Quantcast

East Central Reporter

Friday, November 8, 2024

Palestine home prices rise in the first quarter of 2019

Re 1

The median sale price of a home sold in the first quarter of 2019 in Palestine rose by $19,500 while total sales increased by 20%, according to BlockShopper.com.

From January through March of 2019, there were six homes sold, with a median sale price of $52,000 - a 60% increase over the $32,500 median sale price for the same period of the previous year. There were five homes sold in Palestine in the first quarter of 2018.

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 the first quarter of 2019.

The following table compares Palestine to other Crawford County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Robinson2430-20%$102,500$79,25029.3%
Oblong48-50%$82,500$45,12582.8%
Palestine6520%$52,000$32,50060%
Flat Rock10-$16,000$0-
Hutsonville10-$10,500$0-
Annapolis04-100%$0$50,500-100%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS