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:
City | Jan. - Mar. 2019 Home Sales | Jan. - Mar. 2018 Home Sales | % change (Total Home Sales) | Jan. - Mar. 2019 Median Sales Price | Jan. - Mar. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Robinson | 24 | 30 | -20% | $102,500 | $79,250 | 29.3% |
Oblong | 4 | 8 | -50% | $82,500 | $45,125 | 82.8% |
Palestine | 6 | 5 | 20% | $52,000 | $32,500 | 60% |
Flat Rock | 1 | 0 | - | $16,000 | $0 | - |
Hutsonville | 1 | 0 | - | $10,500 | $0 | - |
Annapolis | 0 | 4 | -100% | $0 | $50,500 | -100% |