2024 Year-End Palestine TX Real Estate Market Recap

2024 Year-End Palestine TX Real Estate Market Recap

How was the real estate market in 2024? How did it compare to 2023? What kind of market activity happened in 2024 in Palestine TX real estate MLS?

2024 Year-End Palestine TX Real Estate Market Recap –   In the last 365 days, the Palestine Texas Association of REALTORS® MLS had the following activity:

• Total # of properties sold in Palestine Tx MLS: 306

• Average List Price (of homes sold in 2023) : $256,341

• Average Sold Price (of homes sold in 2023) : $244,175

• List Price to Sales Price Average: 94,050%(This means that if the property listed at $100,000 the average final sales price was $94,050. Keep in mind this is an average and not typical for every sale.)

• Average Days on Market was 93 Days

• Average Price per Square Foot for Homes Sold was $144.25 per square foot

Historical Comparisons: How did 2024 real estate in Palestine Texas compare with the real estate activity in 2023 and previous years??

The activity in 2023 in Palestine MLS was:  (see chart above for visual yearly comparison)

• 2023 Year-End Palestine TX Real Estate Market Recap –   In the last 365 days, the Palestine Texas Association of REALTORS® MLS had the following activity:

• Total # of properties sold in Palestine Tx MLS: 255

• Average List Price (of homes sold in 2023) : $243,286

• Average Sold Price (of homes sold in 2023) : $233,133

• List Price to Sales Price Average: 95.30%(This means that if the property listed at $100,000 the average final sales price was $95,300. Keep in mind this is an average and not typical for every sale.)

• Average Days on Market was 62 Days

• Average Price per Square Foot for Homes Sold was $138.05 per square foot

Hope you had a fabulous 2024 and Cheers to the new year of 2025! Hopefully you found this Year-End Palestine TX Real Estate Market Recap helpful.

UNFORTUNATELY REQUIRED DISCLAIMER: This data was compiled from Palestine Area Association of REALTORS® Multiple Listing Service by Lisa Priest, Broker with Picket Fence Realty for informational purposes only. Please note that this data is for residential properties in Anderson county only. This data is current as of 1-9-2025 and is not a warranty of future market conditions of any kind. This information is deemed reliable but not guaranteed.

If you are in the market to buy or sell in Palestine Tx area, give us a call at 903-729-7530!

Lisa Priest likes to watch the trends and is a Palestine, Texas Real Estate Broker / REALTOR® with Picket Fence Realty, Inc. You can reach her via phone at 903-729-7530 or read more at BuyPalestine.com