The Palmetto Estates housing market is somewhat competitive. The median sale price of a home in Palmetto Estates was $620K last month, up 10.7% since last year. The median sale price per square foot in Palmetto Estates is $361, down 6.7% since last year.
What is the housing market like in Palmetto Estates today?
In June 2025, Palmetto Estates home prices were up 10.7% compared to last year, selling for a median price of $620K. On average, homes in Palmetto Estates sell after 77 days on the market compared to 49 days last year. There were 5 homes sold in June this year, down from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$620,000
+10.7% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Palmetto Estates, FL
$620,000
+10.7%
United States
To compare other locations to the Palmetto Estates and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Palmetto Estates's median sale price is 39% higher than the national average. Overall cost of living in Palmetto Estates is 21% higher than the national average. Learn which home features in Palmetto Estates add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
Work with the best agents in Palmetto Estates
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How hot is the Palmetto Estates housing market?
Palmetto Estates is somewhat competitive. Homes sell in 52 days.
0
100
48
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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 52 days.
Hot homes
can sell for around list price and go pending in around 36 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Palmetto Estates, FL
98.7%
-1.1 pt
United States
Palmetto Estates Migration & Relocation Trends
In Feb '25 - Apr '25, 30% of Palmetto Estates homebuyers searched to move out of Palmetto Estates, while 70% looked to stay within the metropolitan area.
Where are people moving to Palmetto Estates from?
Across the nation, 2% of homebuyers searched to move into Palmetto Estates from outside metros.
New York homebuyers searched to move into Palmetto Estates more than any other metro followed by San Francisco and Washington.
Where are people from Palmetto Estates moving to?
70% of Palmetto Estates homebuyers searched to stay within the Palmetto Estates metropolitan area.
Cape Coral was the most popular destination among Palmetto Estates homebuyers followed by Orlando and Sarasota.
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.
View houses in Palmetto Estates that sold recently
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 Estates housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palmetto Estates.
Flood Factor - Minor
38% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palmetto Estates has a minor risk of flooding. 253 properties in Palmetto Estates are likely to be
severely affected
by flooding over the next 30 years. This represents 38% of all properties in Palmetto Estates. Flood risk is increasing faster than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palmetto Estates has a moderate risk of wildfire. There are 64 properties in Palmetto Estates that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Palmetto Estates.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palmetto Estates has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palmetto Estates is most at risk from hurricanes. 4,046 properties in Palmetto Estates 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 186 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 197 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Palmetto Estates has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Palmetto Estates have an Extreme Heat Factor®.
Palmetto Estates is expected to see a 328% increase in the number of days over 105ºF over the next 30 years. Palmetto Estates is expected to experience 7