Palm City Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $297,500
    1% ( $2,400 ) vs Aug 2013
  • Median Sales Price
    $277,500
    3% ( $9,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $175,300
    34% ( $90,700 ) vs Aug 2013
  • Foreclosures 263
    Homes for Sale 301
    Recently Sold 663

Market Summary

There are currently 263 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 301.

In September, the number of properties that received a foreclosure filing in Palm City, FL was 10% lower than the previous month and 86% higher than the same time last year.

Home sales for August 2014 were up 35% compared with the previous month, and up 18% compared with a year ago. The median sales price of a non-distressed home was $277,500. The median sales price of a foreclosure home was $175,300, or 37% lower than non-distressed home sales.

Sales Prices - Palm City, FL




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$175,300 (Median Foreclosure Sales Price) $266,000 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $230,000 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $215,000 (Median Foreclosure Sales Price) $277,500 (Median Sales Price) $268,500 (Median Sales Price) $255,000 (Median Sales Price) $235,000 (Median Sales Price) $232,500 (Median Sales Price) $232,500 (Median Sales Price) $175,300 (Median Foreclosure Sales Price) $266,000 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $230,000 (Median Foreclosure Sales Price) $205,000 (Median Foreclosure Sales Price) $215,000 (Median Foreclosure Sales Price) $277,500 (Median Sales Price) $268,500 (Median Sales Price) $255,000 (Median Sales Price) $235,000 (Median Sales Price) $232,500 (Median Sales Price) $232,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
West Palm Beach
842
36.8
% (y-o-y)
$143,000
19.1
% (y-o-y)
28.6%
28.2
% (y-o-y)
Port Saint Lucie
420
35.2
% (y-o-y)
$132,300
10.3
% (y-o-y)
16.9%
18.3
% (y-o-y)
Lake Worth
412
35.9
% (y-o-y)
$143,000
29.0
% (y-o-y)
12.6%
8.3
% (y-o-y)
Vero Beach
273
15.5
% (y-o-y)
$151,000
10.7
% (y-o-y)
45.0%
51.4
% (y-o-y)
Jupiter
225
22.9
% (y-o-y)
$300,000
5.3
% (y-o-y)
25.0%
38.1
% (y-o-y)
Stuart
163
8.9
% (y-o-y)
$156,650
8.0
% (y-o-y)
33.0%
37.2
% (y-o-y)
Palm Beach Gardens
156
37.3
% (y-o-y)
$315,000
16.7
% (y-o-y)
43.7%
46.3
% (y-o-y)
Fort Pierce
147
38.0
% (y-o-y)
$90,000
3.4
% (y-o-y)
32.1%
44.9
% (y-o-y)
Okeechobee
65
38.1
% (y-o-y)
$65,000
1.5
% (y-o-y)
38.5%
46.6
% (y-o-y)
North Palm Beach
64
3.0
% (y-o-y)
$246,500
5.9
% (y-o-y)
25.6%
47.5
% (y-o-y)

Local Info For Palm City

Population:
23,095
Cost of Living Index: 125.82
Crime Index: 66.02     Rating: B+ View crime details
Schools: 4    Average School Rating: A View individual school rating
Household Median Income: $75,787
Unemployment: 7.00%
Percentage of vacant homes: 15.60%