Palmetto, FL Home Values & Market Trends

Real estate market trends reflect that there have been 895 transactions over the past year in Palmetto. The median value for residential home transactions that occurred over the previous year is $418,953.14. The number of current listings in Palmetto is 199, and the percentage of properties for sale in the city is 199.00%. Palmetto, FL currently has 165 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 199 properties for sale.

Palmetto, FL Real Estate Market Overview

ZipMedian Est. Value
34221

$ 442,519

$ 260/sqft

Housing Market Summary for Palmetto, FL

Mar 2023February 2024Change
Median Listing Price$399K$419.5K5.13%
Median Sold Price$412.2K$419.5K1.77%
Homes For Sale12619554.76%
Homes Sold623499-19.90%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Palmetto, FL

Palmetto home values range from $28,157 to $37,345,652. The median estimated value of a home in Palmetto is $418,953.14. The median list price of a home is 389,998, and the total count of properties in the city is 19,063.

Foreclosure
There is 1 zips within Palmetto, FL; within this zips, the median estimated home value for homes in foreclosure ranges from $4,109,890 in 34221 to the lowest value of $76,453 in 34221. Foreclosure homes account for 0.00% of properties in Palmetto, FL with 34221 containing 165 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.82% of all residential properties in Palmetto, FL with 34221 containing 157 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Palmetto, FL; of that zips, the estimated home value for pre-foreclosure homes ranges from $4,109,890 in 34221 to the lowest home value of $76,453 in 34221.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Palmetto, FL ranges from the highest value of $199,900 in 34221 to the lowest value of $199,900 in 34221. Bank owned homes and properties account for 0.01% of properties in Palmetto, FL. There is 1 zips within Palmetto, FL; 34221 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    34221 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Palmetto, FL. Auction homes and other auction properties account for 0.04% of all properties in Palmetto, FL. There is 1 zips within Palmetto, FL; of that zips, the median estimated home value for homes going to auction ranges from $427,540 in 34221 to the lowest value of $287,283 in 34221.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.04% of residential properties in Palmetto, FL with 34221 containing 199 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Palmetto, FL; homes for sale in that zips, have a range of median values from $3,850,000 in 34221 to the lowest value of $135,530 in 34221.
    Sold Homes
    The median value for recently sold homes ranges from $2,632,250 in 34221 to the lowest price of $57,267 in 34221. There is 1 zips within Palmetto, FL. 34221 has 442 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.32% of properties in Palmetto, FL.

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      Guide for Palmetto, FL

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