From October through December of 2017, there were 15 homes sold, with a median sale price of $39,000 - a 12.3% decrease over the $44,450 median sale price for the same period of the previous year. There were eight homes sold in Palestine in the fourth quarter of 2016.
The median sales tax in Palestine for the most recent year with available data, 2016, was $1,137, approximately 2.9% of the median home sale price for the fourth quarter of 2017.
The following table compares Palestine to other Crawford County cities in the fourth quarter of 2017:
| City | Oct. - Dec. 2017 Home Sales | Oct. - Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. - Dec. 2017 Median Sales Price | Oct. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hutsonville | 1 | 1 | 0% | $115,500 | $35,500 | 225.4% |
| Robinson | 39 | 52 | -25% | $78,000 | $65,750 | 18.6% |
| Annapolis | 2 | 2 | 0% | $74,000 | $41,250 | 79.4% |
| Oblong | 5 | 5 | 0% | $41,000 | $18,000 | 127.8% |
| Palestine | 15 | 8 | 87.5% | $39,000 | $44,450 | -12.3% |
| Flat Rock | 3 | 2 | 50% | $32,000 | $4,250 | 652.9% |
Alerts Sign-up