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Featured local agent — Palm River-Clair Mel, FL
Sarah Mitchell
Compass Real Estate · Palm River-Clair Mel, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Palm River-Clair Mel, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$360,000median sale price
How is the Palm River-Clair Mel, FL housing market right now?
The median home sale price in Palm River-Clair Mel, FL is $360,000, up 12.5% year-over-year. Homes sell in an average of 47 days with 73 active listings. The market is currently a balanced 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 River-Clair Mel a buyer's or seller's market?
Palm River-Clair Mel, FL is currently a balanced market, based on 3.5 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
21
Last 12 weeks
Days on market
47
Average pace
Active listings
73
3.5 months supply
Sale-to-list
99.4%
Below asking
What does the Palm River-Clair Mel housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $360,000 |
| Median list price | $359,500 |
| Year-over-year price change | +12.5% |
| Average days on market | 47 days |
| Active inventory | 73 listings |
| Months of supply | 3.5 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $218/sq ft |
| Homes sold (latest month) | 21 |
| New listings (latest month) | 26 |
| Listings with a price cut | 37.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Palm River-Clair Mel by property type?
How the Palm River-Clair Mel, 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 | $365,000 | $224/sq ft | 18 | 40 days |
| Townhouse | $225,000 | $163/sq ft | 3 | 57 days |
Source: Redfin · Updated monthly
The Palm River-Clair Mel housing market is currently classified as a balanced market with a median sale price of $360,000. Prices have risen 12.5% compared to last year, with homes spending an average of 47 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Palm River-Clair Mel
There are currently 73 homes listed for sale in Palm River-Clair Mel, Florida. The median listing price is $360K.
Active listings
73
Homes on market
Median list price
$360K
Avg. days on market
47
Days until sale
New this week
26
Newly listed
Who lives in Palm River-Clair Mel?
Population
26,719
Median income
$62,976/yr
Median age
35 years
Owner-occupied
61.0%
College grads
22.7%
Avg commute
28.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Palm River-Clair Mel?
Palm River-Clair Mel is a community of approximately 27K residents with a median age of 35 years.The median household income is $62,976, which represents a working-class community with solid middle-income opportunities. 22.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.0%, showing a blend of owner and renter-occupied properties. The average commute time is 28.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palm River-Clair Mel offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Palm River-Clair Mel, FL?
Want a head-to-head view? Compare Palm River-Clair Mel side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Palm River-Clair Mel?
The median home sale price in Palm River-Clair Mel is $360,000, up 12.5% from last year.
How long do homes stay on market in Palm River-Clair Mel?
Homes typically spend 47 days on market before going under contract.
What is the median income in Palm River-Clair Mel?
The median household income is $62,976 per year.
Is Palm River-Clair Mel a buyer's or seller's market?
With 3.5 months of supply, Palm River-Clair Mel is currently a balanced market.
How much does a single-family home cost in Palm River-Clair Mel?
The median single-family home price in Palm River-Clair Mel, FL is $365,000 (about $224 per square foot).
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