The housing market in Palestine, OH is very strong, with a median value of $96,800. This is significantly lower than the US median value of $338,100. In the past year, house appreciation has been 8.27% nationally, but 11.90% in Palestine, OH. This higher rate of appreciation shows that the housing market in Palestine is growing at a faster rate than the national average. The strength in this local housing market indicates great potential for investment and growth in Palestine.
The median home cost in Palestine is $96,800. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Palestine is up 13.0%.
Average Age of Homes
- The median age of Palestine real estate is 78 years old
The Rental Market in Palestine
- Renters make up 24.1% of the Palestine population
- 0.0% of houses and apartments in Palestine, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.