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East Central Reporter

Wednesday, May 8, 2024

Palestine home prices rise in May 2017

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The median sale price of a home sold in May 2017 in Palestine rose by $32,750 while total sales decreased by 50%, according to BlockShopper.com.

In May 2017, there were two homes sold, with a median sale price of $48,750 - a 204.7% increase over the $16,000 median sale price for the same period of the previous year. There were four homes sold in Palestine in May 2016.

The median sales tax in Palestine for the most recent year with available data, 2016, was $1,137, approximately 2.3% of the median home sale price for May 2017.

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

CityMay 2017 Home SalesMay 2016 Home Sales% change (Total Home Sales)May 2017 Median Sales PriceMay 2016 Median Sales Price% change (Median Sales Price)
Robinson171421.4%$63,500$66,250-4.2%
Palestine24-50%$48,750$16,000204.7%
Oblong42100%$48,000$136,500-64.8%
Hutsonville01-100%$0$55,000-100%
Annapolis00-$0$0-
Flat Rock00-$0$0-

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