From April to June, 4 homes sold in Palestine for a median price of $44,000. That's 3.9 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Palestine.
Median property tax for homeowners in Palestine was $910.44 in 2016 according to tax data from that year. That means homeowners pay 2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Palestine real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
6
$23,985
-
2010
12
$66,120
175.7%
2011
8
$57,630
-12.8%
2012
4
$49,868
-13.5%
2013
6
$19,116
-61.7%
2014
11
$28,620
49.7%
2015
10
$54,325
89.8%
2016
9
$44,625
-17.9%
2017
22
$42,330
-5.1%
2018
4
$44,000
3.9%
Median property tax
Median sale price
Effective property tax rate
2016
$910.44
$44,625
2%
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