Palestine, TX Home Values & Market Trends

Real estate market trends reflect that there have been 328 transactions over the past year in Palestine. The median value for residential home transactions that occurred over the previous year is $175,052. The number of current listings in Palestine is 410, and the percentage of properties for sale in the city is 410.00%. Palestine, TX currently has 18 properties in foreclosure, 14 bank owned properties, 4 properties headed for auction, and 410 properties for sale.

Palestine, TX Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
75801

$ 180,366

$ 109/sqft

75803

$ 172,900

$ 115/sqft

Housing Market Summary for Palestine, TX

Sep 2025September 2026Change
Median Listing Price$181.2K$180K-0.66%
Median Sold Price$153.7K$153.1K-0.36%
Homes For Sale29639834.46%
Homes Sold141139-1.42%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Palestine, TX

Palestine home values range from $20,084 to $899,999. The median estimated value of a home in Palestine is $175,052. The median list price of a home is 179,950, and the total count of properties in the city is 617.

Foreclosure
There are 2 zips within Palestine, TX; within these zips, the median estimated home value for homes in foreclosure ranges from $251,108 in 75801 to the lowest value of $49,353 in 75801. Foreclosure homes account for 2.00% of properties in Palestine, TX with 75801 containing 12 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Palestine, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Palestine, TX; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Palestine, TX ranges from the highest value of $378,653 in 75803 to the lowest value of $49,353 in 75801. Bank owned homes and properties account for 2.27% of properties in Palestine, TX. There are 2 zips within Palestine, TX; 75801 containing 10 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    75803 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Palestine, TX. Auction homes and other auction properties account for 0.65% of all properties in Palestine, TX. There are 2 zips within Palestine, TX; of those zips, the median estimated home value for homes going to auction ranges from $190,919 in 75801 to the lowest value of $139,000 in 75801.
Homes for Sale
Homes and properties that are actively listed for sale account for 66.45% of residential properties in Palestine, TX with 75801 containing 244 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Palestine, TX; homes for sale in those zips, have a range of median values from $895,000 in 75803 to the lowest value of $20,084 in 75801.
    Sold Homes
    The median value for recently sold homes ranges from $393,560 in 75803 to the lowest price of $48,699 in 75803. There are 2 zips within Palestine, TX. 75801 has 92 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 27.71% of properties in Palestine, TX.

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      Guide for Palestine, TX

      Home with a messy garden
      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.