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Featured local agent — Palm Shores, FL
Sarah Mitchell
Compass Real Estate · Palm Shores, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Palm Shores, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$401,500median sale price
How is the Palm Shores, FL housing market right now?
The median home sale price in Palm Shores, FL is $401,500, down 10.8% year-over-year. Homes sell in an average of 87 days with 3 active listings. The market is currently a seller'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 Shores a buyer's or seller's market?
Palm Shores, FL is currently a seller's market, based on 1.5 months of supply and homes selling in about 87 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
87
Average pace
Active listings
3
1.5 months supply
Sale-to-list
100.0%
Above asking
What does the Palm Shores housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $401,500 |
| Median list price | $394,888 |
| Year-over-year price change | -10.8% |
| Average days on market | 87 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $246/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Listings with a price cut | 33.3% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Palm Shores by property type?
How the Palm Shores, 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 | $401,500 | $246/sq ft | 2 | 87 days |
Source: Redfin · Updated monthly
The Palm Shores housing market is currently classified as a seller's market with a median sale price of $401,500. Prices have fallen 10.8% compared to last year, with homes spending an average of 87 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.2x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Palm Shores
There are currently 3 homes listed for sale in Palm Shores, Florida. The median listing price is $395K.
Active listings
3
Homes on market
Median list price
$395K
Avg. days on market
87
Days until sale
New this week
1
Newly listed
Who lives in Palm Shores?
Population
1,479
Median income
$86,563/yr
Median age
44.4 years
Owner-occupied
89.1%
College grads
33.6%
Avg commute
24.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Palm Shores?
Zillow home value
$453,091
Price-to-income
5.2x
Source: Zillow Research
What is it like to live in Palm Shores?
Palm Shores is a community of approximately 1K residents with a median age of 44.4 years.The median household income is $86,563, which reflects a relatively affluent area with strong earning potential. 33.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palm Shores offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Palm Shores, FL?
Want a head-to-head view? Compare Palm Shores 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 Shores?
The median home sale price in Palm Shores is $401,500, down 10.8% from last year.
How long do homes stay on market in Palm Shores?
Homes typically spend 87 days on market before going under contract.
What is the median income in Palm Shores?
The median household income is $86,563 per year.
Is Palm Shores a buyer's or seller's market?
With 1.5 months of supply, Palm Shores is currently a seller's market.
What is the Zillow home value estimate for Palm Shores?
The Zillow Home Value Index (ZHVI) for Palm Shores is $453,091, representing the typical home value in the area.
How much does a single-family home cost in Palm Shores?
The median single-family home price in Palm Shores, FL is $401,500 (about $246 per square foot).
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