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East Central Reporter

Friday, December 27, 2024

Palestine home prices rise in August 2019

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The median sale price of a home sold in August 2019 in Palestine rose by $4,050 while total sales increased by 500%, according to BlockShopper.com.

In August 2019, there were 12 homes sold, with a median sale price of $34,000 - a 13.5% increase over the $29,950 median sale price for the same period of the previous year. There were two homes sold in Palestine in August 2018.

The median sales tax in Palestine for the most recent year with available data, 2018, was $1,117, approximately 3.3% of the median home sale price for August 2019.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Robinson5515266.7%$77,000$110,000-30%
Hutsonville220%$72,000$62,50015.2%
Annapolis110%$36,186$180,000-79.9%
Oblong215320%$36,000$25,00044%
Palestine122500%$34,000$29,95013.5%
Flat Rock00-$0$0-

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