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East Central Reporter

Wednesday, November 27, 2024

Palestine home prices fall in March 2019

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The median sale price of a home sold in March 2019 in Palestine fell by $28,975 while total sales increased by 50%, according to BlockShopper.com.

In March 2019, there were three homes sold, with a median sale price of $62,275 - a 31.8% decrease over the $91,250 median sale price for the same period of the previous year. There were two homes sold in Palestine in March 2018.

The median sales tax in Palestine for the most recent year with available data, 2016, was $1,137, approximately 1.8% of the median home sale price for March 2019.

The following table compares Palestine to other Crawford County cities in March 2019:

CityMar. 2019 Home SalesMar. 2018 Home Sales% change (Total Home Sales)Mar. 2019 Median Sales PriceMar. 2018 Median Sales Price% change (Median Sales Price)
Robinson10100%$88,750$105,882-16.2%
Palestine3250%$62,275$91,250-31.8%
Oblong23-33.3%$48,000$66,250-27.5%
Hutsonville10-$10,500$0-
Annapolis00-$0$0-
Flat Rock00-$0$0-

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