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The median home value in Palestine, TX is $198,935 as of 2026-07-31, up 1.09% from a year earlier.
Median Home Value
$198,935
Year-over-Year
+1.09%
Population
19,648
Palestine ranks #274 of 346 Texas cities tracked here by median home value, and sits 26.7% below the state's city median of $271,560. It sits in Anderson County, where the county-wide median is $219,538.
Median household income in Palestine is $44,981, so the typical home value is about 4.4× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Palestine police recorded a violent crime rate of 417 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 1,445 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Palestine, that value is $198,935. That's up 1.09% from a year earlier. It is about 26.7% below the typical Texas city tracked here.
Homes in Palestine are cheaper than Anderson County as a whole, where the median is $219,538 — a difference of about 9.4%.
Median household income here is $44,981, so the typical home value is about 4.4× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Palestine police reported 417 violent crimes per 100,000 residents, covering a population of about 19,648. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.