Palm City Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $298,950
    4% ( $10,950 ) vs Jul 2013
  • Median Sales Price
    $268,500
    5% ( $13,500 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $266,000
    30% ( $61,000 ) vs Jul 2013
  • Foreclosures 262
    Homes for Sale 392
    Recently Sold 666

Market Summary

There are currently 262 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 392.

In August, the number of properties that received a foreclosure filing in Palm City, FL was 19% lower than the previous month and 17% lower than the same time last year.

Home sales for July 2014 were down 5% compared with the previous month, and down 39% compared with a year ago. The median sales price of a non-distressed home was $268,500. The median sales price of a foreclosure home was $266,000, or 1% lower than non-distressed home sales.

Sales Prices - Palm City, FL




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$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) $240,000 (Median Foreclosure 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) $238,500 (Median 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) $240,000 (Median Foreclosure 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) $238,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
West Palm Beach
915
32.6
% (y-o-y)
$145,000
20.2
% (y-o-y)
33.1%
25.6
% (y-o-y)
Port Saint Lucie
513
32.5
% (y-o-y)
$133,000
13.2
% (y-o-y)
17.3%
17.7
% (y-o-y)
Lake Worth
475
29.3
% (y-o-y)
$140,000
27.3
% (y-o-y)
13.6%
9.0
% (y-o-y)
Vero Beach
293
26.9
% (y-o-y)
$160,000
3.2
% (y-o-y)
49.0%
51.6
% (y-o-y)
Jupiter
239
22.4
% (y-o-y)
$287,000
2.5
% (y-o-y)
23.3%
39.3
% (y-o-y)
Palm Beach Gardens
199
29.2
% (y-o-y)
$313,500
14.4
% (y-o-y)
49.9%
43.8
% (y-o-y)
Fort Pierce
178
29.6
% (y-o-y)
$93,950
4.4
% (y-o-y)
36.5%
44.8
% (y-o-y)
Stuart
161
35.1
% (y-o-y)
$138,500
2.6
% (y-o-y)
8.7%
18.6
% (y-o-y)
Loxahatchee
63
13.7
% (y-o-y)
$238,500
14.4
% (y-o-y)
24.5%
18.0
% (y-o-y)
North Palm Beach
63
10.0
% (y-o-y)
$242,000
0.2
% (y-o-y)
23.1%
54.4
% (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: 6.80%
Percentage of vacant homes: 15.60%