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East Central Reporter

Saturday, May 18, 2024

Home prices decreased in Palestine during August 2021

Realestate5

The median sale price of a home sold in August 2021 in Palestine fell by $35,500 while total sales increased by 33.3%, according to BlockShopper.com.

In August 2021, there were four homes sold, with a median sale price of $19,500 - a 64.5% decrease over the $55,000 median sale price for the same period of the previous year. There were three homes sold in Palestine in August 2020.

The median sales tax in Palestine for the most recent year with available data, 2019, was $1,117, approximately 5.7% of the median home sale price for August 2021.

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

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Robinson2510150%$89,000$89,500-0.6%
Hutsonville10-$33,000$0-
Oblong39-66.7%$22,000$96,000-77.1%
Palestine4333.3%$19,500$55,000-64.5%
Annapolis00-$0$0-
Flat Rock01-100%$0$86,000-100%

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