The Palestine housing market is not very competitive. The median sale price of a home in Palestine was $199K last month, up 11.2% since last year. The median sale price per square foot in Palestine is $108, up 4.3% since last year.
What is the housing market like in Palestine today?
In May 2025, Palestine home prices were up 11.2% compared to last year, selling for a median price of $199K. On average, homes in Palestine sell after 91 days on the market compared to 64 days last year. There were 15 homes sold in May this year, down from 18 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$199,000
+11.2% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Palestine, TX
$199,000
+11.2%
United States
To compare other locations to the Palestine and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Palestine add value to a home.
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How hot is the Palestine housing market?
Palestine is not very competitive. Homes sell in 96 days.
0
100
14
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Multiple offers are rare.
The average homes sell for about 8% below list price and go pending in around 96 days.
Hot homes
can sell for around list price and go pending in around 50 days.
All Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List PriceAll Home Types
Data for this home type is limited in this area,
and should not be used for market analysis or forecasting.
Sale-to-List Price
(All Home Types)
90.1%
-5.7 pt YoY | Mar 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
--
Growth
% YoY
Palestine, TX
--
--
United States
Palestine Migration & Relocation Trends
No data on migration and relocation available in this area right now
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palestine housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palestine.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palestine has a minor risk of flooding. 550 properties in Palestine are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Palestine. Flood risk is increasing slower than the national average.
98% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palestine has a moderate risk of wildfire. There are 9,310 properties in Palestine that have some risk of being affected by wildfire over the next 30 years. This represents 98% of all properties in Palestine.
66% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Palestine has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palestine is most at risk from hurricanes. 6,256 properties in Palestine have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 102 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 111 mph.