The Palencia housing market is not very competitive. The median sale price of a home in Palencia was $680K last month, up 9.9% since last year. The median sale price per square foot in Palencia is $264, down 0.38% since last year.
What is the housing market like in Palencia today?
In March 2024, Palencia home prices were up 9.9% compared to last year, selling for a median price of $680K. On average, homes in Palencia sell after 54 days on the market compared to 58 days last year. There were 23 homes sold in March this year, up from 19 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$680,000
+9.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palencia, FL
$680,000
+9.9%
United States
To compare other locations to the Palencia and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Nocatee add value to a home.
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How hot is the Palencia housing market?
Palencia is not very competitive. Homes sell in 67 days.
0
100
23
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 6 months
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 67 days.
Hot homes
can sell for about 1% below list price and go pending in around 37 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
94.7%
-3.4 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Palencia, FL
94.7%
-3.4 pt
United States
Home offer insights for Palencia
Explore recent offers and recently sold homes in Palencia
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 Palencia housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Palencia.
Risk Factor
Flood Factor - Moderate
28% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Palencia has a moderate risk of flooding. 171 properties in Palencia are likely to be
severely affected
by flooding over the next 30 years. This represents 28% of all properties in Palencia. Flood risk is increasing faster than the national average.
99% of properties are at risk of wildfire over the next 30 years
Fire Factor
Palencia has a major risk of wildfire. There are 1,405 properties in Palencia that have some risk of being affected by wildfire over the next 30 years. This represents 99% of all properties in Palencia.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Palencia has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Palencia is most at risk from hurricanes. 1,410 properties in Palencia 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 177 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 196 mph.