Palmetto Market Report
$486,418
AVERAGE PRICE OF 528 HOMES$695,000
AVERAGE PRICE OF 2 DISTRESSED HOMES$1,728,054
AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES$464,351
AVERAGE PRICE OF 234 NEWLY BUILT HOMES$765,900
AVERAGE PRICE OF 45 HOMES WITH A POOL$423,655
AVERAGE PRICE OF 20 REDUCED PRICE HOMESAverage Home
| Average Price | $486,418 |
| Avg Bedrooms | 2.77 beds |
| Avg Bathrooms | 2.2 baths |
Average Price by Bedrooms
| 1 bedroom | $139,800 |
| 2 bedrooms | $391,745 |
| 3 bedrooms | $512,415 |
| 4 bedrooms | $552,153 |
| 5 bedrooms | $503,150 |
Palmetto Home Price Trends
| 2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
|---|---|---|---|---|---|
| Total Listings | 516 | 478 | 517 | 541 | 515 |
| Average Price | $493,072 | $501,907 | $498,393 | $495,431 | $509,770 |
| Avg Price Change | -1.79% | +0.71% | +0.60% | -2.89% | -0.26% |
| Median Price | $410,145 | $412,697 | $413,953 | $414,112 | $417,509 |
| Med Price Change | -0.62% | -0.30% | -0.04% | -0.82% | -0.76% |
| Avg Bedrooms | 2.92 beds | 2.95 beds | 2.91 beds | 2.91 beds | 2.91 beds |
| Avg Bathrooms | 2.28 baths | 2.29 baths | 2.31 baths | 2.3 baths | 2.3 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Manatee High | 1 | $1,445,000 | 262 days |
| Palmetto High | 284 | $473,230 | 113 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 528 | $486,418 | 121 days |
| Distressed Homes | 2 | $695,000 | 119 days |
| Multi-Million Dollar Homes | 35 | $1,728,054 | 190 days |
| Newly Built Homes | 234 | $464,351 | 135 days |
| Homes with a Pool | 45 | $765,900 | 78 days |
| Reduced Price Homes | 20 | $423,655 | 100 days |
