Housing in Palestine, AR

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — April 2025

Median Sale Price

$20,000

Median List Price

N/A

Price Per Sq Ft

$15

Days on Market

20

Active Inventory

N/A

Zillow Home Value

$122,671

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price ↓ 85.7%Nov 24 → Apr 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

66.7%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

1

Homes Sold ↑ 0.0%Pending ↑ 0.0%Nov 24 → Apr 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$15

Sale $/SF ↓ 85.3%Nov 24 → Apr 25

Palestine vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Palestine is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$57,600

Median Rent

$663

Total Housing Units

274

Vacancy Rate

8.4%

Owner Occupied

69.7%

Renter Occupied

30.3%

Median Property Tax

$375

per year

Monthly Cost (w/ Mortgage)

$387

Housing Types

Single Family
65.7%
Multi-Family
16.8%
Mobile Home
17.5%

The current median sale price in Palestine, AR is $20,000 according to Redfin data. Homes spend a median of 20 days on the market. 0.0% of homes sold above asking price. The median price per square foot is $15. The median rent is $663 per month (Census ACS). About 69.7% of housing units are owner-occupied. The median year homes were built is 1986. There are 274 total housing units.