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Advertise here →Palestine, TX · Market Data
Palestine, Texas real estate market data.
Real estate market data for Palestine, TX (Anderson County) — Census median home value $153,400, county listing prices up about 1.7% over the past year.
Palestine, TX is in Anderson County, Texas — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 18,888, with a median household income of $46,228. Census data puts Palestine's median home value at $153,400.
At a glance
Palestine market snapshot
Population
18,888
Median Household Income
$46,228
Median Home Value (city)
$153,400
Median Gross Rent
$1,032/mo
Price Trend (YoY)
+1.7%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Palestine different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Palestine's median home value — across all owner-occupied homes, not just recent sales — at $153,400.
County Price Trend
Anderson County's FHFA house price index shows a 1.68% annual change in 2025.
Population & Income
Palestine has an estimated population of 18,888 and a median household income of $46,228, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Palestine's Census-reported median home value works out to about 3.3x the area's median household income, and median gross rent runs roughly 27% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Palestine FAQ
What are home values like in Palestine, TX?
The Census Bureau's American Community Survey puts Palestine's median home value at $153,400.
What is the population of Palestine, TX?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Palestine's population at approximately 18,888.
What's the median rent in Palestine, TX?
The Census ACS estimates median gross rent in Palestine at approximately $1,032 per month.
What is the median household income in Palestine, TX?
Census ACS data puts the median household income in Palestine at approximately $46,228.
Is the Palestine housing market growing?
Anderson County's FHFA house price index shows a 1.68% annual change in 2025.
Is Palestine, TX affordable relative to income?
Census ACS data puts Palestine's median home value at about 3.3 times the median household income, with median gross rent equal to roughly 27% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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