The Palmetto housing market is somewhat competitive. The median sale price of a home in Palmetto was $335K last month, down 17.3% since last year. The median sale price per square foot in Palmetto is $227, down 8.1% since last year.
What is the housing market like in Palmetto today?
In March 2024, Palmetto home prices were down 17.3% compared to last year, selling for a median price of $335K. On average, homes in Palmetto sell after 49 days on the market compared to 47 days last year. There were 28 homes sold in March this year, down from 32 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$335,000
-17.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palmetto, FL
$335,000
-17.3%
United States
To compare other locations to the Palmetto and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Palmetto add value to a home.
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How hot is the Palmetto housing market?
Palmetto is somewhat competitive. Homes sell in 50 days.
0
100
47
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 50 days.
Hot homes
can sell for around list price and go pending in around 16 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 Palmetto
Explore recent offers and recently sold homes in Palmetto
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
7/10
James Tillman Elementary Magnet School
Public • PreK-5
616
Students
7 reviews
5/10
Palmetto Elementary School
Public • PreK-5
731
Students
7 reviews
3/10
Manatee Virtual Franchise (etech School of Manatee)
Public • 1-12
45
Students
1 reviews
NR
Manatee Virtual Instruction Program
Public • K-12
15
Students
2 reviews
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 Palmetto housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palmetto.
Risk Factor
Flood Factor - Extreme
94% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palmetto has an extreme risk of flooding. 3,784 properties in Palmetto are likely to be
severely affected
by flooding over the next 30 years. This represents 94% of all properties in Palmetto. Flood risk is increasing faster than the national average.
39% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palmetto has a moderate risk of wildfire. There are 2,011 properties in Palmetto that have some risk of being affected by wildfire over the next 30 years. This represents 39% of all properties in Palmetto.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palmetto has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palmetto is most at risk from hurricanes. 5,144 properties in Palmetto 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 195 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 204 mph.