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East Central Reporter

Thursday, April 18, 2024

Palestine home prices fall in July 2019

Realestate5

The median sale price of a home sold in July 2019 in Palestine fell by $28,250 while total sales decreased by 50%, according to BlockShopper.com.

In July 2019, there were two homes sold, with a median sale price of $31,000 - a 47.7% decrease over the $59,250 median sale price for the same period of the previous year. There were four homes sold in Palestine in July 2018.

The median sales tax in Palestine for the most recent year with available data, 2018, was $1,117, approximately 3.6% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Hutsonville110%$130,000$38,000242.1%
Robinson1618-11.1%$62,500$76,500-18.3%
Annapolis10-$36,186$0-
Oblong9812.5%$36,000$105,000-65.7%
Palestine24-50%$31,000$59,250-47.7%
Flat Rock00-$0$0-

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