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Featured local agent — Palmetto, GA
Sarah Mitchell
Compass Real Estate · Palmetto, GA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Palmetto, GA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$257,995median sale price
How is the Palmetto, GA housing market right now?
The median home sale price in Palmetto, GA is $257,995, down 27.3% year-over-year. Homes sell in an average of 59 days with 18 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 Palmetto a buyer's or seller's market?
Palmetto, GA is currently a balanced market, based on 3.0 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
59
Average pace
Active listings
18
3.0 months supply
Sale-to-list
97.2%
Below asking
What does the Palmetto housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $257,995 |
| Median list price | $260,490 |
| Year-over-year price change | -27.3% |
| Average days on market | 59 days |
| Active inventory | 18 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 97.2% |
| Median price per sq ft | $184/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 9 |
| Listings with a price cut | 16.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Palmetto by property type?
How the Palmetto, GA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $269,450 | $193/sq ft | 4 | 30 days |
| Condo / Co-op | $110,000 | $95/sq ft | 1 | 119 days |
| Townhouse | $256,990 | $161/sq ft | 2 | 274 days |
Source: Redfin · Updated monthly
The Palmetto housing market is currently classified as a balanced market with a median sale price of $257,995. Prices have fallen 27.3% compared to last year, with homes spending an average of 59 days on market, indicating 3.0 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 4.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Palmetto
There are currently 18 homes listed for sale in Palmetto, Georgia. The median listing price is $260K.
Active listings
18
Homes on market
Median list price
$260K
Avg. days on market
59
Days until sale
New this week
9
Newly listed
Who lives in Palmetto?
Population
4,681
Median income
$54,745/yr
Median age
42.8 years
Owner-occupied
48.4%
College grads
13.2%
Avg commute
28.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Palmetto?
Zillow home value
$245,489
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Palmetto?
Palmetto is a community of approximately 5K residents with a median age of 42.8 years.The median household income is $54,745, which represents a working-class community with solid middle-income opportunities. 13.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 48.4%, showing a blend of owner and renter-occupied properties. The average commute time is 28.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palmetto offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Palmetto?
2 schools tracked · 422 students
The largest public schools serving Palmetto, GA 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.
Palmetto Elementary School
Grades PK-5 · 414 students
Georgia Baptist Children's Home and Family Ministries
Grades K-12 · 8 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 Palmetto, GA?
Want a head-to-head view? Compare Palmetto side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Palmetto?
The median home sale price in Palmetto is $257,995, down 27.3% from last year.
How long do homes stay on market in Palmetto?
Homes typically spend 59 days on market before going under contract.
What is the median income in Palmetto?
The median household income is $54,745 per year.
Is Palmetto a buyer's or seller's market?
With 3.0 months of supply, Palmetto is currently a balanced market.
What is the Zillow home value estimate for Palmetto?
The Zillow Home Value Index (ZHVI) for Palmetto is $245,489, representing the typical home value in the area.
What is the median condo price in Palmetto?
The median condo/co-op sale price in Palmetto, GA is $110,000, compared to $269,450 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Palmetto?
The median single-family home price in Palmetto, GA is $269,450 (about $193 per square foot).
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