Metropolitan market · Texas · September 2026 data

What is the Palestine, TX real estate market doing?

As of September 2026, the median home listed in Palestine, TX asks $289,675, up 17.6% year over year. Homes spend a median of 89 days on market, with 184 active listings and 21% carrying a price cut; pending contracts equal 16% of active listings, and inventory sits at 126% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.

Median listing price
$289,675
▲ 17.6% YoY
Median $ / sq ft
$144
1,893 sq ft median
Median days on market
89
September 2026
Active listings
184
For sale now
New listings
40
September 2026
Listings with price cuts
21%
Share of active
Inventory vs 2019
126%
Same month, 2019 = 100
Pending / active
16%
Contract activity
Median sale price (closed)
$212,500
▼ 16.7% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
26
Closed sales · July 2026, seasonally adjusted

What is the Palestine, TX housing market doing right now?

The Palestine, TX housing market lists at a $289,675 median as of September 2026, up 17.6% year over year, with an 89-day median market time and 184 homes for sale (21% with a price cut). Active inventory is 126% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.

Palestine housing market statistics

The table summarizes Palestine's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Palestine.

Palestine, TX housing market at a glance — September 2026
MetricLatestDetail
Median listing price$289,675+17.6% YoY
Median price per sq ft$1441,893 sq ft median
Median days on market89+16% YoY
Active listings184-13% YoY
New listings this month40September 2026
Listings with a price cut21%Share of active
Median sale price (closed)$212,500-16.7% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio16.4%30 pending
Inventory vs 2019126%Active listings vs same month in 2019

How have home prices changed in Palestine?

Palestine home prices are up 17.6% year over year and -3.4% month over month as of September 2026, at a $289,675 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$293K$282K$270K$258K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Palestine TX · trailing 8 quarters · source: public records and industry data.

The 10-year view
$293K$258K$222K$186K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Palestine TX · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Palestine?

Palestine has 184 active listings, 40 new this month, 30 pending as of September 2026. About 21% of active listings have cut their price, and inventory sits at 126% of its 2019 level — a buyer's market by pace.

Active listings
184
New this month
40
Pending
30
Price-reduced
38

Is Palestine a good real estate investment?

Palestine scores 40/100 on WealthyBud's composite Investor Score, ranking #659 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
40/100
#659 of 933 covered metros
12-month outlook
-1.5%
Flat · model output, not advice
Momentum
52
Value
51
Rental yield
57
Supply risk
79
Market heat
9

Palestine scores 40/100 on our composite Investor Score (#659 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 126% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 17.6% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Palestine ranks on the trending markets index.

How much is a monthly mortgage payment in Palestine?

A home at Palestine's $289,675 median listing runs about $1,586 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,431/mo
−$154/mo vs today
At today's rate · 7.28%
$1,586/mo
National weekly average
If rates rise 1% · 8.28%
$1,746/mo
+$160/mo vs today

Principal & interest on the $289,675 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Palestine?

To buy Palestine’s $289,675 median listing with 20% down, a household needs about $78,000 a year in gross income, keeping principal, interest and property tax ($1,820/mo) at 28% of income. That is 1.3× the area’s $58,846 median household income, so a typical Palestine household cannot afford the median listing on these terms.

Income needed to buy the median home in Palestine, TX — September 2026
ItemAmountBasis
Median listing price$289,675September 2026
Down payment (20%)$57,935Assumption
Principal & interest (7.28%, 30-yr fixed)$1,586/moRate as of 2026-10-01
Property tax (0.97% effective rate)$234/moCensus ACS
Income needed (28% rule)$78,000Gross household income / yr
Median household income$58,846Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Palestine housing market?

Longer-run demand in Palestine shows up in 13 homes permitted in 2025; net migration of +253 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
13
▼ 55.2% vs 2024
0.2 per 1,000 residents
Net migration (2022–2023)
+253
▲ people, via tax-return records
net income flow +$9.58M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Palestine housing market FAQ

What is the median home price in Palestine?
As of September 2026, the median listing price in Palestine, TX is $289,675, up 17.6% year over year (source: public records and industry data). Figures cover the Palestine, TX metro area.
How much does it cost to buy a home in Palestine?
The median home listed in Palestine asks $289,675 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,586 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Palestine?
The median property in Palestine spends 89 days on the market, with 184 homes actively listed and 21% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Palestine?
With a median 89 days on market and 21% of active listings carrying a price cut, pending contracts at 16% of active listings, Palestine reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Palestine a good place to invest in real estate?
Palestine scores 40/100 on WealthyBud's Investor Score, ranking #659 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Palestine?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Palestine and the wider Texas market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Palestine, TX metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Texas housing markets

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.