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East Central Reporter

Monday, May 6, 2024

Palestine median home prices fell by 22.7% in November 2021

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The median sale price of a home sold in November 2021 in Palestine fell by $10,250 while total sales increased by 16.7%, according to BlockShopper.com.

In November 2021, there were seven homes sold, with a median sale price of $35,000 - a 22.7% decrease over the $45,250 median sale price for the same period of the previous year. There were six homes sold in Palestine in November 2020.

The median sales tax in Palestine for the most recent year with available data, 2019, was $1,117, approximately 3.2% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Robinson187157.1%$86,250$83,0003.9%
Oblong42100%$55,750$85,000-34.4%
Palestine7616.7%$35,000$45,250-22.7%
Hutsonville10-$20,000$0-
Annapolis00-$0$0-
Flat Rock00-$0$0-

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