Housing & Real Estate — Palestine, Texas
Overview
| Total Housing Units | 7,891 |
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| Occupied | 6,930 |
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| Vacant | 961 |
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| Owner-Occupied | 3,792 |
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| Renter-Occupied | 3,138 |
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| Median Home Value (Census) | $166,000 |
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| Estimated 2026 | ~$199,000 |
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| Median Rent | $1,032/mo |
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| Median Property Tax | $1,977/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | N/A |
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| Rent as % of Income | N/A% |
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| Severely Rent-Burdened | 53.4% |
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Housing Age
| Built 2010 or later | 770 |
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| Built 2000-2009 | 635 |
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| Built 1990-1999 | 419 |
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| Built before 1960 | 1,733 |
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| Median Year Built | 1977 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
