Palm City Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $299,900
    4% ( $12,500 ) vs Feb 2013
  • Median Sales Price
    $238,500
    5% ( $11,500 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $240,000
    1% ( $1,266 ) vs Feb 2013
  • Foreclosures 314
    Homes for Sale 361
    Recently Sold 609

Market Summary

There are currently 314 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 361.

In March, the number of properties that received a foreclosure filing in Palm City, FL was 45% lower than the previous month and 23% lower than the same time last year.

Home sales for February 2014 were down 29% compared with the previous month, and up 9% compared with a year ago. The median sales price of a non-distressed home was $238,500. The median sales price of a foreclosure home was $240,000, or 1% higher than non-distressed home sales.

Sales Prices - Palm City, FL




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$240,000 (Median Foreclosure Sales Price) $238,735 (Median Foreclosure Sales Price) $222,000 (Median Foreclosure Sales Price) $165,100 (Median Foreclosure Sales Price) $164,050 (Median Foreclosure Sales Price) $200,400 (Median Foreclosure Sales Price) $238,500 (Median Sales Price) $250,000 (Median Sales Price) $240,000 (Median Sales Price) $210,000 (Median Sales Price) $218,000 (Median Sales Price) $232,950 (Median Sales Price) $240,000 (Median Foreclosure Sales Price) $238,735 (Median Foreclosure Sales Price) $222,000 (Median Foreclosure Sales Price) $165,100 (Median Foreclosure Sales Price) $164,050 (Median Foreclosure Sales Price) $200,400 (Median Foreclosure Sales Price) $238,500 (Median Sales Price) $250,000 (Median Sales Price) $240,000 (Median Sales Price) $210,000 (Median Sales Price) $218,000 (Median Sales Price) $232,950 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
West Palm Beach
775
32.0
% (y-o-y)
$125,000
25.9
% (y-o-y)
26.4%
19.4
% (y-o-y)
Port Saint Lucie
428
1.9
% (y-o-y)
$122,000
10.9
% (y-o-y)
13.1%
18.2
% (y-o-y)
Lake Worth
387
24.4
% (y-o-y)
$127,998
30.6
% (y-o-y)
14.1%
12.5
% (y-o-y)
Vero Beach
289
43.1
% (y-o-y)
$148,000
8.2
% (y-o-y)
53.3%
34.7
% (y-o-y)
Jupiter
187
3.1
% (y-o-y)
$265,050
0.0
% (y-o-y)
24.5%
33.2
% (y-o-y)
Fort Pierce
146
10.4
% (y-o-y)
$80,000
23.1
% (y-o-y)
32.5%
31.9
% (y-o-y)
Palm Beach Gardens
146
18.9
% (y-o-y)
$286,000
10.0
% (y-o-y)
41.5%
46.1
% (y-o-y)
Stuart
144
19.0
% (y-o-y)
$150,000
20.0
% (y-o-y)
26.7%
39.8
% (y-o-y)
Okeechobee
62
48.3
% (y-o-y)
$52,000
1.9
% (y-o-y)
27.1%
3.8
% (y-o-y)
North Palm Beach
55
11.3
% (y-o-y)
$229,000
27.2
% (y-o-y)
38.8%
38.1
% (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: 6.70%
Percentage of vacant homes: 15.60%