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East Central Reporter

Wednesday, April 24, 2024

Palestine home prices rise in December 2018

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The median sale price of a home sold in December 2018 in Palestine rose by $15,500 while total sales decreased by 20%, according to BlockShopper.com.

In December 2018, there were four homes sold, with a median sale price of $50,500 - a 44.3% increase over the $35,000 median sale price for the same period of the previous year. There were five homes sold in Palestine in December 2017.

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 December 2018.

The following table compares Palestine to other Crawford County cities in December 2018:

CityDec. 2018 Home SalesDec. 2017 Home Sales% change (Total Home Sales)Dec. 2018 Median Sales PriceDec. 2017 Median Sales Price% change (Median Sales Price)
Hutsonville10-$98,500$0-
Oblong110%$80,000$52,00053.8%
Palestine45-20%$50,500$35,00044.3%
Robinson913-30.8%$42,400$93,000-54.4%
Annapolis00-$0$0-
Flat Rock01-100%$0$32,000-100%

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