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Real Estate Market Trends and Analytics in Palmetto, FL

In August 2026, the median home sale price in Palmetto, FL was $399,000, with homes selling in an average of 84 days — slower than the 71-day average last year, suggesting buyers have more negotiating room. A total of 1506 homes sold in this period, down from 1587 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 $409,950 in August 2026, compared to $399,000 in August 2025.

Palmetto, FL Market Trend for Houses

Median List Price
The median list price of houses in Palmetto, FL, was $459,999 in August 2026, compared to $417,018 in August 2025.

Palmetto, FL Market Trend for Condos / Townhouses / Penthouses

Median List Price
The median list price of condos/co-ops in Palmetto, FL, was $330,000 in August 2026, compared to $262,500 in August 2025.

Palmetto, FL Market Trend for Lots/Land

Median List Price
The median list price of lots/land in Palmetto, FL, was $65,000 in August 2026, compared to $107,500 in August 2025.

Palmetto, FL Market Trend for Commercial

Median List Price
The median list price of commercial in Palmetto, FL, was $1,400,000 in August 2026, compared to $650,000 in August 2025.

Palmetto, FL Housing Market Analysis

There are currently 712 homes listed for sale in Palmetto, FL, an increase of 43.84% compared to 2025. With inventory tight relative to sales volume, sellers are in a strong position. The median asking price is $651,970 (up 4.79% year-over-year), and the average price per square foot is $226 compared to $220 in 2025. Properties spend an average of 127 days on the market before going under contract.
712
for sale
137
for rent
1,511
sold
Median Price
$410K
Median SQFT Price
$226
SF Range
408 - 14,758 SF
Beds
1 - 9
Avg. Dom
127 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 6.58%
Local Unemployment 3.9%

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
$2,200,000
Townhouse
4 bds · 5 ba
Royal Harbour Yacht Club, Palmetto Bay
6234 Paradise Point Drive # 6234, Palmetto Bay FL 33157
New
For Sale
$1,899,000
House
5 bds · 3 ba · 2,714 sqft
B-R SUB, Palmetto Bay
17701 SW 87th Ave, Palmetto Bay FL 33157
New
For Sale
$1,295,000
House
4 bds · 2 ba · 1,832 sqft
SOUTHWOOD, Palmetto Bay
8331 SW 156th St, Palmetto Bay FL 33157
New
For Sale
$229,900
House
4 bds · 2 ba · 2,000 sqft
LAKE PARK, PALMETTO
3108 8TH AVENUE E
New
For Sale
$373,990
House
3 bds · 2 ba · 1,672 sqft
SILVERSTONE NORTH, PALMETTO
5427 SILVER MOONLIGHT DRIVE
New
For Sale
$799,000
Multi-family
8 bds · 1,224 sqft
SHARP & TURNERS ADD TO PALMETTO, PALMETTO
516 12TH STREET W UNIT A
New
For Sale
$415,000
House
3 bds · 2 ba · 1,958 sqft
WOODS OF MOCCASIN WALLOW PHASE I, PALMETTO
8923 49TH AVENUE E
New
For Sale
$65,000
Lots/Land
0.09 acres
SHADOW BROOK MOBILE HOME SUB, PALMETTO
6710 36TH AVENUE E UNIT 326

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