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East Central Reporter

Tuesday, November 5, 2024

Palestine home prices rise in August 2017

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The median sale price of a home sold in August 2017 in Palestine rose by $34,450 while total sales increased by 50%, according to BlockShopper.com.

In August 2017, there were six homes sold, with a median sale price of $67,200 - a 105.2% increase over the $32,750 median sale price for the same period of the previous year. There were four homes sold in Palestine in August 2016.

The median sales tax in Palestine for the most recent year with available data, 2016, was $1,137, approximately 1.7% of the median home sale price for August 2017.

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

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Flat Rock110%$112,500$42,000167.9%
Hutsonville21100%$86,500$87,000-0.6%
Robinson4818166.7%$75,900$65,00016.8%
Palestine6450%$67,200$32,750105.2%
Oblong13785.7%$40,000$66,500-39.8%
Annapolis00-$0$0-

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