Markets/Texas/Palestine

Palestine, TX Real Estate Market 2026

Investor-grade market analytics for Palestine, Texas. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$222,598

+3.3% year-over-year

Est. Rental Yield

7.9%

gross annual

12-Month Forecast

+3.3%

base case (Zillow ZHVF)

+3.3% year-over-year

Climate Risk

25/100

Low

Market Momentum

➡️
Neutral
4.2mo supply · Score -1/7

Net migration: Top 35% nationally

Income Migration

➡️ Neutral0.98x

In-migrants avg $53,008 AGI vs out-migrants $54,110

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Opportunity Zone Market

3 ZIP codes in Palestine are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Palestine Market Summary

Palestine, TX shows steady growth at 3.3% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.78x, below the national average of 4.8x. Modest net positive migration (+62 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 7.9% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score89/100
Price-to-Income Ratio3.8x (national avg 4.8x)
Median Household Income$58,846

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.6%
Base Case+3.3%
Bull Case+4.9%

Climate & Natural Hazard Risk

Palestine, TX's primary climate exposure is tornadoes (70/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Palestine dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.