Palestine home prices rise in the first half of 2020

Medium realestate1

The median sale price of a home sold in the first half of 2020 in Palestine rose by $5,000 while total sales increased by 69.2%, according to

From January through June of 2020, there were 22 homes sold, with a median sale price of $57,000 - a 9.6% increase over the $52,000 median sale price for the same period of the previous year. There were 13 homes sold in Palestine in the first half of 2019.

The median sales tax in Palestine for the most recent year with available data, 2019, was $1,117, approximately 2% of the median home sale price for the first half of 2020.

The following table compares Palestine to other Crawford County cities in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Flat Rock110%$38,000$16,000137.5%

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