Palmetto, FL

Buyer's market-23.4% YoY

Housing market overview · Updated weekly

$301,250median sale price

Homes sold

14

Last 12 weeks

Days on market

127

Average pace

Active listings

105

7.5 months supply

Sale-to-list

91.1%

Below asking

The Palmetto housing market is currently classified as a buyer's market with a median sale price of $301,250. Prices have fallen 23.4% compared to last year, with homes spending an average of 127 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Palmetto

There are currently 105 homes listed for sale in Palmetto, Florida. The median listing price is $475K.

Active listings

105

Homes on market

Median list price

$475K

Avg. days on market

127

Days until sale

New this week

19

Newly listed

Price drops:41.9%of listings
Sale-to-list:91.1%

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Frequently asked questions

What is the average home price in Palmetto?

The median home sale price in Palmetto is $301,250, down 23.4% from last year.

How long do homes stay on market in Palmetto?

Homes typically spend 127 days on market before going under contract.

Is Palmetto a buyer's or seller's market?

With 7.5 months of supply, Palmetto is currently a buyer's market.

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