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East Central Reporter

Sunday, November 24, 2024

Palestine home prices fell in April

Realestate077

The median sale price of a home sold in April in Palestine fell by $4,500 while total sales remained unchanged with two homes sold, according to BlockShopper.com.

In April, there were two homes sold, with a median sale price of $68,500 - a 6.2 percent decrease from the $73,000 median sale price for the same period of the previous year. There were two homes sold in Palestine in April 2021, as well.

The median sales tax in Palestine for the most recent year with available data, 2019, was $1,117, approximately 1.6 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Oblong25-60$81,750$14,400467.7
Palestine220$68,500$73,000-6.2
Robinson221546.7$64,940$80,000-18.8
Hutsonville20-$56,250$0-
Annapolis00-$0$0-
Flat Rock00-$0$0-

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