Palestine, TX
Full City Profile · Texas · Anderson County County
2.8
/5.0
C+
Fair
18,888
Population
971/sq mi density
$46,228
Median Income
$26,983 per capita
$153,400
Home Value
$186,984 Zillow
$1,032
Median Rent
35.1% income on rent
66°F
Avg Temperature
301 sunny days/yr
548
Violent Crime/100K
2,486 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$46,228 median income, 4.2% unemployment
A+
Affordability
4.8 / 5.0
$153,400 home value, $1,032/mo rent
F
Safety
1.0 / 5.0
548 violent crimes/100K (44% above avg)
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher
Housing Overview
Median Home Value
$153,400
46% below
US avg: $281,900
Median Rent
$1,032/mo
11% below
US avg: $1,163/mo
Homeownership Rate
54.7%
16% below US avg (65.4%)
Total Housing Units
7,832
Median year built: 1977
Home Value by Source
Census Median
$153,400
Zillow (ZHVI)
$186,984
Median Sale Price
$230,000
Median List Price
$225,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
54.7%
Owner-Occupied
45.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$887/mo
1 Bedroom
$935/mo
2 Bedroom
$1,149/mo
3 Bedroom
$1,497/mo
4 Bedroom
$1,733/mo
Census median rent:
$1,032/mo
Market Indicators (Redfin)
Median Days on Market
108 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
11
Price Drops
24.0%
of listings with price reduction
Price Per Sq Ft
$112
Active Inventory
96
homes for sale
Affordability & Housing Stock
Rent Burden
35.1%
of renters spending 30%+ of income on housing
13% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
54.7%
Complete Housing Data
Home Values
| Census Median Value | $153,400 |
| Zillow Home Value (ZHVI) | $186,984 |
| Median Sale Price | $230,000 |
| Median List Price | $225,000 |
| Price Per Sq Ft | $112 |
Rent
| Census Median Rent | $1,032 |
| FMR Studio | $887 |
| FMR 1-Bedroom | $935 |
| FMR 2-Bedroom | $1,149 |
| FMR 3-Bedroom | $1,497 |
| FMR 4-Bedroom | $1,733 |
Market
| Days on Market | 108 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 24.0% |
| Homes Sold | 11 |
| Active Inventory | 96 |
| Price Per Sq Ft | $112 |
Ownership & Stock
| Owner-Occupied | 54.7% |
| Renter-Occupied | 45.3% |
| Homeownership Rate | 54.7% |
| Total Housing Units | 7,832 |
| Median Year Built | 1977 |
| Rent Burden | 35.1% |
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