Housing in Palestine, TX
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$160,000
Median List Price
$169,500
Price Per Sq Ft
$113
Days on Market
92
Active Inventory
94
Months of Supply
10.4
Buyer's market
Zillow Home Value
$185,234
ZHVI — January 2026
Zillow Rent Index
$1,377
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
13.6%
Market Activity
Source: RedfinHomes Sold
9
New Listings
21
Pending Sales
22
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$113
Median List $/SF
$124
Palestine vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 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
$153,400
Median Rent
$1,032
Total Housing Units
7,891
Vacancy Rate
12.2%
Owner Occupied
54.7%
Renter Occupied
45.3%
Median Property Tax
$2,099
per year
Monthly Cost (w/ Mortgage)
$1,031
Housing Types
The current median sale price in Palestine, TX is $160,000 according to Redfin data. Homes spend a median of 92 days on the market. 0.0% of homes sold above asking price. The market has 10.4 months of supply. The median price per square foot is $113. Zillow's observed rent index is $1,377/month. About 54.7% of housing units are owner-occupied. The median year homes were built is 1976. There are 7,891 total housing units.