From July through December of 2017, there were 42 homes sold, with a median sale price of $49,875 - a 42.5% increase over the $35,000 median sale price for the same period of the previous year. There were 19 homes sold in Palestine in the second half of 2016.
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 the second half of 2017.
The following table compares Palestine to other Crawford County cities in the second half of 2017:
City | July - Dec. 2017 Home Sales | July - Dec. 2016 Home Sales | % change (Total Home Sales) | July - Dec. 2017 Median Sales Price | July - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Robinson | 175 | 104 | 68.3% | $79,500 | $70,250 | 13.2% |
Annapolis | 2 | 2 | 0% | $74,000 | $41,250 | 79.4% |
Hutsonville | 5 | 2 | 150% | $65,000 | $61,250 | 6.1% |
Palestine | 42 | 19 | 121.1% | $49,875 | $35,000 | 42.5% |
Oblong | 41 | 21 | 95.2% | $41,000 | $46,500 | -11.8% |
Flat Rock | 5 | 4 | 25% | $40,000 | $23,500 | 70.2% |