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East Central Reporter

Friday, May 3, 2024

March 2021: Palestine experienced a 11.8% increase in median home prices

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The median sale price of a home sold in March 2021 in Palestine rose by $9,000 while total sales increased by 66.7%, according to BlockShopper.com.

In March 2021, there were five homes sold, with a median sale price of $85,000 - a 11.8% increase over the $76,000 median sale price for the same period of the previous year. There were three homes sold in Palestine in March 2020.

The median sales tax in Palestine for the most recent year with available data, 2019, was $1,117, approximately 1.3% of the median home sale price for March 2021.

The following table compares Palestine to other Crawford County cities in March 2021:

CityMar. 2021 Home SalesMar. 2020 Home Sales% change (Total Home Sales)Mar. 2021 Median Sales PriceMar. 2020 Median Sales Price% change (Median Sales Price)
Hutsonville42100%$138,200$56,000146.8%
Palestine5366.7%$85,000$76,00011.8%
Robinson161060%$79,950$71,50011.8%
Annapolis10-$75,000$0-
Oblong23-33.3%$19,000$74,500-74.5%
Flat Rock00-$0$0-

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