Palestine, TX is an attractive location for homeowners looking to purchase property. The median value of homes in this area is $166,400, which is much lower than the US median house value of $338,100. Furthermore, the one-year appreciation rate of houses in Palestine is 16.22%, more than double the US average appreciation rate of 8.27%. This makes it a great option for those looking to build equity and increase their net worth through real estate investments.
The median home cost in Palestine is $166,400. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Palestine is up 19.7%.
Average Age of Homes
- The median age of Palestine real estate is 46 years old
The Rental Market in Palestine
- Renters make up 32.6% of the Palestine population
- 1.8% 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.