The Palm City housing market is not very competitive. The median sale price of a home in Palm City was $690K last month, up 31.4% since last year. The median sale price per square foot in Palm City is $270, down 3.4% since last year.
What is the housing market like in Palm City today?
In October 2024, Palm City home prices were up 31.4% compared to last year, selling for a median price of $690K. On average, homes in Palm City sell after 76 days on the market compared to 47 days last year. There were 36 homes sold in October this year, down from 57 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$690,000
+31.4% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Palm City, FL
$690,000
+31.4%
United States
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How hot is the Palm City housing market?
Palm City is not very competitive. Homes sell in 81 days.
0
100
21
Not Very 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
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 81 days.
Hot homes
can sell for about 1% below list price and go pending in around 41 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.
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.
Flood Factor - Minor
48% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm City has a minor risk of flooding. 2,697 properties in Palm City are likely to be
severely affected
by flooding over the next 30 years. This represents 48% of all properties in Palm City. Flood risk is increasing faster than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm City has a moderate risk of wildfire. There are 5,792 properties in Palm City that have some risk of being affected by wildfire over the next 30 years. This represents 51% 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. 11,324 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.