higher than Paloma Creek. Rent there is somewhat less expensive. Providence Village's median rent is $1,727 a month, which comes out to $88 (5%) lower than Paloma Creek.
Savannah
Savannah is about 1 mile east from Paloma Creek. Real estate prices there are somewhat more expensive. The median home in Savannah is valued at $238,700, which is $45,900 (19%) higher than Paloma Creek. Its rents are fairly similar. The median monthly rent in Savannah is $1,733, which is $82 (4%) lower than Paloma Creek.
Oak Point
Oak Point is approximately 4 miles southwest from Paloma Creek. The real estate prices there are somewhat more expensive. The cost of the median home in Oak Point is $274,900, which is $82,100 (29%) higher than Paloma Creek. Rents there are similar. In Oak Point the median rent is $1,766 per month, which works out to $49 (2%) lower than Paloma Creek.
