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Real Estate Market Trends and Analytics in Palmetto, FL

In October 2026, the median home sale price in Palmetto, FL was $399,999, with homes selling in an average of 87 days — slower than the 71-day average last year, suggesting buyers have more negotiating room. A total of 1516 homes sold in this period, down from 1549 last year.
View all properties for sale in Palmetto, FL

Palmetto, FL Market Trend

Median List Price
The median list price of Palmetto, FL, was $409,900 in October 2026, compared to $397,500 in October 2025.

Palmetto, FL Market Trend for Houses

Median List Price
The median list price of houses in Palmetto, FL, was $450,000 in October 2026, compared to $418,045 in October 2025.

Palmetto, FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Palmetto, FL, was $292,000 in October 2026, compared to $300,000 in October 2025.

Palmetto, FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Palmetto, FL, was $62,500 in October 2026, compared to $94,750 in October 2025.

Palmetto, FL Market Trend for Commercial

Median List Price
The median list price of commercial in Palmetto, FL, was $1,400,000 in October 2026, compared to $550,000 in October 2025.

Palmetto, FL Housing Market Analysis

There are currently 659 homes listed for sale in Palmetto, FL, an increase of 29.72% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $642,138 (up 5.06% year-over-year), and the average price per square foot is $215 compared to $220 in 2025. Properties spend an average of 136 days on the market before going under contract.
659
for sale
129
for rent
1,516
sold
Median Price
$410K
Median SQFT Price
$215
SF Range
400 - 14,758 SF
Beds
1 - 8
Avg. Dom
136 days
Year Built
1900 - 2026
Monthly brief
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Housing & Mortgage & Foreclosure Risk Score

Housing & Mortgage

Median Home Value $271K
Median Monthly Mortgage $2K/mo
Median Rent $1K/mo
Homeownership Rate 78.6%
Cost Burden 22.1%

Foreclosure Risk Score

21/100 MODERATE
30-Year Mortgage Rate 6.71%
Local Unemployment 3.7%

Risk score based on economic indicators, lis pendens filings, and census data. Not financial advice.

Data powered by brokerone.io

Properties in Palmetto, FL

For Sale
$250,000
3 bds · 2 ba · 1,188 sqft
TROPIC ISLES CO-OP, PALMETTO
298 BAHAMA DRIVE
New
For Sale
$190,000
2 bds · 2 ba · 1,040 sqft
TERA CEIA MANOR CO-OP, PALMETTO
5619 BAYSHORE ROAD UNIT 115
New
For Sale
$399,900
House
3 bds · 2 ba · 1,238 sqft
WOODLAWN LAKES, PALMETTO
5107 WOODLAWN CIRCLE W
New
For Sale
$1,725,000
House
4 bds · 4 ba · 3,207 sqft
LYCHEE NUT GROVE, Palmetto Bay
15255 SW 80th Ave, Palmetto Bay FL 33157
New
For Sale
$424,900
House
4 bds · 2 ba · 1,924 sqft
REGENCY OAKS PH I, PALMETTO
7107 91ST STREET E
New
For Sale
$280,000
Commercial
0 room(s)
Palmetto Bay
7290 SW 168, Palmetto Bay FL 33157
New
For Sale
$48,000
1 bds · 1 ba · 400 sqft
TREE LAKES TRAVEL TRAILER CO-OP, PALMETTO
2215 73RD STREET E UNIT 151
New
For Sale
$650,000
Lots/Land
10.00 acres
OT IN SUBDIVISION, PALMETTO
3002 16TH AVENUE E

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