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Palestine AR 002Photo: Thomas R Machnitzki ([email protected]) · CC BY 3.0
Housing in Palestine

1 home sold in Palestine in the last year, at a typical $220K

Almost every sale is a house. Below: a shortcut to every site where Palestine homes are listed.

Homes sold
1
May 2025 to April 2026
Typical sale price
$220K
median, weighted by sales
Price per square foot
$63
Arkansas $157
Paid vs. asking
80%
0% sold over asking
Rent or buy?

Owning the typical Palestine home costs about $1,265 a month

Mortgage
Property tax
Insurance
Rent

Price: Palestine’s typical sale, last 12 months. Property tax at Palestine’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Palestine is affordable on local pay is on Cost of living.

Before you buy in Palestine

Four things worth knowing

0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $220K home, about $1,410 a year.

Taxes vs. neighbors
14 min

Typical commute

The average one-way trip to work for people who live in Palestine.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Palestine, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Palestine. People who follow the town see it, and so do people comparing Palestine with their own town. No commission, no listing fee.

Questions about buying a home in Palestine

What do homes sell for in Palestine, AR?

1 homes sold in the year to April 2026 at a typical $220K, $63 a square foot.

How much are property taxes in Palestine?

About 0.6% of a home’s value a year. On a $220K home that’s near $1,410.

Where can I see homes for sale in Palestine?

Zillow, Redfin, Realtor.com and Homes.com all carry Palestine’s MLS listings; the search links above open each one filtered to Palestine.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).