January 2021: Home prices in Palestine fell

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The median sale price of a home sold in January 2021 in Palestine fell by $32,000 while total sales decreased by 28.6%, according to BlockShopper.com.

In January 2021, there were five homes sold, with a median sale price of $25,000 - a 56.1% decrease over the $57,000 median sale price for the same period of the previous year. There were seven homes sold in Palestine in January 2020.

The median sales tax in Palestine for the most recent year with available data, 2019, was $1,117, approximately 4.5% of the median home sale price for January 2021.

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

CityJan. 2021 Home SalesJan. 2020 Home Sales% change (Total Home Sales)Jan. 2021 Median Sales PriceJan. 2020 Median Sales Price% change (Median Sales Price)
Flat Rock110%$80,000$38,000110.5%

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