The Palm Cove housing market is somewhat competitive. The median sale price of a home in Palm Cove was $1.2M last month, up 11.9% since last year. The median sale price per square foot in Palm Cove is $312, up 12.8% since last year.
What is the housing market like in Palm Cove today?
In October 2024, Palm Cove home prices were up 11.9% compared to last year, selling for a median price of $1.2M.
$1.3M
Sale Price
+54.7% since last year
$312
Sale $/Sq. Ft.
+12.8% since last year
Under List Price
1.8%
Days on Market
31
Down Payment
—
Total Homes Sold
3
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How hot is the Palm Cove housing market?
Palm Cove is somewhat competitive. Homes sell in 31 days.
0
100
43
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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 31 days.
Hot homes
can sell for around list price and go pending in around 10 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 Cove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palm Cove.
Flood Factor - Moderate
90% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palm Cove has a moderate risk of flooding. 181 properties in Palm Cove are likely to be
severely affected
by flooding over the next 30 years. This represents 90% of all properties in Palm Cove. Flood risk is increasing slower than the national average.
60% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palm Cove has a moderate risk of wildfire. There are 142 properties in Palm Cove that have some risk of being affected by wildfire over the next 30 years. This represents 60% of all properties in Palm Cove.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palm Cove has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palm Cove is most at risk from hurricanes. 234 properties in Palm Cove 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 180 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 195 mph.