The Palm Aire housing market is not very competitive. The median sale price of a home in Palm Aire was $288K last month, up 6.9% since last year. The median sale price per square foot in Palm Aire is $220, up 3.3% since last year.
What is the housing market like in Palm Aire today?
In March 2024, Palm Aire home prices were up 6.9% compared to last year, selling for a median price of $288K. On average, homes in Palm Aire sell after 75 days on the market compared to 57 days last year. There were 90 homes sold in March this year, up from 71 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$287,500
+6.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palm Aire, FL
$287,500
+6.9%
United States
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How hot is the Palm Aire housing market?
Palm Aire is not very competitive. Homes sell in 76 days.
0
100
25
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 76 days.
Hot homes
can sell for about 2% below list price and go pending in around 45 days.
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 Aire housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm Aire.
Risk Factor
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Aire has a minor risk of flooding. 41 properties in Palm Aire are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Palm Aire. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm Aire has a minor risk of wildfire. There are 10 properties in Palm Aire that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Palm Aire.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palm Aire has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palm Aire is most at risk from hurricanes. 1,735 properties in Palm Aire 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 198 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 210 mph.