From July to September, 11 homes sold in Palestine for a median price of $58,500. That's 5.4 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, there were no foreclosures in Palestine.
Median property tax for homeowners in Palestine was $503.81 in 2016 according to tax data from that year. That means homeowners pay 2.7 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: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
7
$52,650
-
2010
5
$51,300
-2.6%
2011
8
$23,730
-53.7%
2012
4
$25,615
7.9%
2013
7
$56,160
119.2%
2014
9
$42,400
-24.5%
2015
10
$25,970
-38.8%
2016
11
$18,900
-27.2%
2017
27
$55,488
193.6%
2018
11
$58,500
5.4%
Median property tax
Median sale price
Effective property tax rate
2016
$503.81
$18,900
2.7%
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