Palm City Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $364,900
    4% ( $15,000 ) vs May 2014
  • Median Sales Price
    $230,000
    8% ( $20,000 ) vs May 2014
  • Median Foreclosure Sales Price
    $179,500
    10% ( $20,500 ) vs May 2014
  • Foreclosures 166
    Homes for Sale 315
    Recently Sold 188

Market Summary

There are currently 166 properties in Palm City, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 315.

In June, the number of properties that received a foreclosure filing in Palm City, FL was 12% higher than the previous month and 36% lower than the same time last year.

Home sales for May 2015 were down 91% compared with the previous month, and down 95% compared with a year ago. The median sales price of a non-distressed home was $230,000. The median sales price of a foreclosure home was $179,500, or 22% lower than non-distressed home sales.

Sales Prices - Palm City, FL




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$179,500 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $197,000 (Median Foreclosure Sales Price) $185,300 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $230,000 (Median Sales Price) $250,000 (Median Sales Price) $255,000 (Median Sales Price) $259,000 (Median Sales Price) $250,000 (Median Sales Price) $244,000 (Median Sales Price) $179,500 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $197,000 (Median Foreclosure Sales Price) $185,300 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $230,000 (Median Sales Price) $250,000 (Median Sales Price) $255,000 (Median Sales Price) $259,000 (Median Sales Price) $250,000 (Median Sales Price) $244,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
West Palm Beach
897
21.7
% (y-o-y)
$165,000
20.4
% (y-o-y)
33.2%
24.6
% (y-o-y)
Lake Worth
401
32.7
% (y-o-y)
$150,000
20.0
% (y-o-y)
23.3%
15.0
% (y-o-y)
Vero Beach
387
7.6
% (y-o-y)
$170,000
9.7
% (y-o-y)
58.8%
50.3
% (y-o-y)
Jupiter
182
37.0
% (y-o-y)
$329,000
18.7
% (y-o-y)
35.3%
33.3
% (y-o-y)
Palm Beach Gardens
172
18.5
% (y-o-y)
$309,950
4.2
% (y-o-y)
39.2%
43.3
% (y-o-y)
Port Saint Lucie
172
70.5
% (y-o-y)
$150,050
18.1
% (y-o-y)
26.7%
14.2
% (y-o-y)
Fort Pierce
90
55.9
% (y-o-y)
$120,000
29.6
% (y-o-y)
61.8%
36.6
% (y-o-y)
Okeechobee
74
23.7
% (y-o-y)
$59,550
8.3
% (y-o-y)
24.4%
23.6
% (y-o-y)
Palm Beach
67
23.9
% (y-o-y)
$557,500
1.4
% (y-o-y)
54.8%
6.6
% (y-o-y)
Loxahatchee
65
5.8
% (y-o-y)
$301,500
25.7
% (y-o-y)
34.3%
29.1
% (y-o-y)

Local Info For Palm City

Population:
23,095
Cost of Living Index: 125.82
Crime Index: 52.33     Rating: B+ View crime details
Schools: 4    Average School Rating: A View individual school rating
Household Median Income: $75,787
Unemployment: 5.50%
Percentage of vacant homes: 15.60%