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East Central Reporter

Saturday, November 23, 2024

Palestine home prices rise in October 2017

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The median sale price of a home sold in October 2017 in Palestine rose by $51,250 while total sales increased by 25%, according to BlockShopper.com.

In October 2017, there were five homes sold, with a median sale price of $80,000 - a 178.3% increase over the $28,750 median sale price for the same period of the previous year. There were four homes sold in Palestine in October 2016.

The median sales tax in Palestine for the most recent year with available data, 2016, was $1,137, approximately 1.4% of the median home sale price for October 2017.

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

CityOct. 2017 Home SalesOct. 2016 Home Sales% change (Total Home Sales)Oct. 2017 Median Sales PriceOct. 2016 Median Sales Price% change (Median Sales Price)
Palestine5425%$80,000$28,750178.3%
Robinson1314-7.1%$74,000$70,2505.3%
Oblong31200%$41,000$18,000127.8%
Flat Rock10-$40,000$0-
Hutsonville00-$0$0-
Annapolis01-100%$0$72,500-100%

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