Palestine Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Palestine averaged
6.99%
for the week of 2025-05-08, compared to the national average of
6.76% for the same period.
The average rate for the prior week (2025-05-01) was
7.09% and
one month ago for the week of 2025-04-03, the
average rate was 6.87%.
Palestine's average rate one year ago was 7.35%.
For refis of the same type during the week of 2025-05-08, the average rate
was 6.86%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-08 | 6.76% |
| Palestine 30 Year Fixed Rate | 2025-05-08 | 6.99% |
| Palestine 30 Year Fixed Rate Refi | 2025-05-08 | 6.86% |
| Palestine 15 Year Fixed Rate | 2025-05-08 | 5.89% |
| Palestine 15 Year Fixed Rate Refi | 2025-05-08 | 5.79% |
| Palestine 30 Year FHA | 2025-05-08 | 6.52% |
| Palestine 30 Year FHA Refi | 2025-05-08 | 6.48% |
| Palestine 30 Year USDA | 2025-05-08 | 6.57% |
| Palestine 30 Year USDA Refi | 2025-05-08 | 6.47% |
| Palestine 30 Year VA | 2025-05-08 | 6.27% |
| Palestine 30 Year VA Refi | 2025-05-08 | 6.47% |
Palestine Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Palestine, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Palestine Average Closing Costs & Other Stats
Palestine, TX's 62 lenders originated 548
loans during 2024. The total origination value was $110,640,000, with an average loan value of
$201,898.
Palestine's average closing costs are $5,910.
The top Palestine lender as defined by loan originations is QUICKEN LOANS, LLC, with
25 loans originated. Their average total fees are
$7,146, which is $4,320
higher than the next largest lender,
VeraBank.
The lowest fee Palestine lenders (with over 10 loans originated) are
VeraBank ($2,826), Austin Bank, Texas ($3,365), QUICKEN LOANS, LLC ($7,146), UNITED WHOLESALE MORTGAGE, LLC ($8,698) and .
The lowest rate Palestine lenders (with over 10 loans originated) are
UNITED WHOLESALE MORTGAGE, LLC (6.74%), QUICKEN LOANS, LLC (7.03%), Austin Bank, Texas (7.31%), VeraBank (7.51%) and .
Palestine, TX Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $5,490,000 | $8,395,000 | 52.9% | 7.6% |
| Austin Bank, Texas | $9,580,000 | $7,615,000 | -20.5% | 6.9% |
| Commercial Bank of Texas | $8,075,000 | $7,375,000 | -8.7% | 6.7% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,575,000 | $6,230,000 | 141.9% | 5.6% |
| 21ST MORTGAGE CORPORATION | $4,385,000 | $5,685,000 | 29.6% | 5.1% |
| VeraBank | $8,875,000 | $5,155,000 | -41.9% | 4.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $3,265,000 | $5,000,000 | 53.1% | 4.5% |
| GENEVA FINANCIAL, LLC | $5,655,000 | $4,950,000 | -12.5% | 4.5% |
| Farm Credit Mid-America, ACA | $295,000 | $4,005,000 | 1,257.6% | 3.6% |
| Mortgage Research Center, LLC | $3,090,000 | $3,415,000 | 10.5% | 3.1% |
| Prosperity Bank | $2,630,000 | $3,135,000 | 19.2% | 2.8% |
| FREEDOM MORTGAGE CORPORATION | $205,000 | $1,780,000 | 768.3% | 1.6% |
| JPMorgan Chase Bank | $1,745,000 | n/a | 1.6% | |
| CARDINAL FINANCIAL | $1,490,000 | $1,625,000 | 9.1% | 1.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $1,010,000 | $1,445,000 | 43.1% | 1.3% |
| LOANDEPOT.COM, LLC | $345,000 | $1,440,000 | 317.4% | 1.3% |
| TRIAD FINANCIAL SERVICES, INC. | $1,320,000 | $1,405,000 | 6.4% | 1.3% |
| NEWREZ LLC | $700,000 | $1,270,000 | 81.4% | 1.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,240,000 | n/a | 1.1% | |
| NAVY FEDERAL CREDIT UNION | $825,000 | $1,220,000 | 47.9% | 1.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $580,000 | $1,195,000 | 106.0% | 1.1% |
| CMG MORTGAGE, INC. | $1,775,000 | $1,155,000 | -34.9% | 1.0% |
| Legacy Bank & Trust Company | $1,135,000 | n/a | 1.0% | |
| Equity Prime Mortgage LLC | $240,000 | $1,125,000 | 368.8% | 1.0% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $965,000 | n/a | 0.9% | |
| U.S. Bank | $925,000 | n/a | 0.8% | |
| Ixonia Bank | $900,000 | n/a | 0.8% | |
| HALLMARK HOME MORTGAGE, LLC | $490,000 | $880,000 | 79.6% | 0.8% |
| Zions Bank | $225,000 | $860,000 | 282.2% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $920,000 | $845,000 | -8.2% | 0.8% |
| GUILD MORTGAGE COMPANY | $940,000 | $815,000 | -13.3% | 0.7% |
| SFMC, LP | $1,640,000 | $815,000 | -50.3% | 0.7% |
| ALTRA | $1,435,000 | $790,000 | -44.9% | 0.7% |
| Flagstar Bank, FSB | $575,000 | $785,000 | 36.5% | 0.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $720,000 | $690,000 | -4.2% | 0.6% |
| Southside Bank | $1,255,000 | $690,000 | -45.0% | 0.6% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $325,000 | $685,000 | 110.8% | 0.6% |
| Gateway First Bank | $275,000 | $640,000 | 132.7% | 0.6% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $930,000 | $635,000 | -31.7% | 0.6% |
| BancorpSouth | $355,000 | $595,000 | 67.6% | 0.5% |
| CALCON MUTUAL MORTGAGE LLC | $255,000 | $560,000 | 119.6% | 0.5% |
| First Financial Bank | $525,000 | n/a | 0.5% | |
| SOUTHWEST STAGE FUNDING, LLC | $1,315,000 | $515,000 | -60.8% | 0.5% |
| MORTGAGE FINANCIAL SERVICES, LLC | $465,000 | $510,000 | 9.7% | 0.5% |
| American National Bank & Trust | $105,000 | $475,000 | 352.4% | 0.4% |
| First United Bank and Trust Company | $105,000 | $470,000 | 347.6% | 0.4% |
| DAS Acquisition Company, LLC | $285,000 | $450,000 | 57.9% | 0.4% |
| MOVEMENT MORTGAGE, LLC | $445,000 | n/a | 0.4% | |
| GUARANTEED RATE AFFINITY, LLC | $115,000 | $425,000 | 269.6% | 0.4% |
| USAA Federal Savings Bank | $310,000 | $400,000 | 29.0% | 0.4% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $495,000 | $355,000 | -28.3% | 0.3% |
| HOME FINANCING UNLIMITED, INC. | $105,000 | $355,000 | 238.1% | 0.3% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $470,000 | $350,000 | -25.5% | 0.3% |
| BROKER SOLUTIONS, INC. | $975,000 | $345,000 | -64.6% | 0.3% |
| Frost Bank | $340,000 | n/a | 0.3% | |
| GUARANTEED RATE, INC. | $145,000 | $340,000 | 134.5% | 0.3% |
| INTEGRITY MORTGAGE CORPORATION OF TEXAS | $125,000 | $340,000 | 172.0% | 0.3% |
| MORTGAGEONE, INC. | $335,000 | n/a | 0.3% | |
| Sunflower Bank | $115,000 | $335,000 | 191.3% | 0.3% |
| First State Bank | $820,000 | $310,000 | -62.2% | 0.3% |
| MID AMERICA MORTGAGE, INC. | $310,000 | n/a | 0.3% | |
| Gibsland Bank & Trust Company | $305,000 | n/a | 0.3% | |
| Regions Bank | $865,000 | $300,000 | -65.3% | 0.3% |
| LENDINGHOME FUNDING CORPORATION | $290,000 | n/a | 0.3% | |
| HOMESIDE FINANCIAL, LLC | $285,000 | n/a | 0.3% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $285,000 | n/a | 0.3% | |
| UNION HOME MORTGAGE CORP. | $280,000 | n/a | 0.3% | |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $275,000 | n/a | 0.2% | |
| AMERICAN FINANCIAL NETWORK, INC. | $270,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $265,000 | n/a | 0.2% | |
| Sierra Pacific Mortgage Company, Inc. | $265,000 | n/a | 0.2% | |
| ZILLOW HOME LOANS, LLC | $320,000 | $265,000 | -17.2% | 0.2% |
| NFM, INC. | $255,000 | n/a | 0.2% | |
| Mid-Continent Funding, Inc. | $235,000 | n/a | 0.2% | |
| Paramount Residential Mortgage Group, Inc. | $715,000 | $225,000 | -68.5% | 0.2% |
| Texas Mortgage Lending, LLC | $225,000 | n/a | 0.2% | |
| PNC Bank | $100,000 | $220,000 | 120.0% | 0.2% |
| CANOPY MORTGAGE, LLC | $215,000 | n/a | 0.2% | |
| MEMBER HOME LOAN, L.L.C. | $215,000 | n/a | 0.2% | |
| Carrington Mortgage Services, LLC | $300,000 | $210,000 | -30.0% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $205,000 | n/a | 0.2% | |
| United Texas Credit Union | $195,000 | n/a | 0.2% | |
| First Horizon Bank | $185,000 | n/a | 0.2% | |
| The City National Bank of Sulphur Springs | $185,000 | n/a | 0.2% | |
| Ally Bank | $175,000 | n/a | 0.2% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $170,000 | $175,000 | 2.9% | 0.2% |
| SUMMIT FUNDING, INC. | $175,000 | n/a | 0.2% | |
| COUNTRYPLACE MORTGAGE, LTD. | $240,000 | $170,000 | -29.2% | 0.2% |
| FidelityLending Solutions Inc. dba Wholesale Mortgage Bankers | $165,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $155,000 | $165,000 | 6.5% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $155,000 | n/a | 0.1% | |
| AMERICAN FINANCING CORPORATION | $145,000 | n/a | 0.1% | |
| BAYSHORE MORTGAGE FUNDING, LLC | $145,000 | n/a | 0.1% | |
| Wells Fargo Bank | $660,000 | $145,000 | -78.0% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $135,000 | n/a | 0.1% | |
| First Bank | $135,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $125,000 | n/a | 0.1% | |
| RB MORTGAGE LLC | $125,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $75,000 | $115,000 | 53.3% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $105,000 | n/a | 0.1% | |
| Secured Investment Corp. | $95,000 | n/a | 0.1% | |
| Southwest Airlines Federal Credit Union | $95,000 | n/a | 0.1% | |
| Century Mortgage Company DBA Century Lending Company | $85,000 | n/a | 0.1% | |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $85,000 | $85,000 | 0.0% | 0.1% |
| Cornerstone First Mortgage, Inc | $75,000 | n/a | 0.1% | |
| FirstBank | $75,000 | n/a | 0.1% | |
| LOANPAL, LLC | $95,000 | $75,000 | -21.1% | 0.1% |
| RANDOLPH-BROOKS | $75,000 | n/a | 0.1% | |
| Bank of America | $560,000 | $55,000 | -90.2% | 0.0% |
| Citizens State Bank | $55,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $55,000 | n/a | 0.0% | |
| Telco Plus Credit Union | $55,000 | n/a | 0.0% | |
| UNIVERSITY Federal Credit Union | $55,000 | n/a | 0.0% | |
| FIRST COMMUNITY CREDIT UNION | $45,000 | n/a | 0.0% | |
| Discover Bank | $235,000 | $35,000 | -85.1% | 0.0% |
| PENTAGON FEDERAL CREDIT UNION | $35,000 | n/a | 0.0% |
Palestine's top lender by overall market share is QUICKEN LOANS, LLC, with 7.6% market share. In second place, with 6.9%, is Austin Bank, Texas, having originated $7,615,000 in loans. In third place, with 6.7%, is Commercial Bank of Texas, having originated $7,375,000 in loans. In fourth place, with 5.6%, is VANDERBILT MORTGAGE AND FINANCE, INC., having originated $6,230,000 in loans. In fifth place, with 5.1%, is 21ST MORTGAGE CORPORATION, having originated $5,685,000 in loans.
Palestine Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Palestine (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $154,750 (2.4%) | $219,407 (3.3%) | 0.00 | 138 |
| 2018-02-01 | $147,750 (2.9%) | $224,302 (4.0%) | 0.00 | 131 |
| 2018-03-01 | $146,750 (1.2%) | $206,654 (-2.1%) | 0.00 | 130 |
| 2018-04-01 | $147,000 (5.4%) | $225,290 (10.0%) | 0.00 | 132 |
| 2018-05-01 | $165,000 (16.0%) | $258,184 (18.4%) | 0.00 | 142 |
| 2018-06-01 | $159,500 (6.3%) | $251,422 (7.5%) | 0.00 | 164 |
| 2018-07-01 | $160,000 (0.3%) | $258,609 (5.1%) | 0.00 | 166 |
| 2018-08-01 | $163,000 (1.1%) | $252,559 (1.4%) | 0.00 | 159 |
| 2018-09-01 | $160,000 (-7.5%) | $245,827 (-3.9%) | 0.00 | 168 |
| 2018-10-01 | $165,000 (2.0%) | $259,139 (0.0%) | 0.00 | 166 |
| 2018-11-01 | $164,950 (-0.9%) | $267,385 (7.8%) | 0.00 | 156 |
| 2018-12-01 | $169,500 (5.9%) | $273,077 (26.5%) | 0.00 | 160 |
| 2019-01-01 | $169,000 (9.2%) | $265,326 (20.9%) | 0.00 | 152 |
| 2019-02-01 | $165,950 (12.3%) | $255,102 (13.7%) | 0.00 | 152 |
| 2019-03-01 | $168,250 (14.7%) | $256,607 (24.2%) | 0.00 | 160 |
| 2019-04-01 | $166,125 (13.0%) | $257,044 (14.1%) | 0.00 | 172 |
| 2019-05-01 | $169,575 (2.8%) | $266,257 (3.1%) | 0.00 | 180 |
| 2019-06-01 | $170,500 (6.9%) | $279,831 (11.3%) | 0.00 | 180 |
| 2019-07-01 | $159,950 (0.0%) | $229,826 (-11.1%) | 0.00 | 155 |
| 2019-08-01 | $158,027 (-3.1%) | $235,301 (-6.8%) | 0.00 | 148 |
| 2019-09-01 | $161,893 (1.2%) | $248,177 (1.0%) | 0.00 | 146 |
| 2019-10-01 | $162,020 (-1.8%) | $251,735 (-2.9%) | 0.00 | 144 |
| 2019-11-01 | $158,000 (-4.2%) | $252,895 (-5.4%) | 0.00 | 131 |
| 2019-12-01 | $159,500 (-5.9%) | $240,482 (-11.9%) | 0.00 | 120 |
| 2020-01-01 | $154,500 (-8.6%) | $236,290 (-10.9%) | 0.00 | 112 |
| 2020-02-01 | $155,000 (-6.6%) | $232,804 (-8.7%) | 0.00 | 104 |
| 2020-03-01 | $159,600 (-5.1%) | $228,623 (-10.9%) | 0.00 | 109 |
| 2020-04-01 | $167,450 (0.8%) | $245,170 (-4.6%) | 0.00 | 94 |
| 2020-05-01 | $177,450 (4.6%) | $255,486 (-4.1%) | 0.00 | 77 |
| 2020-06-01 | $191,200 (12.1%) | $273,512 (-2.3%) | 0.00 | 71 |
| 2020-07-01 | $202,125 (26.4%) | $275,004 (19.7%) | 0.00 | 71 |
| 2020-08-01 | $198,500 (25.6%) | $261,654 (11.2%) | 0.00 | 67 |
| 2020-09-01 | $182,100 (12.5%) | $239,413 (-3.5%) | 0.00 | 68 |
| 2020-10-01 | $185,200 (14.3%) | $250,010 (-0.7%) | 0.00 | 75 |
| 2020-11-01 | $195,000 (23.4%) | $248,107 (-1.9%) | 0.00 | 75 |
| 2020-12-01 | $192,475 (20.7%) | $243,461 (1.2%) | 0.00 | 73 |
| 2021-01-01 | $192,400 (24.5%) | $236,210 (0.0%) | 0.00 | 59 |
| 2021-02-01 | $189,475 (22.2%) | $252,253 (8.4%) | 0.00 | 57 |
| 2021-03-01 | $215,625 (35.1%) | $269,437 (17.9%) | 0.00 | 42 |
| 2021-04-01 | $217,225 (29.7%) | $263,350 (7.4%) | 0.00 | 37 |
| 2021-05-01 | $222,500 (25.4%) | $282,839 (10.7%) | 0.00 | 42 |
| 2021-06-01 | $216,000 (13.0%) | $274,368 (0.3%) | 0.00 | 41 |
| 2021-07-01 | $198,500 (-1.8%) | $266,105 (-3.2%) | 0.00 | 56 |
| 2021-08-01 | $190,600 (-4.0%) | $255,334 (-2.4%) | 0.00 | 70 |
| 2021-09-01 | $244,500 (34.3%) | $280,737 (17.3%) | 0.00 | 79 |
| 2021-10-01 | $250,000 (35.0%) | $312,204 (24.9%) | 0.00 | 80 |
| 2021-11-01 | $251,000 (28.7%) | $324,861 (30.9%) | 0.00 | 78 |
| 2021-12-01 | $242,000 (25.7%) | $300,542 (23.5%) | 0.00 | 74 |
| 2022-01-01 | $272,450 (41.6%) | $319,352 (35.2%) | 0.00 | 58 |
| 2022-02-01 | $232,250 (22.6%) | $265,429 (5.2%) | 0.00 | 61 |
| 2022-03-01 | $213,375 (-1.0%) | $271,380 (0.7%) | 0.00 | 53 |
| 2022-04-01 | $234,500 (8.0%) | $299,275 (13.6%) | 0.00 | 62 |
| 2022-05-01 | $198,000 (-11.0%) | $263,997 (-6.7%) | 0.00 | 80 |
| 2022-06-01 | $184,250 (-14.7%) | $277,228 (1.0%) | 0.00 | 93 |
| 2022-07-01 | $257,000 (29.5%) | $310,825 (16.8%) | 0.00 | 112 |
| 2022-08-01 | $250,000 (31.2%) | $318,570 (24.8%) | 0.00 | 115 |
| 2022-09-01 | $254,675 (4.2%) | $311,237 (10.9%) | 0.00 | 118 |
| 2022-10-01 | $252,500 (1.0%) | $305,654 (-2.1%) | 0.00 | 122 |
| 2022-11-01 | $265,000 (5.6%) | $377,898 (16.3%) | 0.00 | 114 |
| 2022-12-01 | $249,000 (2.9%) | $362,721 (20.7%) | 0.00 | 112 |
| 2023-01-01 | $249,000 (-8.6%) | $292,026 (-8.6%) | 0.00 | 107 |
| 2023-02-01 | $222,250 (-4.3%) | $280,000 (5.5%) | 0.00 | 98 |
| 2023-03-01 | $235,000 (10.1%) | $284,881 (5.0%) | 0.00 | 103 |
| 2023-04-01 | $249,000 (6.2%) | $293,515 (-1.9%) | 0.00 | 111 |
| 2023-05-01 | $250,000 (26.3%) | $310,032 (17.4%) | 0.00 | 128 |
| 2023-06-01 | $263,750 (43.2%) | $316,963 (14.3%) | 0.00 | 131 |
| 2023-07-01 | $249,000 (-3.1%) | $296,674 (-4.6%) | 0.00 | 133 |
| 2023-08-01 | $243,750 (-2.5%) | $319,502 (0.3%) | 0.00 | 139 |
| 2023-09-01 | $261,750 (2.8%) | $334,573 (7.5%) | 0.00 | 150 |
| 2023-10-01 | $257,475 (2.0%) | $343,266 (12.3%) | 0.00 | 163 |
| 2023-11-01 | $271,250 (2.4%) | $356,439 (-5.7%) | 0.00 | 149 |
| 2023-12-01 | $270,000 (8.4%) | $395,389 (9.0%) | 0.00 | 164 |
| 2024-01-01 | $265,000 (6.4%) | $388,556 (33.1%) | 0.00 | 166 |
| 2024-02-01 | $253,625 (14.1%) | $377,672 (34.9%) | 0.00 | 167 |
| 2024-03-01 | $270,000 (14.9%) | $374,571 (31.5%) | 0.00 | 174 |
| 2024-04-01 | $279,500 (12.3%) | $361,112 (23.0%) | 0.00 | 177 |
| 2024-05-01 | $285,000 (14.0%) | $369,389 (19.2%) | 0.00 | 177 |
| 2024-06-01 | $280,000 (6.2%) | $369,520 (16.6%) | 0.00 | 196 |
| 2024-07-01 | $262,750 (5.5%) | $348,751 (17.6%) | 0.00 | 196 |
| 2024-08-01 | $260,000 (6.7%) | $353,875 (10.8%) | 0.00 | 185 |
| 2024-09-01 | $272,250 (4.0%) | $367,082 (9.7%) | 0.00 | 184 |
| 2024-10-01 | $277,000 (7.6%) | $361,456 (5.3%) | 0.00 | 185 |
| 2024-11-01 | $274,500 (1.2%) | $354,370 (-0.6%) | 0.00 | 194 |
| 2024-12-01 | $284,750 (5.5%) | $364,819 (-7.7%) | 0.00 | 179 |
| 2025-01-01 | $283,500 (7.0%) | $366,201 (-5.8%) | 0.00 | 157 |
| 2025-02-01 | $290,000 (14.3%) | $372,866 (-1.3%) | 0.00 | 157 |
| 2025-03-01 | $289,999 (7.4%) | $366,827 (-2.1%) | 0.00 | 180 |
| 2025-04-01 | $279,900 (0.1%) | $363,859 (0.8%) | 0.00 | 196 |
Palestine's median listing price comes in at 0% of the national average.
Palestine's average listing price for 2025-04-01 was $363,859, a difference of $2,747 (0.8%) versus the prior year and $-2,968 versus the prior month.
For the 2025-04-01 period, Palestine had 196 MLS listings, a difference of 16 listings (9%) versus the prior month and 19 listings (11%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Palestine (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,904 sqft |
| 2018-02-01 | 0 days | 1,902 sqft |
| 2018-03-01 | 0 days | 1,916 sqft |
| 2018-04-01 | 0 days | 1,912 sqft |
| 2018-05-01 | 0 days | 2,005 sqft |
| 2018-06-01 | 0 days | 2,000 sqft |
| 2018-07-01 | 0 days | 2,007 sqft |
| 2018-08-01 | 0 days | 1,995 sqft |
| 2018-09-01 | 0 days | 1,984 sqft |
| 2018-10-01 | 0 days | 2,008 sqft |
| 2018-11-01 | 0 days | 1,984 sqft |
| 2018-12-01 | 0 days | 1,980 sqft |
| 2019-01-01 | 0 days | 1,903 sqft |
| 2019-02-01 | 0 days | 1,972 sqft |
| 2019-03-01 | 0 days | 1,957 sqft |
| 2019-04-01 | 0 days | 1,900 sqft |
| 2019-05-01 | 0 days | 1,980 sqft |
| 2019-06-01 | 0 days | 1,980 sqft |
| 2019-07-01 | 0 days | 1,870 sqft |
| 2019-08-01 | 0 days | 1,800 sqft |
| 2019-09-01 | 0 days | 1,868 sqft |
| 2019-10-01 | 0 days | 1,903 sqft |
| 2019-11-01 | 0 days | 1,856 sqft |
| 2019-12-01 | 0 days | 1,849 sqft |
| 2020-01-01 | 0 days | 1,841 sqft |
| 2020-02-01 | 0 days | 1,858 sqft |
| 2020-03-01 | 0 days | 1,865 sqft |
| 2020-04-01 | 0 days | 1,855 sqft |
| 2020-05-01 | 0 days | 1,868 sqft |
| 2020-06-01 | 0 days | 1,881 sqft |
| 2020-07-01 | 0 days | 1,913 sqft |
| 2020-08-01 | 0 days | 1,967 sqft |
| 2020-09-01 | 0 days | 1,965 sqft |
| 2020-10-01 | 0 days | 2,145 sqft |
| 2020-11-01 | 0 days | 2,200 sqft |
| 2020-12-01 | 0 days | 2,020 sqft |
| 2021-01-01 | 0 days | 2,014 sqft |
| 2021-02-01 | 0 days | 2,091 sqft |
| 2021-03-01 | 0 days | 2,226 sqft |
| 2021-04-01 | 0 days | 2,150 sqft |
| 2021-05-01 | 0 days | 1,967 sqft |
| 2021-06-01 | 0 days | 1,858 sqft |
| 2021-07-01 | 0 days | 1,813 sqft |
| 2021-08-01 | 0 days | 1,752 sqft |
| 2021-09-01 | 0 days | 1,800 sqft |
| 2021-10-01 | 0 days | 1,814 sqft |
| 2021-11-01 | 0 days | 1,786 sqft |
| 2021-12-01 | 0 days | 1,765 sqft |
| 2022-01-01 | 0 days | 1,698 sqft |
| 2022-02-01 | 0 days | 1,609 sqft |
| 2022-03-01 | 0 days | 1,702 sqft |
| 2022-04-01 | 0 days | 1,781 sqft |
| 2022-05-01 | 0 days | 1,652 sqft |
| 2022-06-01 | 0 days | 1,538 sqft |
| 2022-07-01 | 0 days | 1,820 sqft |
| 2022-08-01 | 0 days | 1,880 sqft |
| 2022-09-01 | 0 days | 1,807 sqft |
| 2022-10-01 | 0 days | 1,880 sqft |
| 2022-11-01 | 0 days | 1,879 sqft |
| 2022-12-01 | 0 days | 1,828 sqft |
| 2023-01-01 | 0 days | 1,800 sqft |
| 2023-02-01 | 0 days | 1,705 sqft |
| 2023-03-01 | 0 days | 1,852 sqft |
| 2023-04-01 | 0 days | 1,780 sqft |
| 2023-05-01 | 0 days | 1,795 sqft |
| 2023-06-01 | 0 days | 1,835 sqft |
| 2023-07-01 | 0 days | 1,787 sqft |
| 2023-08-01 | 0 days | 1,736 sqft |
| 2023-09-01 | 0 days | 1,729 sqft |
| 2023-10-01 | 0 days | 1,736 sqft |
| 2023-11-01 | 0 days | 1,797 sqft |
| 2023-12-01 | 0 days | 1,824 sqft |
| 2024-01-01 | 0 days | 1,735 sqft |
| 2024-02-01 | 0 days | 1,685 sqft |
| 2024-03-01 | 0 days | 1,698 sqft |
| 2024-04-01 | 0 days | 1,812 sqft |
| 2024-05-01 | 0 days | 1,832 sqft |
| 2024-06-01 | 0 days | 1,875 sqft |
| 2024-07-01 | 0 days | 1,824 sqft |
| 2024-08-01 | 0 days | 1,803 sqft |
| 2024-09-01 | 0 days | 1,782 sqft |
| 2024-10-01 | 0 days | 1,772 sqft |
| 2024-11-01 | 0 days | 1,762 sqft |
| 2024-12-01 | 0 days | 1,785 sqft |
| 2025-01-01 | 0 days | 1,801 sqft |
| 2025-02-01 | 0 days | 1,849 sqft |
| 2025-03-01 | 0 days | 1,834 sqft |
| 2025-04-01 | 0 days | 1,899 sqft |
Palestine's median square footage for active listings during the 2025-04-01 period was 1,899 sqft. One year prior, the average listing was 1,812 sqft.
Palestine, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 392 | $81,580,000 | $208,112 |
| Cash Out Refi | 48 | $8,130,000 | $169,375 |
| Refi | 47 | $13,605,000 | $289,468 |
| Home Improvement | 34 | $2,910,000 | $85,588 |
| Other | 26 | $3,450,000 | $132,692 |
| NA | 1 | $965,000 | $965,000 |
Palestine's most frequently cited loan purpose was Home Purchase, with 392 originations. The 2nd most popular reason was Cash Out Refi, with 48 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 181 | $39,255,000 | $216,878 |
| 7-8% | 169 | $37,045,000 | $219,201 |
| Over 8% | 137 | $19,305,000 | $140,912 |
| 5-6% | 42 | $10,480,000 | $249,524 |
| 4-5% | 4 | $830,000 | $207,500 |
| <2.5% | 3 | $15,000 | $5,000 |
| 3-4% | 1 | $95,000 | $95,000 |
During 2024, Palestine's most frequently originated rate bucket was 6-7%, with 181 originations.
Loan Sizing (Palestine, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100k-200k | 218 | $32,170,000 | $147,569 |
| $200k-400k | 174 | $48,370,000 | $277,989 |
| $100,000 or less | 127 | $8,315,000 | $65,472 |
| $400k-600k | 17 | $8,135,000 | $478,529 |
| $600k-1000k | 8 | $5,760,000 | $720,000 |
| $Over $1MM | 4 | $7,890,000 | $1,972,500 |
Palestine's loan sizing saw the bucket of loans from $100k-200k with 218 originations, totaling $32,170,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 278 | $57,030,000 | $205,144 |
| 60-80% | 112 | $23,870,000 | $213,125 |
| 40-60% | 60 | $15,670,000 | $261,167 |
| 20-40% | 45 | $4,825,000 | $107,222 |
| Under 20% | 25 | $1,125,000 | $45,000 |
| Over 100% | 11 | $3,065,000 | $278,636 |
Palestine's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 278 originations, totaling $57,030,000 in origination value.