Housing · Palmetto

Palmetto, FL housing market

The typical Palmetto home is worth about $350,000, down 3.4% in a year, 7% below the Florida typical home. Homes typically sell in 79 days, below asking.

Home values, sales, trends and how Palmetto compares with the towns next door — updated as new data is published.

The market right now

Palmetto at a glance

Typical home value
$350K
▼ 3.4% in a year · Zillow
Median sale price
$325K
May 2026 · Redfin
Days on market
79
Florida: 66 days
Sale-to-list
98%
Homes sell below asking
Homes sold
13
in May · 99 for sale
Market temperature

A buyer's market

Buyer's marketBalancedSeller's market

More homes are for sale than are selling — about 8 months of supply. Buyers have room to negotiate.

Ten-year trend

Typical home value, 2016–2026

PalmettoFlorida
$200K$250K$300K$350K$400K$450K 20182020202220242026 Palmetto $350K Florida $376K
Show as a table
JanuaryPalmettoFlorida
2017$213,000$209,000
2018$227,000$226,000
2019$242,000$242,000
2020$252,000$253,000
2021$274,000$276,000
2022$350,000$340,000
2023$407,000$392,000
2024$401,000$402,000
2025$382,000$397,000
2026$355,000$377,000
August 2026$350,000$376,000
Nearby

Palmetto and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Palmetto $350K −3.4% 79 $62,621
Memphis — — 35 $74,839
Ellenton $388K −4.7% 131 $71,402
Affordability

5.6 years of income

The typical Palmetto home costs about 5.6 years of the town's median household income, more than across Florida (5 years).

How Palmetto ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
68.8%
Florida: 67.6%
Median tax bill
$2,393
Florida: $2,730
Median rent
$1,366
Florida: $1,669
Typical home built
1983
Florida: 1988

U.S. Census Bureau, ACS 2020-2024.

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.

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Palmetto

Florida · FL
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01