Palm City Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $299,900
    3% ( $10,000 ) vs Oct 2013
  • Median Sales Price
    $247,500
    7% ( $17,500 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $227,300
    7% ( $15,050 ) vs Oct 2013
  • Foreclosures 254
    Homes for Sale 166
    Recently Sold 665

Market Summary

There are currently 254 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 166.

In November, the number of properties that received a foreclosure filing in Palm City, FL was 17% higher than the previous month and 62% higher than the same time last year.

Home sales for October 2014 were down 3% compared with the previous month, and up 167% compared with a year ago. The median sales price of a non-distressed home was $247,500. The median sales price of a foreclosure home was $227,300, or 8% lower than non-distressed home sales.

Sales Prices - Palm City, FL




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$227,300 (Median Foreclosure Sales Price) $212,250 (Median Foreclosure 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) $247,500 (Median Sales Price) $265,000 (Median Sales Price) $277,500 (Median Sales Price) $268,500 (Median Sales Price) $255,000 (Median Sales Price) $235,000 (Median Sales Price) $227,300 (Median Foreclosure Sales Price) $212,250 (Median Foreclosure 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) $247,500 (Median Sales Price) $265,000 (Median Sales Price) $277,500 (Median Sales Price) $268,500 (Median Sales Price) $255,000 (Median Sales Price) $235,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
West Palm Beach
1,373
85.0
% (y-o-y)
$140,000
14.5
% (y-o-y)
17.1%
22.3
% (y-o-y)
Port Saint Lucie
592
36.4
% (y-o-y)
$133,600
11.3
% (y-o-y)
16.4%
10.0
% (y-o-y)
Lake Worth
544
45.1
% (y-o-y)
$138,000
25.5
% (y-o-y)
15.7%
8.2
% (y-o-y)
Vero Beach
320
9.2
% (y-o-y)
$155,000
2.2
% (y-o-y)
47.1%
48.2
% (y-o-y)
Jupiter
262
51.4
% (y-o-y)
$285,000
5.6
% (y-o-y)
16.0%
31.4
% (y-o-y)
Stuart
214
214.7
% (y-o-y)
$146,000
4.7
% (y-o-y)
35.2%
27.1
% (y-o-y)
Palm Beach Gardens
188
42.4
% (y-o-y)
$266,500
1.1
% (y-o-y)
34.3%
40.4
% (y-o-y)
Fort Pierce
183
13.7
% (y-o-y)
$90,000
12.5
% (y-o-y)
34.8%
42.0
% (y-o-y)
Okeechobee
75
2.6
% (y-o-y)
$62,000
3.3
% (y-o-y)
32.9%
15.2
% (y-o-y)
Jensen Beach
72
100.0
% (y-o-y)
$185,000
36.9
% (y-o-y)
42.0%
0.7
% (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: 6.00%
Percentage of vacant homes: 15.60%