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East Central Reporter

Saturday, July 26, 2025

Palestine home prices fall in May 2020

Webp re 4

The median sale price of a home sold in May 2020 in Palestine fell by $121,500 while total sales increased by 50%, according to BlockShopper.com.

In May 2020, there were three homes sold, with a median sale price of $12,000 - a 91% decrease over the $133,500 median sale price for the same period of the previous year. There were two homes sold in Palestine in May 2019.

The median sales tax in Palestine for the most recent year with available data, 2019, was $1,117, approximately 9.3% of the median home sale price for May 2020.

The following table compares Palestine to other Crawford County cities in May 2020:

CityMay 2020 Home SalesMay 2019 Home Sales% change (Total Home Sales)May 2020 Median Sales PriceMay 2019 Median Sales Price% change (Median Sales Price)
Oblong330%$72,800$25,000191.2%
Robinson1114-21.4%$65,000$86,500-24.9%
Hutsonville20-$55,312$0-
Palestine3250%$12,000$133,500-91%
Annapolis00-$0$0-
Flat Rock00-$0$0-

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