Is Palm Coast, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Palm Coast is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Palm Coast has remained a Seller's Market.

Key Takeaway

Palm Coast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Palm Coast, FL cost?

Median Sold Price

$349,949

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$74,982(+27.3%)

Key Takeaway

Homes in Palm Coast have sold for 27.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $127K$157.5K
+24.0%
2 $210K$255K
+21.4%
3 $269.4K$341.8K
+26.9%
4 $285.5K$366.3K
+28.3%
5+ $368K$448.5K
+21.9%

Median Sold Price Compared To Nearby Cities

Matanzas
+27.5%
Palm Coast
+27.3%
Flagler Beach
+20.0%
Bunnell
+20.0%

How many homes are available in Palm Coast, FL?

Number of Homes For Sale

Aug 2022Sep 2022%
1,076913-15.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 01
+100.0%
2 5046
-8.0%
3 654549
-16.1%
4 323269
-16.7%
5+ 4948
-2.0%

Number of Homes Sold

Aug 2022Sep 2022%
340172-49.4%

Asking Price vs. Sold Price

101 Homes Were Sold
Under Asking

48 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Palm Coast, you may be able to get a good deal. 58.7% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
21 Days9 Days-56.4%

Breakdown of Home Sale Times

132 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Palm Coast are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Palm Coast, FL

Palm Coast, FL has 913 homes for sale to choose from. The number of homes for sale in Palm Coast, FL decreased by 15.1% between August 2022 and September 2022. The median list price of listings available in September 2022 was $349,949, while the average time on the real estate market was 9 days. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 24% more expensive, 2 bedrooms properties became 21.4% more expensive, the cost of 3 bedrooms properties went up by 26.9%, 4 bedrooms properties prices increased by 28.3%, 5 bedrooms properties became 21.9% more expensive. Volume of homes for sale changed: volume of 1 bedroom homes went up by 100%, 2 bedrooms homes inventory decreased by 8%, the quantity of 3 bedrooms homes went down by 16.1%, volume of 4 bedrooms homes went down by 16.7%, number of 5 bedrooms homes decreased by 2%. In September 2022 more than 23 listings in Palm Coast, FL were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 101 were sold below.

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