The Palm City housing market is somewhat competitive. The median sale price of a home in Palm City was $595K last month, down 15.3% since last year. The median sale price per square foot in Palm City is $289, up 0.0% since last year.
What is the housing market like in Palm City today?
In March 2024, Palm City home prices were down 15.3% compared to last year, selling for a median price of $595K. On average, homes in Palm City sell after 37 days on the market compared to 61 days last year. There were 57 homes sold in March this year, down from 58 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$595,000
-15.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palm City, FL
$595,000
-15.3%
United States
To compare other locations to the Palm City and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Palm City add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Palm City housing market?
Palm City is somewhat competitive. Homes sell in 58 days.
0
100
38
Somewhat Competitive
Redfin Compete Score™
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 58 days.
Hot homes
can sell for about 1% below list price and go pending in around 26 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Palm City
Explore recent offers and recently sold homes in Palm City
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Palm City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm City.
Risk Factor
Flood Factor - Major
50% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm City has a major risk of flooding. 2,747 properties in Palm City are likely to be
severely affected
by flooding over the next 30 years. This represents 50% of all properties in Palm City. Flood risk is increasing faster than the national average.
41% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm City has a moderate risk of wildfire. There are 4,692 properties in Palm City that have some risk of being affected by wildfire over the next 30 years. This represents 41% of all properties in Palm City.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palm City has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palm City is most at risk from hurricanes. 11,319 properties in Palm City have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 211 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 229 mph.