Zip 75803 (Palestine, TX) Housing

The housing market in Palestine, TX (zip code 75803) is quite strong. According to data released as of 2021, the median value for a house in this area is $181,900. This is significantly less than the US median value of $338,100. One year appreciation has been 16.22%, much higher than the US average of 8.27%. This shows that the demand for housing in this area provides stable and growing returns, making it an attractive investment opportunity for those looking to purchase a property in this region.

The median home cost in Palestine (zip 75803) is $181,900. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Palestine (zip 75803) is up 19.7%.

Average Age of Homes

- The median age of Palestine (zip 75803) real estate is 34 years old

The Rental Market in Palestine (zip 75803)

- Renters make up 23.8% of the Palestine (zip 75803) population
- 1.1% of houses and apartments in Palestine (zip 75803), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Palestine, Texas	United States
	7,004.0	139,647,020.0
	37	42
	$181,900	$338,100
	19.7%	16.6%
	63.7%	57.0%
	99.0%	101.1%
	$11.33	$10.98
	$1,528	$2,690
	59.4%	57.4%
	16.5%	11.2%
	24.1%	31.4%
Vacant Housing
	1.1%	1.9%
	0.5%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	4.8%	3.6%
	9.2%	4.1%
Value of Owner-Occupied Housing
	5.7%	2.6%
	9.0%	2.4%
	4.7%	2.8%
	11.8%	3.9%
	7.3%	4.5%
	15.5%	11.3%
	21.0%	13.0%
	18.9%	20.1%
	4.4%	13.6%
	0.4%	8.3%
	0.9%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.3%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	16.3%	13.6%
	16.3%	13.6%
	10.4%	13.6%
	24.7%	13.2%
	14.9%	14.8%
	10.4%	13.6%
	5.0%	10.0%
	2.1%	4.7%
	6.7%	12.2%

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