Palestine, TX

Buyer's market+87.9% YoY

Housing market overview · Updated weekly

$230,000median sale price

Homes sold

11

Last 12 weeks

Days on market

108

Average pace

Active listings

96

8.7 months supply

Sale-to-list

89.9%

Below asking

The Palestine housing market is currently classified as a buyer's market with a median sale price of $230,000. Prices have risen 87.9% compared to last year, with homes spending an average of 108 days on market, indicating 8.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Palestine

There are currently 96 homes listed for sale in Palestine, Texas. The median listing price is $225K.

Active listings

96

Homes on market

Median list price

$225K

Avg. days on market

108

Days until sale

New this week

22

Newly listed

Price drops:24.0%of listings
Sale-to-list:89.9%

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Frequently asked questions

What is the average home price in Palestine?

The median home sale price in Palestine is $230,000, up 87.9% from last year.

How long do homes stay on market in Palestine?

Homes typically spend 108 days on market before going under contract.

Is Palestine a buyer's or seller's market?

With 8.7 months of supply, Palestine is currently a buyer's market.

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