Palestine, TX Foreclosures
How much do homes sell for in Palestine, TX?
The average home price is currently $230,238.
In Palestine, TX, how many homes are available?
There are currently 42 active home listings available in Palestine.
What’s the average rental cost in Palestine, TX?
The average rental price in Palestine is $1,052.
What is the most expensive home in Palestine?
The most expensive home sold in Palestine had a price of $7,670,251.
What is currently the cheapest priced home in Palestine, TX?
The cheapest home for sale in Palestine is priced at $11,657.
Living in Palestine, TX
Palestine, TX is a friendly small town with a rich history and a vibrant community life. Known for its antique shopping and outdoor activities, it offers residents a warm atmosphere with plenty of recreational areas. With good schools and local events, Palestine brings together a sense of community and southern charm.
Current Market Conditions in Palestine, TX
The real estate market in Palestine, TX, has seen a steady growth in recent months, with an increase in demand for homes as more people seek the charm of smaller towns. As the market diversifies, prices are gradually rising, albeit remaining affordable compared to larger urban areas. Investors are particularly interested in properties due to this upward trend and the potential for appreciation in value.
Historically, Palestine's housing market remains stable due to a balanced demand and supply. The current market conditions indicate a healthy competition among buyers, making it a favorable time for sellers to list their homes, while first-time buyers might find opportunities in the affordable price range.
Home Value Estimator For Palestine, TX
There are currently 11,180 real estate properties
in Palestine, TX,
with a median automated valuation model (AVM) price
of $176,664.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Palestine, TX, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Palestine, TX,
is $230,238.00, with the most expensive house
in Palestine, TX, topping out
at $7,670,251.00 and the cheapest home
in Palestine, TX,
clocking in at $11,657.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Palestine, TX!
Rent Prices
In Palestine, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Palestine, TX, is on
a rollercoaster ride. The
average rent price in Palestine, TX,
is $1,052.00. Indeed, when looking to rent in
Palestine, TX, you can expect to pay as little
as $500.00 or as much
as $2,560.00,
with the average rent median estimated to
be $1,010.00. The good news is that finding
an affordable and desirable property to rent in Palestine, TX
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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