Housing in Palmetto, FL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$309,000
Median List Price
$370,000
Price Per Sq Ft
$210
Days on Market
96
Active Inventory
119
Months of Supply
13.2
Buyer's market
Zillow Home Value
$348,062
ZHVI — January 2026
Zillow Rent Index
$2,186
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
11.1%
Off Market in 2 Weeks
13.0%
Sale-to-List Ratio
95.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
34
Pending Sales
23
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$210
Median List $/SF
$263
Palmetto vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Palmetto is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$256,700
Median Rent
$1,286
Total Housing Units
7,222
Vacancy Rate
26.4%
Owner Occupied
68.0%
Renter Occupied
32.0%
Median Property Tax
$2,122
per year
Monthly Cost (w/ Mortgage)
$995
Housing Types
The current median sale price in Palmetto, FL is $309,000 according to Redfin data. Homes spend a median of 96 days on the market. 11.1% of homes sold above asking price. The market has 13.2 months of supply. The median price per square foot is $210. Zillow's observed rent index is $2,186/month. About 68.0% of housing units are owner-occupied. The median year homes were built is 1980. There are 7,222 total housing units.