Home prices
The median home price in Palestine is $60,500. This is about $18,280 (23%) lower in comparison to other places in this area.It is roughly $157,000 (72%) lower compared to the country as a whole, and compared to the city of Cincinnati is roughly $77,500 (56%) lower.
Rents
The median monthly rent in Palestine is $665. In comparison to the surrounding areas this is about $23 (3%) higher.It is approximately $397 (37%) lower compared to the US as a whole, and it is approximately $73 (9%) lower compared to the city of Cincinnati.
Nearby places
Hollansburg
Hollansburg is approximately 4 miles southwest of Palestine. Real estate prices there are a bit less expensive. The median home in Hollansburg costs $49,100, which works out to $11,400 (23%) lower than Palestine. Rents there are a lot less expensive. In Hollansburg the median monthly rent is $491, which comes out to $174 (35%) lower than Palestine.
Wayne Lakes
Wayne Lakes is about 4 miles southeast from Palestine. Housing prices there are a lot more expensive. The median home in Wayne Lakes is valued at $102,900, which comes out to $42,400 (41%) higher than Palestine. Rents there are a little more expensive. Wayne Lakes's median monthly rent is $708, which comes out to $43 (6%) higher than Palestine.
New Madison
New Madison is about 5 miles south from Palestine. Its real estate prices are a little more expensive. The median home value in New Madison is $77,900, which works out to $17,400 (22%) higher than Palestine. Its rents are somewhat more expensive. The median rent in New Madison is $714 per month, which comes out to $49 (6%) higher than Palestine.
Greenville
Greenville is approximately 6 miles northeast of Palestine. Real estate prices there are significantly more expensive. The median home in Greenville is valued at $98,800, which comes out to $38,300 (38%) higher than Palestine. Rents there are somewhat less expensive. Greenville's median rent is $619 per month, which is $46 (7%) lower than Palestine.
Lynn
Lynn is approximately 9 miles west from Palestine. Its housing prices are a little more expensive. The median home in Lynn costs $65,200, which is $4,700 (7%) higher than Palestine. Its rents are pretty similar. In Lynn the median rent is $677 per month, which is $12 (1%) higher than Palestine.