Palm City Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $320,000
    7% ( $20,000 ) vs Feb 2014
  • Median Sales Price
    $259,000
    4% ( $9,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $185,300
    26% ( $64,700 ) vs Feb 2014
  • Foreclosures 182
    Homes for Sale 364
    Recently Sold 393

Market Summary

There are currently 182 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 364.

In March, the number of properties that received a foreclosure filing in Palm City, FL was 64% higher than the previous month and 22% lower than the same time last year.

Home sales for February 2015 were down 14% compared with the previous month, and down 11% compared with a year ago. The median sales price of a non-distressed home was $259,000. The median sales price of a foreclosure home was $185,300, or 28% lower than non-distressed home sales.

Sales Prices - Palm City, FL




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$185,300 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $300,100 (Median Foreclosure Sales Price) $227,300 (Median Foreclosure Sales Price) $212,250 (Median Foreclosure Sales Price) $259,000 (Median Sales Price) $250,000 (Median Sales Price) $244,000 (Median Sales Price) $237,500 (Median Sales Price) $248,250 (Median Sales Price) $265,000 (Median Sales Price) $185,300 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $300,100 (Median Foreclosure Sales Price) $227,300 (Median Foreclosure Sales Price) $212,250 (Median Foreclosure Sales Price) $259,000 (Median Sales Price) $250,000 (Median Sales Price) $244,000 (Median Sales Price) $237,500 (Median Sales Price) $248,250 (Median Sales Price) $265,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
West Palm Beach
617
20.4
% (y-o-y)
$141,000
12.8
% (y-o-y)
17.1%
26.4
% (y-o-y)
Lake Worth
290
25.1
% (y-o-y)
$135,000
5.5
% (y-o-y)
11.1%
14.1
% (y-o-y)
Port Saint Lucie
275
36.2
% (y-o-y)
$139,900
14.7
% (y-o-y)
16.5%
13.1
% (y-o-y)
Vero Beach
194
32.9
% (y-o-y)
$150,000
1.4
% (y-o-y)
50.0%
53.3
% (y-o-y)
Jupiter
144
23.0
% (y-o-y)
$280,000
5.6
% (y-o-y)
19.3%
24.5
% (y-o-y)
Stuart
123
14.6
% (y-o-y)
$139,100
7.3
% (y-o-y)
9.9%
26.7
% (y-o-y)
Fort Pierce
110
24.7
% (y-o-y)
$95,000
18.8
% (y-o-y)
40.5%
32.5
% (y-o-y)
Palm Beach Gardens
97
33.6
% (y-o-y)
$299,000
4.5
% (y-o-y)
30.4%
41.5
% (y-o-y)
Hobe Sound
52
30.0
% (y-o-y)
$185,550
31.6
% (y-o-y)
11.3%
6.4
% (y-o-y)
Jensen Beach
52
30.0
% (y-o-y)
$181,000
6.5
% (y-o-y)
8.8%
13.2
% (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%