Palmetto, FL Housing Market
The Palmetto housing market is somewhat competitive. The median sale price of a home in Palmetto was $370K last month, down 10.3% since last year. The median sale price per square foot in Palmetto is $273, up 12.8% since last year.
Palmetto Housing Market Trends
In April 2024, Palmetto home prices were down 10.3% compared to last year, selling for a median price of $370K. On average, homes in Palmetto sell after 43 days on the market compared to 27 days last year. There were 29 homes sold in April this year, down from 34 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Palmetto housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 5% below list price and go pending in around 42 days.
- Hot homescan sell for around list price and go pending in around 19 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 47 days.
- Hot homescan sell for around list price and go pending in around 15 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 57 days.
- Hot homescan sell for about 1% below list price and go pending in around 33 days.
Palmetto Migration & Relocation Trends
- Across the nation, 1% of homebuyers searched to move into Palmetto from outside metros.
- Chicago homebuyers searched to move into Palmetto more than any other metro followed by New York and Washington.
- 67% of Palmetto homebuyers searched to stay within the Palmetto metropolitan area.
- Greenville was the most popular destination among Palmetto homebuyers followed by Asheville and Pensacola.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,398 | ||
2 | 1,268 | ||
3 | 947 | ||
4 | 900 | ||
5 | 888 | ||
6 | 872 | ||
7 | 462 | ||
8 | 367 | ||
9 | 332 | ||
10 | 289 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 52 | ||
2 | 36 | ||
3 | 28 | ||
4 | 27 | ||
5 | 26 | ||
6 | 22 | ||
7 | 20 | ||
8 | 19 | ||
9 | 18 | ||
10 | 14 |
Home offer insights for Palmetto
Recent offers
View houses in Palmetto that sold recently
Recently sold homes
- $320,000 Last Sold Price2 beds2 baths1,146 sq ft912 21st Ave W, Palmetto, FL 34221List Price$325,000Sale to List2% under listDays on Market20 days912 21st Ave W, Palmetto, FL 34221
- $393,290 Last Sold Price2 beds2 baths1,533 sq ft9338 Ballaster Pointe Loop, Parrish, FL 34219List Price$415,700Sale to List5% under listDays on Market156 days9338 Ballaster Pointe Loop, Parrish, FL 34219
- $341,990 Last Sold Price3 beds2 baths1,504 sq ft6205 Flagstone Trl, Palmetto, FL 34221List Price$341,990Sale to List0% over listDays on Market107 days6205 Flagstone Trl, Palmetto, FL 34221
- $190,000 Last Sold Price2 beds2 baths1,344 sq ft8412 Castle Garden Rd, Palmetto, FL 34221List Price$224,000Sale to List15% under listDays on Market43 days8412 Castle Garden Rd, Palmetto, FL 34221
- $370,000 Last Sold Price3 beds2 baths1,504 sq ft6605 67th Dr E, Palmetto, FL 34221List Price$370,000Sale to List0% over listDays on Market63 days6605 67th Dr E, Palmetto, FL 34221
- $553,745 Last Sold Price4 beds3 baths2,801 sq ft8905 Windlass Cv, Parrish, FL 34219List Price$573,745Sale to List3% under listDays on Market121 days8905 Windlass Cv, Parrish, FL 34219
- $260,000 Last Sold Price3 beds2 baths1,110 sq ft1211 DR Martin Luther King JR Pl, Palmetto, FL 34221List Price$270,000Sale to List4% under listDays on Market157 days1211 DR Martin Luther King JR Pl, Palmetto, FL 34221
- $2,100,000 Last Sold Price5 beds4 baths4,415 sq ft911 35th Avenue Dr W, Palmetto, FL 34221List Price$2,250,000Sale to List7% under listDays on Market13 days911 35th Avenue Dr W, Palmetto, FL 34221
See all recently sold homes in Palmetto.
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Schools in Palmetto
- Elementary
- Middle
- High
GreatSchools Rating
7/10 James Tillman Elementary Magnet School Public • PreK-5 | 564 Students | 8 reviews |
5/10 Palmetto Elementary School Public • PreK-5 | 672 Students | 7 reviews |
3/10 Manatee Virtual Franchise (etech School of Manatee) Public • 1-12 | 21 Students | 1 reviews |
NR Manatee Virtual Instruction Program Public • K-12 | 8 Students | 2 reviews |
Climate's impact on Palmetto housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Palmetto.
Flood Factor - Extreme
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Extreme
Wind Factor
Wind likelihood over time
Heat Factor - Extreme
Heat Factor
Transportation in Palmetto
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