Is Palestine, TX a buyer's market or a seller's market?
Palestine, TX is a balanced market right now. There are 177 homes for sale, and at the current pace of sales it would take about 4.2 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Palestine, TX sits at 4.2.
Buyers and sellers are about evenly matched right now. The typical home took 77 days to go under contract, and 0% of sales closed above the asking price.
The number of homes for sale is 9% lower than a year ago. Less to choose from tends to push prices up and shorten the time to sell.
Source: Redfin's published market data for the Palestine, TX area, through May 2026.
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More about the Palestine, TX market
- When is the best month to sell a house in Palestine, TX?
- How long does it take to sell a house in Palestine, TX?
- Do homes sell above asking price in Palestine, TX?
- Are home prices going up or down in Palestine, TX?
- How many homes are for sale in Palestine, TX?
- All Palestine, TX housing numbers
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Figures come from Redfin's published market data for the Palestine, TX area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.