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East Central Reporter

Saturday, April 20, 2024

Palestine home prices rise in February 2017

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The median sale price of a home sold in February 2017 in Palestine rose by $128,500 while total sales increased by 50%, according to BlockShopper.com.

In February 2017, there were three homes sold, with a median sale price of $177,000 - a 264.9% increase over the $48,500 median sale price for the same period of the previous year. There were two homes sold in Palestine in February 2016.

The median sales tax in Palestine for the most recent year with available data, 2016, was $1,137, approximately 0.6% of the median home sale price for February 2017.

The following table compares Palestine to other Crawford County cities in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Palestine3250%$177,000$48,500264.9%
Hutsonville20-$92,950$0-
Robinson915-40%$80,000$108,800-26.5%
Oblong20-$73,750$0-
Flat Rock110%$11,000$9,00022.2%
Annapolis00-$0$0-

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