Photo: TourismPTX · CC BY-SA 4.0179 homes sold in Palestine in the last year, at a typical $198K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Palestine homes are listed.
Every place Palestine homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Palestine.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Palestine’s sales, at a typical $198K
179 homes sold in the year to May 2026.
typical sale · 179 sold in 12 months
- Per square foot
- $118TX $173
- Days to sell
- 76
- Sold over asking
- 0%
- Listings with a price cut
- 27%
About as many homes sell as usual, at 1.8 times the 2016 price
179 sales in the last year, against 237 in 2022 and a low of 158 in 2025. The typical sale went from $110K in 2016 to $198K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Palestine
Check a listing against what Palestine homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Palestine are back to pre-pandemic levels, and more homes are for sale
We read every month of Palestine’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 179 sales.
If you’re buying in Palestine
- Shop in May. It brings about 22 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- You can negotiate. 27% of listings have cut their price, against 2% before the pandemic.
- Offer under asking. Buyers paid 88% of the list price on average; 0% paid over.
- You’ll usually have time. Only 16% of homes go under contract within two weeks; the typical one takes 76 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 24 a month), but July is the most competitive: 2% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (1%). January has the least competition (0%) but only about 14 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Texas
| Palestine now | 2017–19 | 2021 peak | TX now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 0% | 3% | 12% |
| Gone within two weeksShare of homes under contract within 14 days | 16% | 2% | 8% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 27% | 2% | 4% | 30% |
| Price paid vs. askingAverage sale price ÷ list price | 88% | 92% | 97.3% | 96.9% |
| Days to sellMedian days from listing to contract | 76 | 83 | 62 | 71 |
98 homes for sale on a typical day
That’s 2.2 times the 2020 low (44) and 66% more than in 2017–19.
1 in 4 listings has cut its price
27% in the last year, against 2% in 2017–19 and 30% across Texas. More sellers are pricing high and coming down.
Palestine ranks 352nd of 372 busy Texas markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Palestine is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Palestine home costs about $1,230 a month
Price: Palestine’s typical sale, last 12 months. Property tax at Palestine’s 1.2% (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.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 13.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $198K home, about $2,360 a year.
Taxes vs. neighborsSchools
The schools grade for Palestine, from test results, graduation and how much students grow.
Schools in PalestineTypical commute
The average one-way trip to work for people who live in Palestine.
Work & commuteCheck 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 hazardsLook 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.
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, TX?
179 homes sold in the year to May 2026 at a typical $198K, $118 a square foot.
Is Palestine a buyer’s or seller’s market?
A balanced market: 90 homes were for sale in May 2026 and 22 sold, about 4.1 months of supply. Buyers paid 88% of asking on average, and 27% of listings cut their price.
When is the best time to buy in Palestine?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Palestine?
About 1.2% of a home’s value a year. On a $198K home that’s near $2,360.
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).