Metropolitan market · Texas · June 2026 data

Palestine Real Estate Market

As of June 2026, the median home listed in Palestine, TX asks $294,500 — up 3.3% year over year. Homes sell in a median of 82 days, with 201 active listings and 21% carrying a price cut — a buyer-leaning market. Figures come from public records and industry data, updated monthly.

Median listing price
$294,500
▲ 3.3% YoY
Median $ / sq ft
$147
1,905 sq ft median
Median days on market
82
June 2026
Active listings
201
For sale now
New listings
46
June 2026
Listings with price cuts
21%
Share of active
Median sale price (closed)
$215,000
▼ 23.2% YoY · closed sales
Sale-to-list ratio
91.0%
Closed sales
Homes sold / month
42
Closed sales

Palestine housing market statistics

The table summarizes Palestine's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Palestine, TX housing market at a glance — June 2026
MetricLatestDetail
Median listing price$294,500+3.3% YoY
Median price per sq ft$1471,905 sq ft median
Median days on market82+9% YoY
Active listings201-6% YoY
New listings this month46June 2026
Listings with a price cut21%Share of active
Median sale price (closed)$215,000-23.2% YoY
Sale-to-list ratio91.0%Closed sales

How have home prices changed in Palestine?

Palestine home prices are up 3.3% year over year and +4.4% month over month as of June 2026, at a $294,500 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$294K$282K$270K$258K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

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

The 10-year view
$294K$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 201 active listings, 46 new this month, 26 pending as of June 2026. About 21% of active listings have cut their price, and inventory sits at 112% of its 2019 level — a buyer-leaning market by pace.

Active listings
201
New this month
46
Pending
26
Price-reduced
42

Is Palestine a good real estate investment?

Palestine scores 43/100 on WealthyBud's composite Investor Score, ranking #613 of 932 covered U.S. metros as of June 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
43/100
#613 of 932 covered metros
12-month outlook
-0.5%
Flat · model output, not advice
Momentum
58
Value
53
Rental yield
58
Supply risk
73
Market heat
6

Palestine scores 43/100 on our composite Investor Score (#613 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 112% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 3.3% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

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 $294,500 median listing runs about $1,478 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$1,327/mo
−$151/mo vs today
At today's rate · 6.43%
$1,478/mo
National weekly average
If rates rise 1% · 7.43%
$1,636/mo
+$158/mo vs today

Principal & interest on the $294,500 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

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 June 2026, the median listing price in Palestine, TX is $294,500, up 3.3% 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 $294,500 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $1,478 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Palestine?
The median property in Palestine spends 82 days on the market, with 201 homes actively listed and 21% of them carrying a price cut — a buyer-leaning market by pace as of June 2026.
Is it a buyer's or seller's market in Palestine?
With a median 82 days on market and 21% of active listings carrying a price cut, Palestine reads as a buyer-leaning market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Palestine a good place to invest in real estate?
Palestine scores 43/100 on WealthyBud's Investor Score, ranking #613 of 932 covered U.S. metros as of June 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, June 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.

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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.