How much do homes in Palmetto, FL cost?

Median List Price

$299,250

Based on all homes listed in the last 12 months.

Difference Since May 2020

+$42,766(+16.7%)

Key Takeaway

The list price of homes in Palmetto has increased by 16.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSMay 2020May 2021%
1 $98K$119.8K+22.3%
2 $199K$239.9K+20.6%
3 $294.2K$299.2K+1.7%
4 $369.9K$399.9K+8.1%
5+ $789K$857.4K+8.7%

Median List Price Compared To Nearby Cities

Palmetto
+16.7%
Ellenton
+12.5%

How many homes are available in Palmetto, FL?

Number of Homes For Sale

Apr 2021May 2021%
9885-13.3%

Homes For Sale By Bedroom Count

# BEDSApr 2021May 2021%
1 110.0%
2 2724-11.1%
3 5046-8.0%
4 1712-29.4%
5+ 32-33.3%

Asking Price vs. Sold Price

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Average Listing Age

May 2020May 2021%
197 Days84 Days-57.2%

Breakdown of Home Sale Times

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About Palmetto, FL

There are 85 homes are for sale in Palmetto, FL real estate market.

In May 2021 median list price was $299,250 and the average listing age was 84 days.

Listing prices have changed in this real estate market between April 2021 and May 2021: prices of 1 bedroom properties increased by 22.3%, 2 bedrooms properties became 20.6% more expensive, 3 bedrooms properties prices increased by 1.7%, the cost of 4 bedrooms properties went up by 8.1%, prices of 5 bedrooms properties went up by 8.7%.

In May 2021 in Palmetto, FL there were 13.3% less homes for sale than in April 2021.

The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 11.1%, 3 bedrooms homes inventory decreased by 8%, volume of 4 bedrooms homes went dowm by 29.4%, volume of 5 bedrooms homes went dowm by 33.3%.

Over 9 listings were sold over their listed price in May 2021 in Palmetto, FL. In the same period over 9 listings were sold below the listed price and 8 listings were sold for the listed price.

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