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Featured local agent — Palm City, FL
Sarah Mitchell
Compass Real Estate · Palm City, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Palm City, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$459,000median sale price
How is the Palm City, FL housing market right now?
The median home sale price in Palm City, FL is $459,000, down 3.8% year-over-year. Homes sell in an average of 66 days with 208 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Palm City a buyer's or seller's market?
Palm City, FL is currently a buyer's market, based on 5.3 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
39
Last 12 weeks
Days on market
66
Average pace
Active listings
208
5.3 months supply
Sale-to-list
95.8%
Below asking
What does the Palm City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $459,000 |
| Median list price | $612,500 |
| Year-over-year price change | -3.8% |
| Average days on market | 66 days |
| Active inventory | 208 listings |
| Months of supply | 5.3 months |
| Sale-to-list price ratio | 95.8% |
| Median price per sq ft | $220/sq ft |
| Homes sold (latest month) | 39 |
| New listings (latest month) | 60 |
| Listings with a price cut | 27.9% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Palm City by property type?
How the Palm City, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $605,000 | $262/sq ft | 31 | 58 days |
| Condo / Co-op | $225,000 | $167/sq ft | 5 | 133 days |
| Townhouse | $237,900 | $192/sq ft | 3 | 115 days |
Source: Redfin · Updated monthly
The Palm City housing market is currently classified as a buyer's market with a median sale price of $459,000. Prices have fallen 3.8% compared to last year, with homes spending an average of 66 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.3x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Palm City
There are currently 208 homes listed for sale in Palm City, Florida. The median listing price is $612K.
Active listings
208
Homes on market
Median list price
$612K
Avg. days on market
66
Days until sale
New this week
60
Newly listed
Who lives in Palm City?
Population
25,699
Median income
$117,689/yr
Median age
50.2 years
Owner-occupied
88.7%
College grads
47.9%
Avg commute
28.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Palm City?
Zillow home value
$617,895
Zillow rent index
$2,552/mo
Price-to-rent ratio
20.2x
Price-to-income
5.3x
Source: Zillow Research
What is it like to live in Palm City?
Palm City is a community of approximately 26K residents with a median age of 50.2 years.The median household income is $117,689, which reflects a relatively affluent area with strong earning potential. 47.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palm City offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Palm City?
4 schools tracked · 2,697 students
The largest public schools serving Palm City, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
HIDDEN OAKS MIDDLE SCHOOL
Grades 6-8 · 995 students
CITRUS GROVE ELEMENTARY
Grades PK-5 · 572 students
PALM CITY ELEMENTARY SCHOOL
Grades PK-5 · 567 students
BESSEY CREEK ELEMENTARY SCHOOL
Grades PK-5 · 563 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Palm City, FL?
Want a head-to-head view? Compare Palm City side-by-side with any other U.S. city using our market-comparison tool.
Is Palm City a good real estate investment market?
For investors evaluating Palm City, the price-to-rent ratio of 20.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Palm City's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Palm City's median home price.
Frequently asked questions
What is the average home price in Palm City?
The median home sale price in Palm City is $459,000, down 3.8% from last year.
How long do homes stay on market in Palm City?
Homes typically spend 66 days on market before going under contract.
What is the median income in Palm City?
The median household income is $117,689 per year.
Is Palm City a buyer's or seller's market?
With 5.3 months of supply, Palm City is currently a buyer's market.
What is the Zillow home value estimate for Palm City?
The Zillow Home Value Index (ZHVI) for Palm City is $617,895, representing the typical home value in the area.
What is the median condo price in Palm City?
The median condo/co-op sale price in Palm City, FL is $225,000, compared to $605,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Palm City?
The median single-family home price in Palm City, FL is $605,000 (about $262 per square foot).
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