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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
55%
45%
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 Market108
Sale-to-List Ratio0.9%
Price Drops24.0%
Homes Sold11
Active Inventory96
Price Per Sq Ft$112

Ownership & Stock

Owner-Occupied54.7%
Renter-Occupied45.3%
Homeownership Rate54.7%
Total Housing Units7,832
Median Year Built1977
Rent Burden35.1%