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East Central Reporter

Saturday, November 23, 2024

Palestine home prices rise in September 2017

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The median sale price of a home sold in September 2017 in Palestine rose by $8,750 while total sales increased by 66.7%, according to BlockShopper.com.

In September 2017, there were five homes sold, with a median sale price of $51,750 - a 20.3% increase over the $43,000 median sale price for the same period of the previous year. There were three homes sold in Palestine in September 2016.

The median sales tax in Palestine for the most recent year with available data, 2016, was $1,137, approximately 2.2% of the median home sale price for September 2017.

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

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Robinson17166.3%$119,000$61,55093.3%
Palestine5366.7%$51,750$43,00020.3%
Oblong34-25%$50,000$56,000-10.7%
Hutsonville00-$0$0-
Annapolis00-$0$0-
Flat Rock01-100%$0$175,000-100%

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