Palmetto, FL Housing Market
The Palmetto housing market is somewhat competitive. The median sale price of a home in Palmetto was $379K last month, up 8.0% since last year. The median sale price per square foot in Palmetto is $205, down 16.7% since last year.
Palmetto Housing Market Trends
In June 2024, Palmetto home prices were up 8.0% compared to last year, selling for a median price of $379K. On average, homes in Palmetto sell after 47 days on the market compared to 55 days last year. There were 21 homes sold in June this year, down from 22 last year.
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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 4% below list price and go pending in around 43 days.
- Hot homescan sell for around list price and go pending in around 17 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 58 days.
- Hot homescan sell for around list price and go pending in around 18 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 7% below list price and go pending in around 55 days.
- Hot homescan sell for about 1% below list price and go pending in around 25 days.
Palmetto Migration & Relocation Trends
- Across the nation, 1% of homebuyers searched to move into Palmetto from outside metros.
- New York homebuyers searched to move into Palmetto more than any other metro followed by Chicago and Miami.
- 64% of Palmetto homebuyers searched to stay within the Palmetto metropolitan area.
- Asheville was the most popular destination among Palmetto homebuyers followed by Greenville and Johnson City.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Apr '24 - Jun '24 | ||
1 | 1,244 | ||
2 | 1,218 | ||
3 | 858 | ||
4 | 817 | ||
5 | 776 | ||
6 | 758 | ||
7 | 443 | ||
8 | 357 | ||
9 | 316 | ||
10 | 283 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Apr '24 - Jun '24 | ||
1 | 49 | ||
2 | 46 | ||
3 | 27 | ||
4 | 25 | ||
5 | 24 | ||
6 | 23 | ||
7 | 21 | ||
8 | 20 | ||
9 | 18 | ||
10 | 13 |
Home offer insights for Palmetto
Recent offers
View houses in Palmetto that sold recently
Recently sold homes
- $380,000 Last Sold Price3 beds2 baths1,949 sq ft8012 56th Ct E, Palmetto, FL 34221List Price$390,000Sale to List3% under listDays on Market84 days8012 56th Ct E, Palmetto, FL 34221
- $532,000 Last Sold Price4 beds3 baths2,449 sq ft8929 Windlass Cv, Parrish, FL 34219List Price$539,475Sale to List1% under listDays on Market122 days8929 Windlass Cv, Parrish, FL 34219
- $431,000 Last Sold Price4 beds2.5 baths2,760 sq ft3417 97th Ln E, Palmetto, FL 34221List Price$449,900Sale to List4% under listDays on Market85 days3417 97th Ln E, Palmetto, FL 34221
- $385,970 Last Sold Price4 beds3 baths2,207 sq ft11746 Capstan Pl, Parrish, FL 34219List Price$419,970Sale to List8% under listDays on Market53 days11746 Capstan Pl, Parrish, FL 34219
- $402,500 Last Sold Price2 beds2 baths1,546 sq ft8529 Ocean Tides Cv, Parrish, FL 34219List Price$425,000Sale to List5% under listDays on Market44 days8529 Ocean Tides Cv, Parrish, FL 34219
- $464,900 Last Sold Price5 beds4 baths2,771 sq ft11530 E 72nd Pl, Palmetto, FL 34221List Price$464,900Sale to List0% over listDays on Market218 days11530 E 72nd Pl, Palmetto, FL 34221
- $456,590 Last Sold Price4 beds3 baths2,084 sq ft11717 E 74th Cir, Palmetto, FL 34221List Price$456,590Sale to List0% over listDays on Market217 days11717 E 74th Cir, Palmetto, FL 34221
- $373,990 Last Sold Price4 beds2 baths1,828 sq ft3814 112th St E, Palmetto, FL 34221List Price$373,990Sale to List0% over listDays on Market92 days3814 112th St E, 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
![flood factor score logo](https://ssl.cdn-redfin.com/v533.2.1/images/riskFactor/regional/flood-5.png)
Fire Factor - Moderate
Fire Factor
![fire factor score logo](https://ssl.cdn-redfin.com/v533.2.1/images/riskFactor/regional/fire-2.png)
Wind Factor - Extreme
Wind Factor
![wind factor score logo](https://ssl.cdn-redfin.com/v533.2.1/images/riskFactor/regional/wind-5.png)
Wind likelihood over time
Heat Factor - Extreme
Heat Factor
![heat factor score logo](https://ssl.cdn-redfin.com/v533.2.1/images/riskFactor/regional/heat-5.png)
Transportation in Palmetto
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